Cheers - yes I do have one! It’s just one gets the interest calculated over a 15 day minimum balance cycle - your suggestion might be handy for one’s day to day amounts like rent etc.
Bristolpete, where about in Bristol you from?
I am PortisheadPete
Try Lloyds International
Why would you want to? You can do the same with the French app, Sterling account, exchange, free transfers to British and French accounts. Plus, I’m not sure if the British version is covered by the European Bank Deposit Scheme.
Hi Peter. I’m in Brentry, but moving to near Chard in a month or so.
I have Tandem too! That tracker sounds good. I had a Halifax tracker mortgage in the noughties and they’d forgotten to specify a minimum interest rate, so that was special!
How about Santander, which is actually a Spanish bank?
@NickTarn ,
Hi which bank has done that and i wonder why now as most banks and similar made their move to do this more than a year ago when passporting stopped for uk based organisations ?
Hi we currently have a One Account which started as the Virgin One Account and was an offset mortgage.
It then became RBS and we stopped using the offset mortgage facility when we finally sold up in the UK. Maybe they are closing our account because we do not use the offset mortgage.
I think we have finally found the bank to go to Monese does anyone have any experience with them?
Is that the same as Lloyds? If so I had a definite ‘no’ from them even though I still have one of their credit cards which I took out at least 30 years ago.
Not really the same even if they’re connected. Lloyds International are based in Jersey and Isle of Man and you can have accounts in GBP, EUR or USD. Ideal for French citizens who have GBP and don’t want to convert to EUR.
Might investigate that just for backup if my English bank ever tells me they’re shutting the account.
If you’re a French resident and have GBP that you don’t want to convert, it could be interesting to have the Lloyds international account as well as your existing UK account. And yes of course, if one day you have to close your UK account, you’ll be ok.
We have used Revolut since Barclays closed our accounts. Works very well and you can have accounts in euros and sterling!
The simplest way is to have a UK address (trusted friend, family member etc) so that things like pensions can be paid into your UK account ( and converted to euros as and when you deem the exchange rate is favourable.) The hastle of rearranging standing orders etc was too daunting,not to mention things like organising a French paypal account / credit card when your language abilities are weak
Hi John it might be the simplest way but I do not want to lie that I am a UK resident and to open a Uk Bank Account to our daughters address will need us to lie about our residence.
Regards
Nick
It does feel like your own OP kinda answered your question then we’ve spent 55 comments talking around the point (as interesting as it was!). If you don’t want to lie your only potential option may be HSBC, or just go the Revolut route as you said. If you open it from France you should be part of Revolut Bank so would be covered by the (Lithuanian) deposit protection scheme, and can open a GBP account to get direct debits etc. Lloyds international may work but I seemed to recall when I looked the deposit requirements and charges were not exactly nominal.
Wise Bank. is a multi country bank and includes UK and EU accounts. Been using it many years now. It is the fastest and best exchange rate around.
When in England the other day tried to change an old £10 note. Told by someone who googled for me that any post office or bank will do it.
Post office said ‘no, go to HSBC’
HSBC said ‘no, go to Halifax’
Halifax said ‘no, go to Nationwide’
Nationwide said ‘no, open an account’. Then said ‘no’, when told where I live.
Finally to my ex-wife who was arranging a meeting with all the step-children we share. She has a Halifax account and said ‘yes, I’ll swap your tenner’. Success at Bank of Pat
Only thing is I didn’t need to spend it, and I have sworn never to go to that country again.