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UK - How to receive payments in euros
See my comment below about the official exchange rate. There is no "official" exchange rate to apply as far as I'm aware.   However the bank is already applying the same exchange rate you can   find in the forex markets. They are simply applying a spread (meaning   they will add some amount to the exchange rate whichever way you are   exchanging currency). You will almost certainly not find a bank that   doesn't apply a spread. Of course, their spread might be large, so   that's why it is good to compare rates. By the way, 5 GBP/month seems   reasonable for a foreign currency (or any) acct. The transaction fees   might be cheaper in a different "package" so check. You should consider trying PayPal. Their spread is quite small - and publicly disclosed - and their per-transaction fees are very low. Of course, this is not a bank account. But you can easily connect it to your bank account and transfer the money between accounts quickly. They also offer free foreign currency accounts that you can basically open and close in a click. Transfers are instantaneous. I am based in Germany but I haven't had a problem with clients from various English-speaking countries using PayPal. They actually seem to prefer it in many instances.