Bank accounts and depositing cash
Habaka
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We have some sterling savings in cash (documented, legal source) and would like to deposit them into a French account which we intend to open when we arrive in France. What would you advice? To open Euro offshore account while in the UK and then transferring the money to the French account? To take Sterlings to France and then making a deposit into a French account? Any other suggestions?
The reason I am asking is that the conversion and different fees along the way are quite complicated to compare so any cost-effective way coming from your own experiences will be much welcome.