Best way to transfer Euros into a high interest UK sterling account?

mixtboy

i have a decent sized lump sum (10k) that i want to deposit in a british high earning savings account for a 1 year period. i am self employed and it is my income tax that i put aside for payment next year... in holland! but in the meantime, it sits in a low interest "high interest savings account" in the netherlands... earning a paltry 2.5%. i want to maximise the interest earned on this lump before i have to give it to the taxman so how do i get it into a sterling account (or euro account if one exists) that pays over 6% and won't murder me on the exchange rate or foreign transfer fees. anyone got any bright ideas!?!?

i've been transferring cash over and just taking the hit on the exchange rate, which still leaves me up because of the higher interest, but if anyone knows a better way, speak up... much appreciated!

JohalaReewi

Try a search of the forum. There are companies that specialise in converting currencies and will give you a better rate than the high street especially if you are transferring from bank account to bank account. See this thread...
http://forums.moneysavingexpert.com/showthread.html?t=743847