Saving in Poland; bank interests

When I was in Poland I noticed that some of the bank accounts there offer 8%-12% interest on their savings accounts. This beats the 4 or 5% offered by English accounts. Combine this with the fact that there is a steady demand for Zlotyś as Poles take their money back home after working abroad and the Zloty has been raising in value compared with the GBP and USD.

Is it just me that has thought that a Polish savings account might be a sensible place to save. Does anybody know how easy it would be for an English man to open a savings account in Poland? ie, could it be done on the internet?

Try bank Zachodni WBK they have an internet bank site. Tick the English button to get the info if you don't speak Polish!

Max 6-7% and which inflations over 4% that's nothing special.


First of all both USD and GBP got weaker dramatically and there's a risk that they are going to be stronger.

Ah, ok. I stand corrected. Probably I was looking at adverts for loans and mistaking them for savings accounts.


Thanks for that.