We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 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!

USD Bank Account in the UK?

Options
Does anyone know of a provider that will allow me to open a USD bank account please?

I was told Citigroup did this, but now I only see their Citigold which requires an average of £150k or has a £75/month fee.

Cannot use HSBC.

Comments

  • eDicky
    eDicky Posts: 6,835 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    What's your particular purpose?

    Several UK banks offer USD accounts, usually with fees or a minimum balance (none so severe as Citi) Their usefulness is limited, and having a GBP account is often required first. There are many previous threads, search for them to see details.
    Evolution, not revolution
  • Most UK banks will open a dollar account for you but they will be based offshore.
    You need to check each individually for costs (they won't be free) and what you can and can't do. eg most won't let you pay $ cash in a UK branch to a $ account.
  • pinkdalek
    pinkdalek Posts: 1,355 Forumite
    Tenth Anniversary 1,000 Posts
    Lloyds bank through their international banking offer it, not sure if there is a minimum balance to maintain.

    You'd probably get something from the typical bank eg Barclays/RBS/LBG, surprised HSBC can't.

    Otherwise search online, look at somewhere like moneysupermarket.
  • pinkdalek wrote: »
    You'd probably get something from the typical bank eg Barclays/RBS/LBG, surprised HSBC can't.
    I think the OP was meaning that they personally can't use HSBC, for whatever reason.
  • hennerz
    hennerz Posts: 172 Forumite
    eDicky wrote: »
    What's your particular purpose?

    Several UK banks offer USD accounts, usually with fees or a minimum balance (none so severe as Citi) Their usefulness is limited, and having a GBP account is often required first. There are many previous threads, search for them to see details.

    Receive USD wire, send USD to USD account (online).
  • hennerz
    hennerz Posts: 172 Forumite
    I think the OP was meaning that they personally can't use HSBC, for whatever reason.

    Yeah, this.
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
  • 350.8K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.5K Spending & Discounts
  • 243.8K Work, Benefits & Business
  • 598.7K Mortgages, Homes & Bills
  • 176.8K Life & Family
  • 257.1K 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.