Polish Deposit Account to protect against Euro breakup

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uli84

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Apologies if it has been explained somewhere above (unfortunately don't have time to go through all the advice). I have the option of opening EURO account in a POLISH bank-any idea how this will work? Is there any point in doing that-will it protect my savings in any way against a euro breakup?
Thanks in advance
 
Most likely, if you deposit is outside the Eurozone, in the event of breakup, you would be given the option of converting to a new currency of your choice. Probably.
 
Opening a bank account in Poland is very easy. Some banks will even do that online (they will send you contract in post). Once they receive your contract every change, order or even opening another account with the same bank can be done over the phone.

Most banks will require you to sign it in their branch though. The amount of banks in Poland is huge. Those are only major ones: en.wikipedia.org/wiki/List_of_banks_in_Poland . Add hundreds local ones to the list.

One thing that you should keep in mind while checking their offers is that some of them don't have their online transactions system available in English.
 
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