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Foreign Currency Accounts

If you regularly pay or receive foreign currencies, a foreign currency account can be an efficient way of managing your international trade activities.

Our foreign currency accounts provide flexibility to help you maximise international trade opportunities. We know you need to be able to hold foreign currency balances, receive and make international payments in numerous currencies to meet your global trading requirements.

Why open a foreign currency account?

  • Choose from a wide range of foreign currencies
  • Simplify the payment and receipt of foreign currencies
  • Helps to manage exposure to exchange rate movements
  • Minimises foreign exchange costs
  • Transfer money from a Sterling business account to the foreign currency account
  • Chequebook available in most major currencies
  • Overdraft facilities in most major currencies (subject to our normal lending criteria)
  • Simple application process and no minimum balance
Euro Currency Account
Maintenance fee
£24 per year (fee taken in two instalments of £12 charged either in March/September or April/October)1
Foreign Currency Account
Maintenance fee
£60 per year (fee taken in two instalments of £30 charged either in March/September or April/October)1

1. The application of the Account Maintenance Fee will depend on the currency of the account being debited. If the fee is being debited from a related GBP sterling account it will be charged in March and September. If the fee is being debited from the Foreign Currency Account it will be charged in April and October.

CHANGES IN THE EXCHANGE RATE MAY INCREASE THE STERLING EQUIVALENT OF YOUR DEBT. All enquiries for Foreign Currency Accounts will be referred to a specialist manager who will provide more information about charges for these services upon request.

Apply for a foreign currency accountPhone icon

On the phone

0345 072 5555

We are available Monday to Friday, 7:00am – 8:00pm; Saturday, 9.00am – 2.00pm, excluding UK Public Holidays.