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Old 10-14-2016, 05:16 AM  
NatalieK
Natalie K
 
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Join Date: Apr 2010
Location: Spain
Posts: 19,148
Quote:
Originally Posted by Vendot View Post
Disagree. Go get a USD account in a decent bank, you can pull local currency out of the ATM and more of it as the pound falls or even withdraw it from the bank itself if you need to. The euro isn't a currency that's going to remain strong. Personally, I expect it will fall a great deal more than the UK pound in time to come.



Ditch it, UK banks are basically in terrible shape and mismanaged, even though they were bailed out. Go with one of these:

https://www.gfmag.com/media/press-re...est-banks-2015



Spanish banks like Santander are not in much better shape... also dont panic yourselves into doing something, but Goldman Sachs expects the pound to fall by a cumulative 25% approx by year end:

Goldman Warns "Much More Downside" To Come For Pound Sterling | Zero Hedge

It could take the Pound to parity with the USD.
I'm with Sabadell & Natwest, both a good banks & great customer service, for me, I wouldn't change anything atm
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