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  • FIRST POST
    • SK55607
    • By SK55607 13th Feb 18, 11:45 PM
    • 3Posts
    • 1Thanks
    SK55607
    Euro Acct. being closed - temp. destination?
    • #1
    • 13th Feb 18, 11:45 PM
    Euro Acct. being closed - temp. destination? 13th Feb 18 at 11:45 PM
    My Euro account is being closed, does anyone know where I can safely and quickly park my money for a month or so while I choose and then open a new euro account ? Somewhere or something I can transfer the money into from a Euro account ?

    Thanks
    Last edited by SK55607; 13-02-2018 at 11:54 PM.
Page 1
    • eDicky
    • By eDicky 14th Feb 18, 7:49 AM
    • 3,152 Posts
    • 1,458 Thanks
    eDicky
    • #2
    • 14th Feb 18, 7:49 AM
    • #2
    • 14th Feb 18, 7:49 AM
    Fineco Bank UK is an actual bank account, otherwise Revolut or TransferWise 'Borderless Account' could be used to receive and hold funds in euros.
    • SK55607
    • By SK55607 14th Feb 18, 10:14 AM
    • 3 Posts
    • 1 Thanks
    SK55607
    • #3
    • 14th Feb 18, 10:14 AM
    • #3
    • 14th Feb 18, 10:14 AM
    Thanks eDicky, I'll look into these 3. Do Revolut and TransferWise have similar protections to a bank account ?
    • SK55607
    • By SK55607 14th Feb 18, 4:48 PM
    • 3 Posts
    • 1 Thanks
    SK55607
    • #4
    • 14th Feb 18, 4:48 PM
    • #4
    • 14th Feb 18, 4:48 PM
    Looking into them I'm concerned they may be a risk for +/-100,000 Euro. I'm also in contact with HSBC who do a Euro account if you open a current account. Does anyone recommend/have any experience with KBC ? Is there any other stable vehicle where I can leave my euros for 1-month while I find the best account for me ?
    • eDicky
    • By eDicky 15th Feb 18, 6:31 AM
    • 3,152 Posts
    • 1,458 Thanks
    eDicky
    • #5
    • 15th Feb 18, 6:31 AM
    • #5
    • 15th Feb 18, 6:31 AM
    KBC Ireland is fine and can be opened easily with a UK address, if that's what you have.

    Obviously a real bank account would be much better to keep that amount - so a bank account to hold it until you find a bank account... Its hard to advise without knowing your specific requirements.
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