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Euros paid into UK bank account.

Toldfield
Toldfield Posts: 11 Forumite
in Budgeting & bank accounts
I'll be working overseas pretty soon and my salary will be paid in euros. Does anyone have/had a similar situation? What type of account did you open for it, if any?

Thanks

Comments

  • Gonzo33
    Gonzo33 Posts: 440 Forumite
    Who do you bank with? I know that Barclays will let you open a Euro account and has a better rate of exchange when transferring over to your sterling account.

    I don't know about anyone else because I don't bank with anyone else. I expect HSBC and maybe NWB will have the same sort of facility too.
    Grab life by the balls before it grabs you by the neck.
  • missile
    missile Posts: 11,886 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Most banks will be able to arrange an euro account. I use LTSB International>
    http://www.lloydstsb-offshore.com/international-current-accounts/
    , they give a good exchange rate and charge free transfers to my UK account.

    You might want to open an account in the country you will be working in?
    "A nation's greatness is measured by how it treats its weakest members." ~ Mahatma Gandhi
    Ride hard or stay home :iloveyou:
  • benjus
    benjus Posts: 5,433 Forumite
    Part of the Furniture 1,000 Posts
    I would probably open a bank account in the country you're working in, and use a good FX broker when I want to transfer funds to my UK account.
    Let's settle this like gentlemen: armed with heavy sticks
    On a rotating plate, with spikes like Flash Gordon
    And you're Peter Duncan; I gave you fair warning
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