Key Post Options for opening a bank account outside the Republic

G

Godfather

Registered User
Messages
602
These are the main options for Irish citizens. If you are a citizen of another country, e.g. Italy, but resident in Ireland, it might be easier for you to open an account in that country than it would be for an Irish citizen.

The information in this post has been taken from various reports on Askaboutmoney. Before taking any action based on this information, verify all the details for yourself. Please also report back your experiences here.

Euro accounts

Key Post: Keytrade bank in Belgium:

Keytrade Luxembourg

Britline in France:

DKB Cash (1.65% on credit card positive balances) --> http://www.dkb.de/privatkunden/dkb_cash/index.html

Cortal consors Tagesgeld (2.1% during 1st year) ---> [broken link removed]
Cortal Consors: a trip to any GERMAN post office will also suffice to have your ID "legitimized" (Postident Verfahren). You need to bing your Passport and a copy of the passport also needs to be put into the envelope.


[broken link removed]:

Excellent article on opening an account in France

[broken link removed] in Germany – you must visit in person
They have a new instant access a/c "Tagesgeld Konto" @ 2.1% for 1st year, also USD GBP & CHF foreign currency a/c's (0%). They're also in Bayern (Nuernburg) should you decide on a personal visit, but a trip to any Post office will also suffice to have your ID "legitimized" (Post ident Verfahren).


Northern Ireland and UK

Opening a sterling account in Northern Ireland

[broken link removed]
barclays bank in france - Barclays Premier Life - 5% 3 month, 1.8% after. no deductions

Barclays do a EUR online account for nonresidents. Minimum STG10k. Low interest rates. Seems to be covered by the UK guarantee.

Other accounts outside the eurozone

MBank Poland
1.6% on current account and they are also outside eurozone


<--- International Lloyds TSB accounts around the globe in foreign currency

Switzerland

[broken link removed]


Keytrade bank in Switzerland


Miscellaneous links
Great link from burmo whom I thank:
http://www.euro-cheque.com/banks/banking.htm

[FONT=&quot]


[/FONT]
 
How easy would it be to access your off-shore deposit(s)? e.g. walk into any branch of Keytradebank (or CA in France) with an account number, proof of identity and withdraw deposit in cash.
Thinking of doomsday scenario where government freezes accounts and limits withdrawals
 

Sorry, I don't know. I'm just summarizing suggestions from previous threads into one...

Yorky said:
What advantage would there be in opening a euro account in Switzerland rather than in say France,Belgium or Germany?
Click to expand...

I've the same query. Because I'm planning my retirement in Italy I moved my savings there so that if something happens to Italy I'll follow everyone's destiny there... So my suggestion is to keep money where you feel more confident. So for example, if you go on holidays in Germany and you trust them, then go for Germany...

Yorky said:
This is a link to the contact page - is it a requirement to contact them in this way to open an account? Thanks in advance.
Click to expand...

Pls see this thread for infos on why I attached it here (just in case):
http://www.askaboutmoney.com/showthread.php?t=146503
 
Here are some notes I had myself on this subject which might help with the key post - I got most of these from posts on thepropertypin.com "eur wedge on the edge", but I dont have the names of the individual posters.

german Nurnberg Sparkasse guy on properypin opened one there in the flesh
keytrade
britline.com
commbankuk.co.ukà - hard currency?
no fees if more thatn 2500 euro
first trust in north - works using dublin address -was it euro?

[broken link removed]
They have a new instant access a/c "Tagesgeld Konto" @ 2.1% for 1st year, also USD GBP & CHF foreign currency a/c's (0%). They're also in Bayern (Nuernburg) should you decide on a personal visit, but a trip to any Post office will also suffice to have your ID "legitimized" (Post ident Verfahren).


http://www.mbank.pl/en/ 1.6% on current account and they are also outside eurozone

rabo dont allow international transfers!!

inside eu Dirt rates apply, outside eu your marginal tax rate

barclays bank in france - Barclays Premier Life - 5% 3 month, 1.8% after. no deducations


Barclays do a EUR online account for nonresidents. Minimum STG10k. Low interest rates. Seems to be covered by the UK guarantee.
[broken link removed]
 
Hi Godfather

I have reformatted your opening post for clarity.

I would make the following suggestions:

Don't try to cover every option - I have deleted the reference to the Italian citizen opening an account in Italy and the guy who wanted to open an account in Australia. They can cover this in separate posts as they will have very limited interest.

Highlight which accounts can be opened remotely and which require you to go there in person. I might open an account with Deutsche Bank remotely, but I don't think I would bother making a special trip. If I was visiting Germany for other purposes, I might open an account while I was there.

Say a few short words about the pros and cons of each option. For example.

http://www.euro-cheque.com/banks/banking.htm What is this about?


I have opened a second blank post for you after the first post. This might be useful if the first post is geting too long or to deal with some other issue e.g.
List of links to "minority interests" e.g our Italian and Austrlian friends.

Can you write something,( maybe in the second post?), about how to transfer money from a euro account in Ireland to an account abroad.

And, well done, again.

Brendan
 
Brendan Burgess said:
Don't try to cover every option - I have deleted the reference to the Italian citizen opening an account in Italy and the guy who wanted to open an account in Australia. They can cover this in separate posts as they will have very limited interest.
Click to expand...

There is a misunderstanding Brendan, it is possible for irish people to open the accounts in Italy with Unicredit and Intesa San Paolo. But it's up to the branch to decide according to their level of English!

Brendan Burgess said:
http://www.euro-cheque.com/banks/banking.htm What is this about?
Click to expand...

"Your 1st Euro Account" section looks interesting. I'm not sure where I got it from sorry!
 
Godfather said:
Added cortal consors and DKB.de
Click to expand...

You might want to amend the [broken link removed] entry to read

but a trip to any GERMAN post office will also suffice to have your ID "legitimized" (Postident Verfahren). You need to bing your Passport and a copy of the passport also needs to be put into the envelope.

The Postident only works with German postoffices not irish ones.
 
You must log in or register to reply here.
Menu
Log in
Register