Bank draft in Euro

MaSao

Hi

Can you help me please

I am still looking for a bank that allows me to open a bank account in euros and then accept bank drafts in euros?

No luck so far. 
Any ideas?

Thank you 

wmb194

MaSao said:

Hi

Can you help me please

I am still looking for a bank that allows me to open a bank account in euros and then accept bank drafts in euros?

No luck so far. 
Any ideas?

Thank you 

Where have you tried? For this sort of thing HSBC is usually a good place to try and it offers euro accounts.

MaSao

Hsbc told me they stop accepting bank drafts in euro

wmb194

MaSao said:

Hsbc told me they stop accepting bank drafts in euro

That's interesting. Where else have you tried? What about Barclays?

Where has the draft come from? Would there be any way to send it back and have the money transferred to you electronically instead?

MaSao

I can not send it back - tried it already

Barclays needs me to have normal account open for 6months to open currency account which I dont have 

wmb194

MaSao said:

I can not send it back - tried it already

Barclays needs me to have normal account open for 6months to open currency account which I dont have 

Open a Barclays account and get the clock ticking. Worse case, if Barclays will still handle them, you could deposit the draft in a GBP account with it and take the hit on the FX rate.

Where else have you tried? How much is the draft for?

TheBanker

wmb194 said:

MaSao said:

I can not send it back - tried it already

Barclays needs me to have normal account open for 6months to open currency account which I dont have 

Open a Barclays account and get the clock ticking. Worse case, if Barclays will still handle them, you could deposit the draft in a GBP account with it and take the hit on the FX rate.

Where else have you tried? How much is the draft for?

Barclays won't accept foreign cheques and drafts any more. They changed the rules in January, even if you have a currency account.

https://www.barclays.co.uk/help/payments/cheques/pay-foreign/

MaSao

Omg. There is a lots of old informations on website then

I dont want to swap it to sterlings as I will spend this in euros.

Hoenir

Is this the same draft you had last November ? 

wmb194

MaSao said:

Omg. There is a lots of old informations on website then

I dont want to swap it to sterlings as I will spend this in euros.

If you tell us where you've already tried perhaps we can suggest something new?

Oh, yes. Previous thread: https://forums.moneysavingexpert.com/discussion/6485487/euro-account-and-bank-draft#latest

So this is from Ireland? I wonder whether e.g., Ulster Bank, part of RBS/NatWest, offers anything that could work.

MaSao

Ulster Bank do not have euro account or I do not find any.

HSBC do not takes bank drafts
Barclays do not take Bank drafts
Santander do not have Bank drafts

Halifax does not have euro account

Bank of Ireland do not care and wont take back this bank draft. Managers there were very unpleasant.

I am suprised that this is so difficult.