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Best UK bank account for non UK withdrawals?

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Hi all, Our son has just told us he's going abroad for the summer, working in bars etc. He will be keeping his money in his account here but will need to make regular withdrawals. Any idea what's t… Read More
xxhellyxx Avatar
7y, 2m agoPosted 7 years, 2 months ago
Hi all,
Our son has just told us he's going abroad for the summer, working in bars etc.
He will be keeping his money in his account here but will need to make regular withdrawals.
Any idea what's the best bank account to use for this? Free withdrawals abroad?
Thanks, Helen
xxhellyxx Avatar
7y, 2m agoPosted 7 years, 2 months ago
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banned 1 Like #2
I have a nationwide current account just for this purpose. but i think they changed the number of countries they do this for
#3


Yay!
Perfect, just what I need, thank you x
#4
bykergrove
I have a nationwide current account just for this purpose. but i think they changed the number of countries they do this for


I mentioned Nationwide and was told they don't have free withdrawals anymore.

If they do that would be just fine. I'll know more when I read up on that Link.

Thanks !
banned#5
Nationwide, saved me a lot of fees during my gap year over the past year
#6
If he's going to be in Europe, it'd probably be a good idea to set up an account in Euros, say in Spain, that he can easily withdraw money from without any penalties and if he's doing bar work can have his wages put straight into.
#7
santander do free worldwide withdrawals
#8
Thanks all for your help, it's appreciated.

Just reading about Nationwide and Santander, these look favourite so far.
#9
nationwide current account is what i used when i was in america for 6 months, though the exchange rate is slightly lower than others (if you're making large withdrawals you may be better off just paying the fee)

Also using a credit card you get really good exchange rates, so that's worth considering also

(List of countries nationwide do free withdrawals to is here http://www.nationwide.co.uk/current_account/foreigntransactions.htm )
#10
I use a prepaid card here.
#11
xxhellyxx
I mentioned Nationwide and was told they don't have free withdrawals anymore.


I have a Nationwide Flex account for overseas withdrawals.

Charging has crept in over the years but more due to the cash machine providors, so say $1.50 - $3 per transaction. You still get the bank exchange rate though, so better than the tourist rates.

http://www.nationwide.co.uk/current_account/account_benefits.htm
banned#12
NW flexaccount

fee free. Just ensure he makes withdrawals specifying EUROS so that the issuing ATM bank doesnt do the conversion to sterling at a much lower rate than NW will
#13
faevilangel
santander do free worldwide withdrawals
no they dont! robbing gits charge for withdrawls & using your card. Worst bank I have ever been with & will be changing my account when I,m back in the UK. Myadvise is steer clear of this cheating bunch.

Gooner63

Edited By: MikeT on Dec 24, 2012 09:27: swearfilter

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