Why open an euro account

There are times when having an international bank account that deals in euros is a good idea. Many Britons either live or work abroad or travel overseas very frequently - which means a euro bank account can be helpful when it comes to accessing and managing your finances.

Euro bank accounts make the business of receiving and making payments significantly easier by doing away with the issues associated with exchange rates, language barriers and conversion fees. At Lloyds TSB, you can reap the benefits of a euro account with their Premier International Account, which offer a range of ways for you to access your money - as well as a host of extras - along with a great introductory interest rate.

What are the benefits of a euro bank account?

There are many reasons why opening a euro account makes sense if you spend significant amounts of time in the euro zone. By opening an account that deals in the currency of the destination you spend time in, you can save money by avoiding the uncertainty associated with foreign exchange rates and currency fluctuation.

You can also save on withdrawal fees when you take cash out of an ATM as you'll have a Visa debit card for your euro account. And you won't have to keep trying to convert amounts from euro to sterling and vice versa in your head whenever you need to pay for something with your card.

Furthermore, by having a euro bank account you won't need to undertake complex number-crunching to keep your UK and European finances separate. And if you regularly visit different countries within the euro zone, you'll have the advantage of being able to deal in a single currency in every place you travel to.

The euro is legal currency in these countries: Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain. Finally, you won't have to tackle the language barriers that usually make euro currency transactions even more complicated if you are not familiar with the language of the country you are staying in, as all information relating to your euro bank account will be provided to you in English.

Why open a euro account with Lloyds TSB International?

With Lloyds TSB International's Premier International Account, you will benefit from a host of extras designed to help you make the most of your euro bank account. You can enjoy a great introductory interest rate for a limited period, as well as receive free worldwide travel insurance for you and your family and help is always on hand with our 24/7 concierge service.

And if you keep at least 2,500 euros in your account each month, you won't have to pay any monthly fees. One key benefit of an international account with a well established bank such as Lloyds TSB is the ability to manage your euro account online via internet banking service, as well as by phone – 24 hours a day, 7 days a week.

If you hold more than £100,000 at Lloyds TSB International, you will also be able to take advantage of discounts on things like Priority Pass airport lounge access membership and international mortgage service arrangement fees.

So if you require a euro account that will give you the flexibility and benefits you need while you work, live or travel abroad, Lloyds TSB International's Premier International Account might offer the solution you need. To find out more, visit Lloyds TSB International.