Euro (€) Currency Thread

Foxtbh

Question: What are the benefits of buying Euros from a currency provider rather than simply withdrawing the cash from a Nationwide bank account at a European ATM and simply paying the Visa base rate?

c-m

Foxtbh wrote: »

Question: What are the benefits of buying Euros from a currency provider rather than simply withdrawing the cash from a Nationwide bank account at a European ATM and simply paying the Visa base rate?

Probably none. I cant see you getting a better rate than the visa base rate.

soweezy

does anyone know if the ATMs in the Eurotunnel terminal charge a fee for withdrawing Euros ?

I have a Nationwide Flex Account card if that makes any difference.

thanks

dzug1

Foxtbh wrote: »

Question: What are the benefits of buying Euros from a currency provider rather than simply withdrawing the cash from a Nationwide bank account at a European ATM and simply paying the Visa base rate?

You do have the 'comfort' factor of having some euros when you arrive in case you can't get to an ATM/it doesn't work.

But then taking £££ is nearly as good for the rare occasions it happens

Apart from that - none

johnpaul74

Does it have to be a nationwide bank account to benefit on the base rate?

inspector_monkfish

1.1940 trading

inspector_monkfish

1.1970 trading

munrorunner

I'd like to have an account where I can deposit or remove Euros or even transfer between Sterling and Euro. This should be easy to do in the UK but it's not. It's a simple thing to do, most Canadian banks have a US dollar current account attached to them.

I can't find any info on MSE about which is the best bank to open a Euro account with. If I'm depositing euros I'd prefer to have them stay as Euros and not exchanged to Sterling.

Any ideas?

jammin_2

munrorunner wrote: »

I'd like to have an account where I can deposit or remove Euros or even transfer between Sterling and Euro. This should be easy to do in the UK but it's not. It's a simple thing to do, most Canadian banks have a US dollar current account attached to them.

I can't find any info on MSE about which is the best bank to open a Euro account with. If I'm depositing euros I'd prefer to have them stay as Euros and not exchanged to Sterling.

Any ideas?

Either Halifax or Lloyds TSB (same company anyway) in Spain will let you opening a Euro account with a UK address. It can be applied for online.
http://www.halifax.es/halifaxing/halifax/halifax.asp?sec=halifax
https://www.lloydstsb.es/ing/index.htm

inspector_monkfish

1.2070 trading