Euro savings accounts in UK?

Poq

Do any UK banks offer no-nonsense savings accounts in the EUR currency?

Hoping for something with 2–3% interest.

SliAbhaile

Not that I was able to find.

Nicholas-bloody-Parsons

There are some Euro Offshore Accounts listed on moneyfacts website; but the rates are worse than GBP rates.

My friend who lives in Portugal gets 5-7% on his savings depending on type of account; but there is obviously a risk that you dont get paid back in Euros. :T

Poq

What about lower interest, like 1% or so?

Poq

Guess that's a no?

grey_gym_sock

e.g. nationwide international have 1.2% on £5k, 1.75% on £25k (incl. bonus) - http://www.nationwideinternational.com/interestrates/euro.htm

Poq

grey_gym_sock wrote: »

e.g. nationwide international have 1.2% on £5k, 1.75% on £25k (incl. bonus) - http://www.nationwideinternational.com/interestrates/euro.htm

Is it easy to move money in and out of those accounts on demand? Can it be cashed (in EUR) at a branch?

innovate

Poq wrote: »

Is it easy to move money in and out of those accounts on demand?

They usually offer Internet access, and Euro current accounts have debit cards like other current accounts.

Poq wrote: »

Can it be cashed (in EUR) at a branch?

They don't hold Euros in UK branches. You might be able to order Euros but you'd need to ask the bank. You'd be able to get GBP at UK ATMs and Bureaux De Change, with appropriate costs for exchange rates and any costs.

Poq

innovate wrote: »

They don't hold Euros in UK branches. You might be able to order Euros but you'd need to ask the bank. You'd be able to get GBP at UK ATMs and Bureaux De Change, with appropriate costs for exchange rates and any costs.

Ah, I will ask.

That kinda sucks.

Is it free to have EUR accounts then? Since you mentioning debit card.

In Sweden I can have EUR accounts, but was looking to get something local.

innovate

Poq wrote: »

Is it free to have EUR accounts then? Since you mentioning debit card.

Do you google? e.g. http://www.expat.hsbc.com/1/2/hsbc-expat/products/current-accounts/bank-account (I am not recommending HSBC - it might be good, it might not be, it was just my first google find).

Poq wrote: »

In Sweden I can have EUR accounts

May be that's your answer?

atush

I have 2 euro current accts (they might have savings ones too but I haven't enquired). One with Barclays, one with HSBC. I have debit cards with both.