Lloyds Sterling/Euro International Account

moritorium

Registered User
Messages
20
Does anyone have experience of Sterling/Euro accounts, or similar?

It seems to be a pretty good deal if your income and expenditure are split across jurisdictions (ie, euro/sterling).

For £7 pcm you get a sterling current account with debit card and cheque book. You can add euro (or USD) facilities with respective debit cards at no additional cost. You need to stick in £100 to open it and £1,500 within 6 weeks -- with no min balance requirement thereafter. Service charges are waived for first 3 months.

Any opinions?
 
What is the deposit guarantee position with this one? Investigated offshore accounts in the past and they don't seem to fall under any juristiction guarantee-wise.
 
it really depends on what your purpose would be for the account. Exchange rates conversion is normally poor where banks offer muti currency accounts