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Euro Bank Account
morrisoc
Posts: 1 Newbie
Hopefully someone can give me sound advice on opening a euro bank account.
As well as working outside the European Union I will soon be paid in euros by a new employer. To take advantage of my tax free status I have been advised to open an offshore account that accepts payment transfers in euros...
Who can advise as to, which is the best one to choose and what are the pitfalls to watch out for?
Ideally I'd like to continue paying my UK sterling direct debits through this account, but would it be more practical to open a corresponding sterling account with the same offshore bank or keep my dd's as they with a UK based bank and transfer funds each quarter to support these payments
Which offshore bank offers the best exchange rate for euros to sterling?
Spasibo!
As well as working outside the European Union I will soon be paid in euros by a new employer. To take advantage of my tax free status I have been advised to open an offshore account that accepts payment transfers in euros...
Who can advise as to, which is the best one to choose and what are the pitfalls to watch out for?
Ideally I'd like to continue paying my UK sterling direct debits through this account, but would it be more practical to open a corresponding sterling account with the same offshore bank or keep my dd's as they with a UK based bank and transfer funds each quarter to support these payments
Which offshore bank offers the best exchange rate for euros to sterling?
Spasibo!
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