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Euro Cheques - Best way to deposit them ?

What are the best accounts for foreign currencies
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Euro Cheques - Best way to deposit them ?

Postby leela on Sat Nov 27, 2004 8:20 pm

Hi ,

Ive just been paid a euro cheque for 600 euros, whats the best way to deposit it ? Straight into my current account ? Or should I open a euros account ?

Thanks in advance

leela
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Postby fireboy on Sat Dec 04, 2004 7:02 pm

Are they drawn on a UK or foreign bank ?

If its foreign then you need to refer them to the foreign currency services department of your bank.
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Re: Euro Cheques - Best way to deposit them ?

Postby robbiefoster2012 on Tue Dec 08, 2009 5:15 pm

Why do you want to open an euro account? It doesn't make sense doing that. Even if you open a Euro's account, when you try to withdraw, you will end up paying the processing fee. So better put it in your direct account.
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