- Andrew set up an offshore account in US dollars before he left the UK - which meant one less thing to worry about when he arrived in New York.
- His salary is paid straight into this account and he uses his US dollar currency card for day to day expenses.
- 'I work fairly long hours, so being able to manage my account online means I don't have to worry about getting to the bank - and if I need to speak to someone I can ring the Direct Banking Centre, which is always open'.
- Andrew still has bills to pay back in the UK. He was able to set up the payments from his sterling offshore account over the phone.
When he needs to, he can move money between his two accounts online at reduced rates.
How we helped Andrew
Andrew's details: Age: 27. Occupation: Lawyer with an international firm. Situation: Recently moved to his firm's New York Office to work for 6 months. He still pays rent on a flat in London.
Sunday, October 09 - 2005 at 15:26
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