How to open a USD or Euro foreign currency account in the UK
Foreign Currency Accounts
The requirements for a currency account are usually pretty similar.
Most banks require applicants to be at least 18 years old and resident in the UK. They can have the account in either sole or joint names. All customers must already hold a sterling current account with the bank.
Banks may charge a monthly fee for their foreign currency account.
The most popular accounts are Pound Sterling and Euro.
- HSBC Holdings
- Lloyds Banking Group
- Santander UK
Other banks that are becoming more active in the UK are: