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Banking in EEC when living outside of the EEC zone
pdesjard
Posts: 1 Newbie
Am soon planning to retire from a European country to a country outside of the EEC, but do not want to have my Euro pension sent to this country due to hefty admin charges the social system makes for transfers outside of EEC. I thought possibly the best way of avoiding this is to open a Euro account in UK and have my pension transferred there, then to draw my pension periodically via an ATM in the country I plan to move to.
My question is: Has anyone experienced a similar scenario can offer advice on how to get the 'best' from one's money overseas (outside of EEC) when holding a Euro or Sterling account, to avoid / reduce all the niggly bank transfer/withdrawal charges that nibble away at one's final cash-in-hand amount.
My question is: Has anyone experienced a similar scenario can offer advice on how to get the 'best' from one's money overseas (outside of EEC) when holding a Euro or Sterling account, to avoid / reduce all the niggly bank transfer/withdrawal charges that nibble away at one's final cash-in-hand amount.
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