Foreign currency account

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Hello All,
What is the best bank to open foreign currency account with?
HSBC or Natwest what are there charges lets say if account is in US$

Let if any other good option.
Will use it for personal use and will transfer money via wire transfer from this account.

Thanks in advance.

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No one knows about it?

dzug1

http://www.hsbc.co.uk/1/2/personal/current-accounts/more/international-current-account/costs;jsessionid=0000jKt6wNVXS78LzwpTfPrj06G:12ntf2618

for starters.

What they don't mention (and may be significant) is the exchange rate loading used when funding the account from a sterling one - or the costs of wire transfers

I'm sure you are capable of finding Natwest's equivalent online.

System

Citibank offer a US dollar current account with no monthly charge. If they accept you for a dollar account, worth opening a GBP account too, because transfers between GBP and USD are then easy, and at a reasonable exchange rate.

mancini601

YoungNick wrote: »

Citibank offer a US dollar current account with no monthly charge. If they accept you for a dollar account, worth opening a GBP account too, because transfers between GBP and USD are then easy, and at a reasonable exchange rate.

As above, Citibank are quite good and do not have a mothly charge. I opened a GBP account, then a US $ and a Euro account too. Transfer between these is instant.

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Hi Thanks for info,
Yes no monthly fee on Natwest as well but kind of percentage they charge when you deposit or withdraw money.