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Foreign currency account when working abroad

Discussion in 'SMB' started by Ashley In!!, Jul 12, 2019.

  1. Ashley In!!

    Ashley In!! Striker

    Looks like I may be working in Europe for a couple of months towards the back end of the year.

    I'll be paid in Euros, ideally into a Euro Account.

    Need to be able to access cash from the account whilst abroad without paying large ATM large fees - probably to withdraw most of the money I'm paid in cash.

    What are the best options for this?
     
  2. safcftm91

    safcftm91 Full Back

    You looked at Starling bank or Monzo
     
  3. These
    Or revolut
     
  4. Ashley In!!

    Ashley In!! Striker

    revolut you could only withdraw 200 a month without charges - will have a look at the others cheers
     
  5. Gibraltar Mackem

    Gibraltar Mackem Goalkeeper

    Do not use Revolut. If you'll take one bit of advice from this board, make sure it's this.
     
  6. jackynutmeg

    jackynutmeg Winger

    Starling is an excellent bank.
    All app based
    No charges at all although the foreign atm''s may charge.
     
  7. Lexingtongue

    Lexingtongue Striker

    It's a pain in the arse. I was being paid in dollars and the rigamarole of setting one up and the backwards rules attached to the account were ridiculous.
     
    ouro likes this.
  8. ouro

    ouro Striker

    I have tried a multitude of different options over the years and just gave up in the end. Shit exchange rates, overseas charges... fuck it. Can't be bothered. Just giz some cash.
     
  9. Ashley In!!

    Ashley In!! Striker

    Starling said you couldn't withdraw euro cash from the euro account at ATMs, only from your gbp account
     
  10. jackynutmeg

    jackynutmeg Winger

    Ahh..didn't know that.
     
    Ashley In!! likes this.
  11. zwartekat

    zwartekat Striker

    Why? The other week this was the greatest thing since sliced bread.
     
  12. Gibraltar Mackem

    Gibraltar Mackem Goalkeeper

    According to who?

    They're nothing but a bunch of crooks.

    £650 missing for 4 weeks, double charges this week, money not transferring just to get the ball rolling.
     
  13. How do foreign nationals get paid over here?
     
  14. They won’t after brexit
     
  15. Ashley In!!

    Ashley In!! Striker

    Anyone tried n26?
     
  16. Lexingtongue

    Lexingtongue Striker

    I got cash in the end. That's been just as problematic because, well, if you can't put it into an account, what do you do with it? :lol: Been a nightmare.

    That's the thing, can't deposit a foreign currency before changing it to GBP, goes in as a foreign currency and then you can only withdraw as GBP! Absolutely stupid.
     
    Last edited: Jul 12, 2019
    Ashley In!! likes this.
  17. zwartekat

    zwartekat Striker

    Travel Cards for going in holiday
     
  18. Lambchops

    Lambchops Striker

    Just speak to your bank about opening a euro account and tag it onto your existing account if your only going to there a couple of month.

    Or if you have a contract from the country you'll be working in just open an account when you are there
     
  19. Bank of Cyprus London is covered by all UK protection etc
    I used to have Euro and a Sterling account with them
     
  20. The op only needs it for a bit and the way this shower of shite are carrying on the op will be back on home soil by then.
    I stand by my original question, how do other foreign nationals manage here?
     
    Ashley In!! likes this.

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