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House Price Crash forum > Investment > Cash ISA's and Savings Accounts
delboypass
i got pounds....

how do i get Euro accounts to stop the rot....??

help please !!!!
barrabus
QUOTE (delboypass @ Dec 21 2007, 09:07 PM) *
i got pounds....

how do i get Euro accounts to stop the rot....??

help please !!!!

IF YOU HAVE A UK HALIFAX ACOUNT , YOU CAN OPEN A HALIFAX ESPANIA ACCOUNT WITH ABOUT 500 EURO ,ALL THE STAFF ARE ENGLISH SPEAKING THEN YOU CAN TRANSFER BETWEEN THE ACCOUNTS wink.gif FREE OF CHARGE AND GET A COMPETITIVE EXGHANGE RATE
OlegD
QUOTE (barrabus @ Dec 22 2007, 08:03 PM) *
IF YOU HAVE A UK HALIFAX ACOUNT , YOU CAN OPEN A HALIFAX ESPANIA ACCOUNT WITH ABOUT 500 EURO ,ALL THE STAFF ARE ENGLISH SPEAKING THEN YOU CAN TRANSFER BETWEEN THE ACCOUNTS wink.gif FREE OF CHARGE AND GET A COMPETITIVE EXGHANGE RATE


What is the exchange rate between Halifax and Halifax Hispania? If it's the Interbank rate then it sounds like a pretty good way of doing it... Otherwise there's always the Nationwide FlexAccount, but you'd need to withdraw that at an ATM in Spain.

Anyone know of any decent ways to transfer a small amount (£3k or so) into a Euro account at the Interbank rate without incurring any additional charges? I have easy access to Spain if that helps.
prophet-profit
QUOTE (delboypass @ Dec 21 2007, 09:07 PM) *
i got pounds....

how do i get Euro accounts to stop the rot....??

help please !!!!


I use currencies direct to get best price http://www.currenciesdirect.com/uk/ and transfer funds to my euro nationwide IOM account http://www.nationwideinternational.com/
red
QUOTE (prophet-profit @ Feb 5 2008, 12:35 AM) *
I use currencies direct to get best price http://www.currenciesdirect.com/uk/ and transfer funds to my euro nationwide IOM account http://www.nationwideinternational.com/


Better still, get a FORWARD CONTRACT for Euros so you don't lose out on the extra interest you'll earn in Sterling.
Fix at a good price now (if you believe Euros will outperform Sterling for the next 6 months/12 months) and you only have to hand over a deposit, usually 10%.

Most good Forex companies will do this.
red
QUOTE (prophet-profit @ Feb 5 2008, 12:35 AM) *
I use currencies direct to get best price http://www.currenciesdirect.com/uk/ and transfer funds to my euro nationwide IOM account http://www.nationwideinternational.com/


Better still, get a FORWARD CONTRACT for Euros so you don't lose out on the extra interest you'll earn in Sterling.
Fix at a good price now (if you believe Euros will outperform Sterling for the next 6 months/12 months) and you only have to hand over a deposit, usually 10%.

Most good Forex companies will do this.

Make sure you have Euro account set up before, though. NatWide is good, although it's based on Isle of Man and isn't covered by the 30 grand government safety net...
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