With the current economic forecast it looks like the £ will further lose more value against the Euro. I plan to travel in August. All my savings currently £3000 are in pound (in a term saver 6.50%) but I want to transfer this to another account into Euro's ideally into a term saver senario. Continuely saving £ then coverting and putting this into my Euro term saver. Once I get to August I'll then transfer my Euro saver account to a regular spending account, to avoid withdrawl fees.

What is the best way to do this? Where or which bank do I look at?

Thanks,Mel

hi mel. why have a euro account! we have a nationwide flex account and online e-saver ,we live mostly in france .we use our debit card at cash points with no charges,

hope this helps rob

Personally I would avoid the risk of using small "offshore" banks.

Nationwide offer euro accounts but you'll probably do better setting up the account while in a Euro country by calling into a branch. How well you can search for the best deal will depend on your language ability but remember that if someone is offering a much higher rate than everywhere else it could be because they are in a greater need of money.

My feeling is that you should stick to the larger national banks because of the extra protection/security. If you, for example, invest with Nationwide Building Society you'll be covered by the Bank of England guarantees but if you invest with Nationwide International the account will be governed by Isle of Man rules and the banking guarantees are less than for UK banks.