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Best Business Bank Account for New Business Startup being paid in Euros

Gilko2
Posts: 6 Forumite

Hi, I'm setting up a new limited company in the UK consulting for a business in Europe who have agreed to pay me monthly in euros. Rather than opening a business bank account and the having said bank use it's own unfavourable exchange rates whilst attracting possible transaction fees converting euro's to pounds, can anyone suggest a better alternative or process? Maybe one that currently works for them
?
Monthly payment would be in the region of the €10,000 and i'd look to have a Euro account to receipt this ammount and a separate GBP account to transfer either part or all the received amount (depending on current exchange rates) on a monthly basis.
I have seen similar posts but most date back several years so i'm certain things will have changed since then.
Any advice would be very much appreciated.
?
Monthly payment would be in the region of the €10,000 and i'd look to have a Euro account to receipt this ammount and a separate GBP account to transfer either part or all the received amount (depending on current exchange rates) on a monthly basis.
I have seen similar posts but most date back several years so i'm certain things will have changed since then.
Any advice would be very much appreciated.
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Comments
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Thanks Simon. I contacted Starling last week and they are currently paused applications - see below. Hopefully they will be taking applications soon.
We've temporarily paused applications for the following accounts while we make some changes and improvements to the account opening process: - Additional Personal Account - Euro (Personal & Business) - Business US dollar. This means you won’t be able to open one right now, but we’re working to make them available again soon. When they’re back, you’ll be able to apply from the menu in the Starling app, as long as you’re eligible for the account.
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Revolut is probably your best option then. Or Wise.1
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