Foreign Perspectives

Archive for the ‘Relocating’ Category

Whilst we all love our vacation time, we all assume that places that thrive on tourist business will be open during the holidays.

That’s not always the case in France where many attractions are closed today because it’s Labour Day (May 1st). Although many people will be eating out today, a number of restaurants choose this time of year to close thus losing considerable business of course.

Even when they’re not on holiday many restaurants stick to the 12 to 2pm lunchtime and we know of one local touristy village which gets tour buses every day from 9am to 7pm yet the restaurant only serves food from 12 to 1.30pm.

It’s obviously impossible to name a single bank which you can choose simply because no single bank operates in every country of the world.

There are some general pointers as to how to go about choosing your bank though.

One school of thought is that you should choose the local bank with the most branches in the area which you’re moving to. That’s a reasonable approach in that for most countries there’s a charge to use ATMs that aren’t owned by your own bank so it may save you on ATM withdrawal fees. However, be wary of local banks that don’t operate internationally on a widespread basis or that don’t attract many foreign customers as you can come unstuck very easily through not having local banking practices explained to you. This even applies in many cases where banks operate English speaking branches: they might well speak English but often banking terms don’t translate well.

The other school of thought is that you should choose a bank based in your own country but with branches in your new country. This can work well in that the banking staff should be more familiar with the banking practices that you’re used to and sometimes offer good deals on money transfers to/from your home country. So, for example, if you’re American then the best choice is usually Citibank as that operates as a local bank in many countries yet retains an American feel in every location in which it operates and offers good deals on transfers between Citibank accounts in other countries. However, if you’re British, you might think that HSBC would be the way to go yet because it bills itself as “the world’s local bank” it tends to follow local banking practices more than British ones although it does offer transfers to your HSBC accounts in other countries.

Don’t forget that you don’t need to choose a single bank. One combination that works very well is a local bank with low charges and lots of branches combined with an international bank to handle your global transfers.

It looks like that for a second year running winter has pretty much passed us by.

The trees are already showing signs of greenery and many of the fruit trees are already flowering. Good for us, of course, but it looks like the local ski resorts have had another pretty poor year as there wasn’t a whole lot of snow on the mountain just behind us which is usually completely covered from November through to April.

Just as well we didn’t restock on the heating oil!

We’ve been having really great weather over the last week or more so it’s all the more depressing that we’re back to what we’d expect to be normal February weather here ie dull and wet.

Funnily enough we’re almost at the end of February and it’s only now that we’re getting the kind of weather that we should have been getting since late December.

It’s confusing the plants as well as us as we’ve several trees with green shoots on them already!

The weather has taken a distinct lurch for the better over the last week or so and we’re having to go back to just the t-shirts as it’s just too hot outside at the moment for anything else.

Somehow I just can’t see that heat wave holding up but we’re trying to make the most of it while it lasts (well, will be once we all get over the flu that’s felled most of us over the last week).

It is pretty peculiar to be needing the airconditioning in February though!