Is it possible to convert dollars to a pound account? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

Is it possible to convert dollars to a pound account?

Asked by Banky team 2 months ago
Banky team Reviewed editorial answer

In many cases, an account may receive a transfer in a different currency, which the bank will then convert, but this isn't a rule for every account.

Key points

  • Before sending, ask the recipient's bank if they accept the currency and what the conversion rate and fees will be.

  • If you're receiving frequent transfers, an account in the same currency might be clearer.

The figures, fees and limits in this answer vary by bank and change over time — confirm them with your bank or the official source before acting.

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