Business Savings Accounts - BFC Bank? Business Savings Accounts - BFC Bank? - Page 2
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  1. #11

    Nervous Newbie


    Join Date
    Mar 2019
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    1

    Default

    Quote Originally Posted by WTFH View Post
    EZREMIT and BFC Exchange.
    Yea looks like they have been around quite a while in the FX space. They are guaranteed by FCA so 85k would be safe enough..

  2. #12

    Still gathering requirements...


    Join Date
    Apr 2019
    Posts
    60

    Default Which Bank Account Please?

    Hi

    A Newbie here, Risks/Controls Specialist (globally known) and have clients from UK, NL and UAE as of now.

    So looking for a business account which can accept multi-currency (GBP, Euro and UAE Dirhams for the time being). I will also be paying some off-shore Firm in India in INR too. So looking a current account to start with, personally bank with Natwest. Accountant mentions Natwest too, but trying to pick your brains too.

    Also a recommendation for a business credit card which gives decent rewards as I travel a lot for work (1 day per week to Amsterdam definitely and 1-2 days trip to UAE in BA business class monthly) so my monthly expenses I am projecting more than £4-5K at least.

    Thanks in advance, again apologies for silly questions.

  3. #13

    Fingers like lightning

    GhostofTarbera's Avatar
    Join Date
    May 2018
    Posts
    925

    Default

    Any Bank account will accept payments in any currency - it will just get converted into GDP if you don’t have that currency account set up


    Sent from my iPhone using Contractor UK Forum

  4. #14

    Should post faster


    Join Date
    Jan 2016
    Posts
    136

    Default

    Transferwise won't work as your main bank account - they're not covered by FSCS and they don't offer many traditional banking services - but they work great for transferring money between a bunch of different currencies. Their borderless account will allow you to hold and spend funds in GBP, EUR, USD and a few others, and they will offer cheap transfer between loads of other currencies too.

    Bye bye bank fees, hello world. - TransferWise

    No connection other than being a happy customer.

  5. #15

    Still gathering requirements...


    Join Date
    Apr 2019
    Posts
    60

    Default Natwest

    Quote Originally Posted by GhostofTarbera View Post
    Any Bank account will accept payments in any currency - it will just get converted into GDP if you don’t have that currency account set up


    Sent from my iPhone using Contractor UK Forum
    Applied for Natwest online, how do I make sure the currencies are included too?

    Thanks

  6. #16

    My post count is Majestic

    northernladuk's Avatar
    Join Date
    Mar 2009
    Posts
    40,799

    Default

    Quote Originally Posted by TechRiskPartners View Post
    Applied for Natwest online, how do I make sure the currencies are included too?

    Thanks
    Tick the Currencies are included box.
    'CUK forum personality of 2011 - Winner - Yes really!!!!

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