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USD account

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I'm looking for a USD account with the lowest monthly fees and minimum deposit that doesn't require me switching my current account from Santander, who do not have a suitable product.

I am going to be paid regularly in USD and think the best way to manage this is to get paid into a UK USD account and exchange it at my leisure through Moneycorp to get a better exchange rate. HSBC have a fee-free USD account but they require that you have a current account with them and these are not very rewarding compared to my Santander 123. Therefore I think it's worth paying an account fee for the USD account elsewhere.

Anyone been in a similar position? How did you handle it?

Comments

  • ceh209
    ceh209 Posts: 877 Forumite
    Part of the Furniture 500 Posts Name Dropper
    Jennamo wrote: »
    HSBC have a fee-free USD account but they require that you have a current account with them and these are not very rewarding compared to my Santander 123.


    Why is that a problem? You can keep the Santander account, have 2 HSBC (1 GBP, 1 USD), and just transfer out to Santander via the HSBC GBP?
    Excuse any mis-spelt replies, there's probably a cat sat on the keyboard
  • agrinnall
    agrinnall Posts: 23,344 Forumite
    10,000 Posts Combo Breaker
    ceh209 wrote: »
    Why is that a problem? You can keep the Santander account, have 2 HSBC (1 GBP, 1 USD), and just transfer out to Santander via the HSBC GBP?

    Exactly, anything else would just overcomplicate the situation.
  • Just all a mess isn't it
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