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US Dollar account with Natwest
jinkster
Posts: 377 Forumite
Is it possible to open a US Dollar account with Natwest? I don't really want to use the International services.
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Comments
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If they offer such an account it must be possible to open one. But they won't provide a USD debit card and their rates for exchanging to/from GBP will be extortionate. What's your purpose?Evolution, not revolution0
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I work abroad and paid in a currency pegged to the USD. I'd like to transfer from abroad to UK account in USD then use a currency exchange service to change to GBP when required.0
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I work abroad and paid in a currency pegged to the USD. I'd like to transfer from abroad to UK account in USD then use a currency exchange service to change to GBP when required.
You'll still have various charges (plus forex unless they do the transfers in USD) I assume it's a middle eastern country?This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0 -
You may find the TransferWise 'Borderless Account' useful:
https://transferwise.com/borderless?source=publicNavbar
You might need to be in UK (or use VPN) to sign up.Evolution, not revolution0 -
You may find the TransferWise 'Borderless Account' useful:
https://transferwise.com/borderless?source=publicNavbar
You might need to be in UK (or use VPN) to sign up.
This is a good option. Though if you wish to withdraw $ funds into UK bank account (whether £ or $), you still have to pay conversion fees. The only way not to pay conversion fees is to also have a physical bank account in the US of A.0
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