Can anyone advise?
Someone I know was working abroad for a month and has been paid in Euros.
His pay is held in a sort of "holding platform". Presumably done this way so the company, who were paying a lot of freelance invoices all at once, didn't have to set up one time transfers to hundreds of individual bank accounts.
So, he can transfer the Euros out of that holding platform into his bank account but it has to be converted to sterling first - and that is going to cost him £170!!
Does anyone know what I'm talking about and does anyone know an alternative way to do this so as not to lose so much money?
Tia.