Hi Folks
I run a small business, and since we have a few customers in continental Europe, I thought it might be a good wheeze to open an account in euros to make it easier for them to pay me.
You would have thought this would be a fairly common sort of thing to do these days. But I tried phoning my bank this morning (NatWest), and spoke to
5 different people, none of whom seemed to know how such things work in practice. No-one could tell me what the charges are for having such an account. They've promised to get back to me.Does anyone have any experience of such things? At the moment, either I or my customers, or usually both, get completely screwed with bank charges any time anyone in euroland tries to pay money into my sterling account. Would having an account in euros help matters?
And does anyone else find it disturbing that NatWest should find it such a difficult request to deal with?
Best wishes
Adam