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Old 11.05.2011, 19:06
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Inland Revenue Rebate - How to cash in?

Hey folks,

My wife and I had some mail forwarded from the UK recently and were surprised to find a significant UK Inland Revenue tax rebate. But we're struggling with how we're going to get our hands on this early Christmas present.

One option is to send it back to the the UK and have someone put it into a bank account there - though this may cause issues with the name on the account not matching.

I've yet to take it to UBS (who we bank with) to see what they may be able to do.

In the meantime, all suggestions welcome.

Thanks in advance,

Jason
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Old 11.05.2011, 19:53
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Re: Inland Revenue Rebate - How to cash in?

You, need to cash it or pay it into an account in case they change their minds.
If you don't have a sterling or multi-currency account, I really would suggest finding a way of keeping it "safe" in £'s until the exchange rate is better - unless of course you really need the extra, even if it means "losing" a little bit because of a weak £.

[I could look after it for you, in a nice little offshore a/c, until times/rates become better]
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Old 12.05.2011, 09:55
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Re: Inland Revenue Rebate - How to cash in?

Aye - the exchange rate had occurred to me but thanks for noting.

It seems we're going to be able to keep it in GBP which works for us... What I didn't know is that Barclays in the UK (who we bank with and have left accounts open with) have partners throughout Europe. Deutsche Bank, BNP Paribas and of course do have branches in Dijon and Strasbourg (closest ones).

Apparently all we have to do is to pop along with the cheque and they'll sort it out. As easy as that!
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