Good Banks/Bad Banks - Page 2

Go Back   Expat Forum For People Moving Overseas And Living Abroad > Europe > France Expat Forum for Expats Living in France

France Expat Forum for Expats Living in France Welcome to the France Expat forum. This is the place to meet like minded people who have made France their new home. This forum is ideal for those who have moved to France and those thinking about making France their new home.

Like Tree2Likes

Good Banks/Bad Banks - Page 2


Reply
 
Thread Tools
  #11 (permalink)  
Old 27th August 2011, 02:11 PM
rynd2it's Avatar
Member
 
Join Date: Feb 2010
Location: Three Crosses, Swansea
Posts: 2,932
Rep Power: 755
rynd2it has a reputation beyond reputerynd2it has a reputation beyond reputerynd2it has a reputation beyond reputerynd2it has a reputation beyond reputerynd2it has a reputation beyond reputerynd2it has a reputation beyond reputerynd2it has a reputation beyond reputerynd2it has a reputation beyond reputerynd2it has a reputation beyond reputerynd2it has a reputation beyond reputerynd2it has a reputation beyond repute
375 likes received
221 likes given

Users Flag! Originally from england. Users Flag! Expat in wales.
Default

Quote:
Originally Posted by kirikara View Post
Société génerale is out dated, is terrible at replying my emails, the branch people are not nice, they recently stopped offering cash withdrawal at the counter (you only have an ATM now), their prices are more expensive, and i recently read that their life insurance product is one of the suckiest.
Amazing isn't it? Soc Gen in Vannes has been terrific for us and all the staff are really friendly and helpful. Ah well, localization seems to be the key.

Cheers

__________________
David
follow the blog here: http://ca2brittany.wordpress.com/
Reply With Quote
  #12 (permalink)  
Old 27th August 2011, 02:33 PM
Bevdeforges's Avatar
Super Moderator
 
Join Date: Nov 2007
Location: deepest, darkest Essonne
Posts: 26,519
Rep Power: 20
Bevdeforges has a reputation beyond reputeBevdeforges has a reputation beyond reputeBevdeforges has a reputation beyond reputeBevdeforges has a reputation beyond reputeBevdeforges has a reputation beyond reputeBevdeforges has a reputation beyond reputeBevdeforges has a reputation beyond reputeBevdeforges has a reputation beyond reputeBevdeforges has a reputation beyond reputeBevdeforges has a reputation beyond reputeBevdeforges has a reputation beyond repute
3054 likes received
161 likes given

Users Flag! Originally from usa. Users Flag! Expat in france.
Default

Quote:
Originally Posted by rynd2it View Post
Amazing isn't it? Soc Gen in Vannes has been terrific for us and all the staff are really friendly and helpful. Ah well, localization seems to be the key.

Cheers
At least there is no longer the 20 or 25€ charge to close your account. I got mad at the local Credit Lyonnais office and had to pay to close my account and go elsewhere.

Nowadays, you can simply take your business elsewhere (not that the banks care).
Cheers,
Bev

Reply With Quote
  #13 (permalink)  
Old 28th August 2011, 04:57 PM
Member
 
Join Date: Feb 2011
Location: Clermont L'Herault, France
Posts: 84
Rep Power: 0
andy_in_america is on a distinguished road
5 likes received
5 likes given

Users Flag! Originally from usa. Users Flag! Expat in france.
Default

Any tips on exchanging Dollars to Euros? Should I wait until I am there and open an account and transfer funds or get a bank check before going to France? Or I can withdraw from an ATM.

Reply With Quote
  #14 (permalink)  
Old 28th August 2011, 05:27 PM
Bevdeforges's Avatar
Super Moderator
 
Join Date: Nov 2007
Location: deepest, darkest Essonne
Posts: 26,519
Rep Power: 20
Bevdeforges has a reputation beyond reputeBevdeforges has a reputation beyond reputeBevdeforges has a reputation beyond reputeBevdeforges has a reputation beyond reputeBevdeforges has a reputation beyond reputeBevdeforges has a reputation beyond reputeBevdeforges has a reputation beyond reputeBevdeforges has a reputation beyond reputeBevdeforges has a reputation beyond reputeBevdeforges has a reputation beyond reputeBevdeforges has a reputation beyond repute
3054 likes received
161 likes given

Users Flag! Originally from usa. Users Flag! Expat in france.
Default

I wouldn't travel with a bank check. If it's for $10,000 or more, you have to declare it at the airport yada dee, yada da - let the banks handle the paperwork for you when it comes to transfering large sums.

I wouldn't close out my US accounts completely. It always helps to have a US bank and a US based credit card, even if you're only buying stuff over the Internet. (And VERY handy to have a US account when you're back home for visits!)

You can access some of your money from back home via the bank machines here - certainly while you get your bank accounts set up.
Cheers,
Bev

Reply With Quote
  #15 (permalink)  
Old 28th August 2011, 06:14 PM
rynd2it's Avatar
Member
 
Join Date: Feb 2010
Location: Three Crosses, Swansea
Posts: 2,932
Rep Power: 755
rynd2it has a reputation beyond reputerynd2it has a reputation beyond reputerynd2it has a reputation beyond reputerynd2it has a reputation beyond reputerynd2it has a reputation beyond reputerynd2it has a reputation beyond reputerynd2it has a reputation beyond reputerynd2it has a reputation beyond reputerynd2it has a reputation beyond reputerynd2it has a reputation beyond reputerynd2it has a reputation beyond repute
375 likes received
221 likes given

Users Flag! Originally from england. Users Flag! Expat in wales.
Default

Quote:
Originally Posted by andy_in_america View Post
Any tips on exchanging Dollars to Euros? Should I wait until I am there and open an account and transfer funds or get a bank check before going to France? Or I can withdraw from an ATM.
I use Everbank in the US, I have a checking account with a debit card and a Euro account. I can change dollars to Euros whenever I choose (or back if necessary) and wire transfer funds to my bank in France. They do not charge ANY fees and pay interest on credit balances. Highly recommended.

Cheers

__________________
David
follow the blog here: http://ca2brittany.wordpress.com/
Reply With Quote
  #16 (permalink)  
Old 30th January 2013, 05:28 PM
New Member
 
Join Date: Jan 2013
Location: france
Posts: 1
Rep Power: 0
mannewdan is on a distinguished road

Users Flag! Originally from croatia. Users Flag! Expat in france.
Default Bad Banks

If I had known to join these forums in the beginning, I could have saved over 600euros. That is what it cost me to bank with Societe Generale.

Obviously I would advise a good serious look around before joining any bank.

For those that do bank with Societe Generale, make sure you know what you are entitled to for the price you pay. Also, keep a sharp eye for the definite discrepancies that will be on your statement and follow them up as soon as you can by lettre recommandee AR (Avis Reception).


Last edited by mannewdan; 30th January 2013 at 05:31 PM.
Reply With Quote
  #17 (permalink)  
Old 30th January 2013, 05:34 PM
Member
 
Join Date: Jul 2012
Location: Grenoble
Posts: 169
Rep Power: 0
bluesaturn is on a distinguished road
2 likes received
46 likes given

Users Flag! Originally from germany. Users Flag! Expat in france.
Default

ING direct for free with monthly income of at least 750Euros, but only online banking.

Reply With Quote
  #18 (permalink)  
Old 30th January 2013, 07:15 PM
DejW's Avatar
Member
 
Join Date: Dec 2010
Location: France
Posts: 2,096
Rep Power: 309
DejW has a reputation beyond reputeDejW has a reputation beyond reputeDejW has a reputation beyond reputeDejW has a reputation beyond reputeDejW has a reputation beyond reputeDejW has a reputation beyond reputeDejW has a reputation beyond reputeDejW has a reputation beyond reputeDejW has a reputation beyond reputeDejW has a reputation beyond reputeDejW has a reputation beyond repute
728 likes received
642 likes given

Users Flag! Originally from england. Users Flag! Expat in france.
Default

Just to add to the comments on local and regional banks. The big names in retail banking seem to be a loose federation of regional banks that were once independent. A financial magazine did a comparison of banks for different types of retail customers. I noted that (for example) BNP in Normandie did very well for one type, but BNP did not figure in the prizes in, say, Brittany.

A few years ago I had some rather unpleasant arguments with CIC, the Normandie region offered me a loan to buy a house in a different region, and the CIC in that region refused to play ball.

So, go for local knowledge. I've found that bank managers (directeurs) often speak a little English and are keen to improve it. This may help!

DejW

Reply With Quote
  #19 (permalink)  
Old 30th January 2013, 07:17 PM
DejW's Avatar
Member
 
Join Date: Dec 2010
Location: France
Posts: 2,096
Rep Power: 309
DejW has a reputation beyond reputeDejW has a reputation beyond reputeDejW has a reputation beyond reputeDejW has a reputation beyond reputeDejW has a reputation beyond reputeDejW has a reputation beyond reputeDejW has a reputation beyond reputeDejW has a reputation beyond reputeDejW has a reputation beyond reputeDejW has a reputation beyond reputeDejW has a reputation beyond repute
728 likes received
642 likes given

Users Flag! Originally from england. Users Flag! Expat in france.
Default

PS

I had a share dealing account with Fortuneo - an internet only banking service. First class, nearly, but not quite up to First Direct standards. However, I've found bank managers a good source of advice on life in general in France, so you may prefer a bricks and mortar bank.

DejW

Reply With Quote
  #20 (permalink)  
Old 30th January 2013, 08:42 PM
Bevdeforges's Avatar
Super Moderator
 
Join Date: Nov 2007
Location: deepest, darkest Essonne
Posts: 26,519
Rep Power: 20
Bevdeforges has a reputation beyond reputeBevdeforges has a reputation beyond reputeBevdeforges has a reputation beyond reputeBevdeforges has a reputation beyond reputeBevdeforges has a reputation beyond reputeBevdeforges has a reputation beyond reputeBevdeforges has a reputation beyond reputeBevdeforges has a reputation beyond reputeBevdeforges has a reputation beyond reputeBevdeforges has a reputation beyond reputeBevdeforges has a reputation beyond repute
3054 likes received
161 likes given

Users Flag! Originally from usa. Users Flag! Expat in france.
Default

There was a bank survey that was released just recently (within the last week or so) evaluating the differences in the various bank charges. What they failed to take into account was the differing policies from one branch to another.

The bank where I have my accounts was named as one of the more expensive banks - yet for my purposes, I pay considerably less than what one of the "cheapest" banks had been charging me before I moved my account.

You really do have to evaluate carefully what the charges are, and what services you do and don't need. While the banks no longer charge you to close your account (like they used to do), they do charge for things like "customer error" though you can often argue your way out of the charges if you can show that it was actually the bank's error.
Cheers,
Bev

Reply With Quote
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Banks in Dubai who is good who is bad fozzy Dubai Expat Forum for Expats Living in Dubai 48 19th October 2012 11:29 AM
good free Euro Banks with a french debit card? tuone Britain Expat Forum for Expats Living in the UK 2 29th October 2011 12:50 PM
Banks MaidenScotland Spain Expat Forum for Expats Living in Spain 2 21st November 2010 12:45 PM
banks francisbl Cyprus Expat Forum for Expats Living in Cyprus 1 12th April 2009 06:32 PM
Any suggestions on good banks for expats? Young Professional Dubai Expat Forum for Expats Living in Dubai 7 17th July 2008 01:29 PM

LEGAL NOTICE
By using this Website, you agree to abide by our Terms and Conditions (the "Terms"). This notice does not replace our Terms, which you must read in full as they contain important information. You must not post any defamatory, unlawful or undesirable content, or any content copied from a third party, on the Website. You must not copy material from the Website except in accordance with the Terms. This Website gives users an opportunity to share information only and is not intended to contain any advice which you should rely upon. It does not replace the need to take professional or other advice. We have no liability to you or any other person in respect of any content on this Website.
FORUM PARTNERS

ExpatForum.com is owned and operated by VerticalScope Inc.

Retiring Overseas Guides | Moving Overseas Guides | Cost of Living | Health Care Guides


All times are GMT. The time now is 12:20 AM.


Powered by vBulletin®
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
Search Engine Friendly URLs by vBSEO