How do I get a € Euro bank account?

Lith

Im also interested in a 'EU' account does HSBC offer one? for free to ?


cant find it on the website.

NFH

ashleyingle wrote: »

Rather than opening a Euro bank account, which many account can charge you a monthly fee, you can look at currency brokers.

If you read above, we're specifically discussing accounts that don't charge a monthly fee.

ashleyingle wrote: »

by opening and maintaining an account with a currency broker (free) and using a broker that has client accounts in the EU also, will mean you (and dutch company) wouldnt get charged a transfer fee and superior rates EUR-GBP.

Why would the Dutch company be charged a fee for sending a EUR transfer within the EEA? They would be charged the same as a domestic transfer within the Netherlands in accordance with Article 3(1) of Regulation (EC) No 924/2009 on cross-border payments in the Community.

calypso_rhapsody

I am very pleased with my Citibank Euro account - free transfers to pay European suppliers.

Just two minor irritants:

* you can only change the card PIN in a Citibank machine - there aren't many of those!
* if you don't use the account for 360 days they will deactivate the account - you need to phone to get it reactivated ....

NFH

calypso_rhapsody wrote: »

* you can only change the card PIN in a Citibank machine - there aren't many of those!

This is even worse with DKB; apparently you can't change the PIN at all. I think they only have one or two branches, in East German backwaters liike Schwerin.

DesG

Anyone know if you can make SEPA payments using the online banking of DKB?

Cheers, Des.

tiredofpoorservice

NFH wrote: »

Open an account with DKB. They don't charge for anything (free cash withdrawals anywhere in the Eurozone) and they're fine with non-residents opening accounts. They also pay 2.05% interest. I'd avoid any euro account in the UK, which either lack basic banking facilities or charge hefty fees for transactions that are normally free of charge.

This sounds like exactly the kind of thing I am presently looking for. But how does a uniglot like myself get round the language barrier?!


TOPS

DunPin

tiredofpoorservice wrote: »

This sounds like exactly the kind of thing I am presently looking for. But how does a uniglot like myself get round the language barrier?!

TOPS

Translate with Google Translate? you will have a hard time phoning up and talking to them in English though, they apparently don't have English advisors on hand.

catokelly

You could use an international money transfer specialist, most will hold a Client Euro account, therefore Euros can be transferred directly to their Euro account, they would convert the Euros into £££s for you at much better rates than all high street banks.

If you manage to open a Euro account, most will charge a monthly fee and you will still have the problem of needing to convert the Euros to £££s at a decent rate.

anentropic

MaccyDs wrote: »

DKB in Germany will gladly open an account for you... they require that your identity is verified however I am not sure how it is done without the embassy which refuses to do it now :S

Otherwise 2.05% interest, free account maintenance plus other benefits... it is better than my HSBC account :eek:

Shame the interest is lower now: 0.2%, or 1% on cash balance of the Visa card

2% would have been really good!

anentropic

Is there any way to deposit Euro bank notes into a DKB account from the UK? I guess not?