How should my UK clients pay my French business?
teacher
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Most of my clients for my business registered in France will live in the UK. It is easier and cheaper if they pay money into a UK bank account which I could then transfer in a lump sum for 8 British Pounds to the French bank account which I am in the process of setting up.
- Is there a problem with doing this?
- Is there another alternative?
If clients pay money direct to my French account it will involve them in a minimum charge of 8 British Pounds per transaction which I would have to pay by deducting it from their bill. Probably an annual cost of 1,200 British Pounds which I would like to avoid if possible.