Originally posted by WTFH
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Business Savings Accounts - BFC Bank?
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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.Comment
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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
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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.Comment
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Natwest
Originally posted by GhostofTarbera View PostAny 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
ThanksComment
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Originally posted by TechRiskPartners View PostApplied for Natwest online, how do I make sure the currencies are included too?
Thanks'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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