Best Foreign Currency Accounts UK

A foreign currency account in The United Kingdom is a multi-foreign currency transactional account that is denominated in a currency other than the British GBP currency. None of the British deposit insurance programs offer protection for deposits stored in foreign currencies in the UK. You can begin the process of opening foreign currency accounts once you are physically present somewhere other than the United Kingdom. Alternatively, if that is how the institution handles new account openings, you can quickly open a foreign currency account in the United Kingdom online. Your needs should be met by a foreign exchange account in the UK that lets you keep funds from your native country.

Originally published at https://moneyaccounts.com.