- 1). Find a bank that offers euro-denominated accounts. Any bank in Europe will do so. If you're planning on visiting a certain country for a vacation or moving there to work, you may want to open an account with a bank located there. Otherwise, you will get the most benefit from opening an account with an international bank like HSBC, Citibank, Lloyd's TSB, Everbank or Nationwide International. Each of these banks allows you to open euro-denominated accounts.
- 2). Begin the account opening process by using an online form or by contacting the customer service department of the bank you would like to use. In most cases, the three chief requirements for opening an account will be a scanned copy of your passport, the minimum balance required and a valid account from which to transfer the funds. Euro-denominated accounts in non-European countries, such as those in the Caribbean or South America, may have additional requirements depending on the country, the bank and the nature of the account being opened.
- 3). Fill out all the forms and provide your identification to the bank when requested. If you're using U.S. dollars to open the account, you will need to pay a currency conversion fee. If you're transferring euros from some other source, such as a paycheck or from a brokerage foreign exchange account, you will not have to pay this conversion fee. In some cases, you will be subject to an international wire transfer fee.
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