Foreign Currency Account?
Discussion
You don't HAVE to have a currency account specially to match the currencies in which your customers pay you. If you had lots of foreign customers that would get very complicated (although the introduction of the Euro really has made life easier for businesses in Europe).
If using your normal busines bank account, the bank will automatically convert any foreign amounts received into Sterlin in your account. They will probably charge for the priviledge for doing so though.
If using your normal busines bank account, the bank will automatically convert any foreign amounts received into Sterlin in your account. They will probably charge for the priviledge for doing so though.
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