How to open account with foreign account number from UK - Revolut maybe???

Hi,
I am owed some money from abroad (EU) but apparently the only way I can get it is to either go to a branch and get it in cash (not an options as there are no branches in the UK and travelling abroad would cost more than the amount I'd get) or have it transferred to a bank account in my name in that country (they can't send it to my UK account or to an account in someone else's name).
So I'm wondering, is there a way to open a foreign bank account from the UK?
I've been looking into it a bit and it seems I can't open an account with a local bank there as I'm not a resident and don't have proof of address (I could open an account if I visited a branch in person, but that would require travel abroad).
I came across Revolut - they appear to operate internationally. I don't know anything about them so, is there an option to open account with a domestic account number of a different country?
I just want to open a basic account, get the money deposited there and transfer it to my UK account immediately after. 
Thank you!
«13

Comments

  • fonesaver
    fonesaver Posts: 287 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Yorkie006 said:
    Hi,
    I am owed some money from abroad (EU) but apparently the only way I can get it is to either go to a branch and get it in cash (not an options as there are no branches in the UK and travelling abroad would cost more than the amount I'd get) or have it transferred to a bank account in my name in that country (they can't send it to my UK account or to an account in someone else's name).
    So I'm wondering, is there a way to open a foreign bank account from the UK?
    I've been looking into it a bit and it seems I can't open an account with a local bank there as I'm not a resident and don't have proof of address (I could open an account if I visited a branch in person, but that would require travel abroad).
    I came across Revolut - they appear to operate internationally. I don't know anything about them so, is there an option to open account with a domestic account number of a different country?
    I just want to open a basic account, get the money deposited there and transfer it to my UK account immediately after. 
    Thank you!
    BUNQ with give you an IBAN from NL, DE, ES, FR or IE with their savings account (free) or bank account (1 month free)
  • fonesaver
    fonesaver Posts: 287 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Starling has a free Euro account with a GB IBAN
  • Yorkie006
    Yorkie006 Posts: 266 Forumite
    Seventh Anniversary 100 Posts Photogenic Name Dropper
    fonesaver said:

    BUNQ with give you an IBAN from NL, DE, ES, FR or IE with their savings account (free) or bank account (1 month free)
    Thanks, but unfortunately, the money is in neither of those countries. I don't need IBAN, I need the account number in local format (like sort code and acc. number for UK accounts).
  • Yorkie006
    Yorkie006 Posts: 266 Forumite
    Seventh Anniversary 100 Posts Photogenic Name Dropper
    I should specify, I need a Czech account number in this format: 6-10numbers/4numbers. The first part is the account number (6-10 numbers depending on account) and the other part is a 4 digit code of the bank (something like a sort code).
  • Yorkie006
    Yorkie006 Posts: 266 Forumite
    Seventh Anniversary 100 Posts Photogenic Name Dropper
    fonesaver said:
    Starling has a free Euro account with a GB IBAN
    Thanks, unfortunately the country is not part of Euro zone and the money can't be deposited to an account without a domestic bank acc. number (so IBAN won't work).
  • Daliah
    Daliah Posts: 3,792 Forumite
    1,000 Posts First Anniversary Photogenic Name Dropper
    Here is how they can send your Czech Krona directly to your UK account 
    https://www.monito.com/en/compare/transfer/cz/gb/czk/gbp/1000
  • Daliah said:
    Here is how they can send your Czech Krona directly to your UK account 
    https://www.monito.com/en/compare/transfer/cz/gb/czk/gbp/1000
    Won't work either, it has to be transferred to a Czech bank account or withdrawn in person at a branch in cash. The money is owed to me by a company and they do not allow any other options (I tried, but apparently there is no other way). So I either have to travel to Czech Republic (that would cost more than the amount owed) or have it sent to a Czech account in my name (which I don't have). I really don't know what to do...
  • Daliah
    Daliah Posts: 3,792 Forumite
    1,000 Posts First Anniversary Photogenic Name Dropper
    Yorkie006 said:
    Daliah said:
    Here is how they can send your Czech Krona directly to your UK account 
    https://www.monito.com/en/compare/transfer/cz/gb/czk/gbp/1000
    Won't work either, it has to be transferred to a Czech bank account or withdrawn in person at a branch in cash. The money is owed to me by a company and they do not allow any other options (I tried, but apparently there is no other way). So I either have to travel to Czech Republic (that would cost more than the amount owed) or have it sent to a Czech account in my name (which I don't have). I really don't know what to do...
    Why can’t they use a money transfer service, or alternatively, a transfer from their Czech bank account to your UK one? 
  • DullGreyGuy
    DullGreyGuy Posts: 17,262 Forumite
    10,000 Posts Second Anniversary Name Dropper
    Why wont they send it to a non-czech account?

    You are probably going to have to look at local solutions there and see if any options exist. The likes of Wise will give you a receiving account in certain countries but unfortunately Czech Republic isnt one of them. 
  • Daliah
    Daliah Posts: 3,792 Forumite
    1,000 Posts First Anniversary Photogenic Name Dropper
    edited 18 October 2022 at 11:14AM
    Fineco lets you have a Czech Krona account https://finecobank.co.uk/public/banking/multicurrency/

    It's a bit cumbersome to set up a Fineco account, and everything takes ages but with some patience, it should work
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
  • 349.8K Banking & Borrowing
  • 252.6K Reduce Debt & Boost Income
  • 453K Spending & Discounts
  • 242.8K Work, Benefits & Business
  • 619.6K Mortgages, Homes & Bills
  • 176.4K Life & Family
  • 255.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 15.1K Coronavirus Support 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.