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Can i deposit euro's at my bank ?

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DanielD2008
DanielD2008 Posts: 761 Forumite
in Budgeting & bank accounts
Anyone know ?

Comments

  • DanielD2008
    DanielD2008 Posts: 761 Forumite
    Hi,

    Sorry for lack of info !.

    Its the Alliance and Leicester.Its not much,but its better being in my account than lying around.
  • opinions4u
    opinions4u Posts: 19,411 Forumite
    DanielD2008 wrote: »
    Its the Alliance and Leicester.
    Other will have to answer that one.
    Its not much,but its better being in my account than lying around.
    Not necessarily. The spread between selling rates and buying rates for a foreign currency is usually 12%. So assuming exchange rates stay the same (!!) and you can look after the money safely you are better keeping the money safe for your next trip to Eurozone - unless you can earn 12%+ interest on it.
  • Inactive
    Inactive Posts: 14,509 Forumite
    I agree, if it is a smallish amount, you are better off keeping it.
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