Hi Folks, Our life savings (€26k) are currently in Northern Rock. with all this uncertainty we were thinking of closing the account and changing it to sterling or dollars and buying a stell box and keeping it at home.
Could anyone advise on what would be thw best way to do this.
ask NR for a cheque and we physicaly cash it and then do foriegn excahnge in bank
have NR transfer funds to our irish bank current account and do transfer to foriegn excahnge there
Will an irish bank give you that much foriegn exchange in cash
Is an irish bank the best palce to do this
should we just open an off shore account and transfer funds to this in a foreign currency.
have considered it but don't know how to go about doing that.
have been going through threads on this board and am somewhat confused.
ideally I suppose I would feel safer with my money out of the euro banks, But unsure of what uk banks I could trust. I looked at Barclays wealth site earlier
would anyone have any other suggested Uk banks.
would I have to physically go to bank to open account and lodge the money or is it possible advisable to do it on line.