📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

I get paid in Euros which bank is best?

Options
2»

Comments

  • Hi eDicky

    You are exactly right they receive all payments from our patient in Euros account in St Petersburg so then use this account to pay back to me they do not convert Rubels to Euros then to GBP.

    I will look into an XE account now and let you know how I get on - much appreciated advice thanks so much!
  • grumbler
    grumbler Posts: 58,629 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    eDicky wrote: »
    ..., perhaps you could sign up with XE yourself and register your UK account and your employers' account as a source. Then have them pay the agreed amount of euros to XE's account (in the same country as the source account so usually free of charge), who then convert it to GBP and deposit it in your account (from their London account so free of charge).

    Maybe a British agent such as Transferwise or FairFX could do the same thing slightly cheaper, but they may not have an account to receive the funds in the country where your employer banks. XE are everywhere....
    ....
    I will look into an XE account now and let you know how I get on - much appreciated advice thanks so much!
    http://www.xe.com/currencytransfers/
    Sorry, we are currently not licensed to provide currency transfer services in your region.
    I selected
    Country of residence: Russia
    Account type: Business
  • HI Grumbler

    Thanks for checking XE

    I have also checked Transferwise and they can do it as long as the company registers so will speak to my employers.

    Thanks again to everyone for all their help!
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599.1K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.