# USD Account

**URL:** <https://community.monzo.com/t/usd-account/90735>\
**Category:** Financial Chat\
**Created:** [2 February 2020 09:08 UTC](https://community.monzo.com/t/usd-account/90735 "2020-02-02T09:08:43Z")\
**Posts on this page:** 9\
**Page:** 1

<div class="post-metadata">

**Author:** ![jfmombiela](https://dub1.discourse-cdn.com/monzo/user_avatar/community.monzo.com/jfmombiela/32/36882_2.png) [@jfmombiela](https://community.monzo.com/u/jfmombiela)\
**Post date:** [2 February 2020 09:08 UTC](https://community.monzo.com/t/usd-account/90735/1 "2020-02-02T09:08:43Z")

</div>

Hi,

Do you know any account in the UK where we can deposit dollars, please? We have some cash and where are trying to find a way we can deposit it in a bank so then we can exchange this to dollars using revolut or TransferWise. Thanks!

---

<div class="post-metadata">

**Author:** ![kolok](https://dub1.discourse-cdn.com/monzo/user_avatar/community.monzo.com/kolok/32/46634_2.png) [@kolok](https://community.monzo.com/u/kolok)\
**Post date:** [2 February 2020 13:03 UTC](https://community.monzo.com/t/usd-account/90735/2 "2020-02-02T13:03:16Z")

</div>

Probably best off going to a local money changer and swapping to GBP then depositing that, if I understand you correctly.

---

<div class="post-metadata">

**Author:** ![TTJJ](https://avatars.discourse-cdn.com/v4/letter/t/5f8ce5/32.png) [@TTJJ](https://community.monzo.com/u/TTJJ)\
**Post date:** [2 February 2020 13:07 UTC](https://community.monzo.com/t/usd-account/90735/3 "2020-02-02T13:07:23Z")

</div>

HSBC can do this free of charge if you hold a normal bank account with them.

---

<div class="post-metadata">

**Author:** ![nathanthomson8](https://avatars.discourse-cdn.com/v4/letter/n/7ba0ec/32.png) [@nathanthomson8](https://community.monzo.com/u/nathanthomson8)\
**Post date:** [2 February 2020 14:54 UTC](https://community.monzo.com/t/usd-account/90735/4 "2020-02-02T14:54:21Z")

</div>

Free of charge in that they do what every other bank will do here… buy your currency off you and deposit it into your gb account lol

---

<div class="post-metadata">

**Author:** ![TTJJ](https://avatars.discourse-cdn.com/v4/letter/t/5f8ce5/32.png) [@TTJJ](https://community.monzo.com/u/TTJJ)\
**Post date:** [2 February 2020 15:10 UTC](https://community.monzo.com/t/usd-account/90735/5 "2020-02-02T15:10:12Z")

</div>

That’s not what I meant at all, I was talking about their currency accounts.

---

<div class="post-metadata">

**Author:** ![jfmombiela](https://dub1.discourse-cdn.com/monzo/user_avatar/community.monzo.com/jfmombiela/32/36882_2.png) [@jfmombiela](https://community.monzo.com/u/jfmombiela)\
**Post date:** [2 February 2020 19:40 UTC](https://community.monzo.com/t/usd-account/90735/6 "2020-02-02T19:40:29Z")

</div>

Thanks! We will check HSBC then 🙂

---

<div class="post-metadata">

**Author:** ![anon66544660](https://avatars.discourse-cdn.com/v4/letter/a/7cd45c/32.png) [@anon66544660](https://community.monzo.com/u/anon66544660)\
**Post date:** [2 February 2020 20:04 UTC](https://community.monzo.com/t/usd-account/90735/7 "2020-02-02T20:04:47Z")

</div>

> **[Multi Currency Account | Foreign Currency Accounts - HSBC UK](https://www.hsbc.co.uk/international/currency-account/)**
>
> Open and manage your foreign currency accounts in 14 currencies, send or receive money locally and internationally with no monthly account fee at HSBC.

> - **Please note** : Cash deposits are not available with this account.

---

<div class="post-metadata">

**Author:** ![jfmombiela](https://dub1.discourse-cdn.com/monzo/user_avatar/community.monzo.com/jfmombiela/32/36882_2.png) [@jfmombiela](https://community.monzo.com/u/jfmombiela)\
**Post date:** [4 February 2020 10:24 UTC](https://community.monzo.com/t/usd-account/90735/8 "2020-02-04T10:24:34Z")

</div>

Thanks, Zain. We are actually interested in an account where we can deposit cash (USD). Do you know any? It looks so difficult… Maybe the best thing is exchanging it…

---

<div class="post-metadata">

**Author:** ![zlotnleo](https://avatars.discourse-cdn.com/v4/letter/z/ac91a4/32.png) [@zlotnleo](https://community.monzo.com/u/zlotnleo)\
**Post date:** [7 February 2020 00:21 UTC](https://community.monzo.com/t/usd-account/90735/9 "2020-02-07T00:21:45Z")

</div>

The only bank in the UK that allows cash currency deposits that I’ve found is Barclays.  
They even pay some small interest on your USD balance (unfortunately, no interest on EUR one)  
This is, however, a savings-style account, as in you don’t get a debit card to spend on, and you need to have a current account with them to open one.
