Hi, my understanding is T212 does not currently support someone changing their account in any kind of useful way, e.g. accounts older than custom currencies being stuck with a UK based account to deposit money to rather than a local one. There also seems to be no way to change the default currency on the account.
It seems Bulgaria plans to switch to the Euro in July 2025. What happens to Bulgarian T212 accounts then?
Welcome to the Community, @czecherino 
We’re committed to supporting the transition, but we can’t confirm any details yet. Once plans are confirmed, we’ll inform all clients.
Great question
I’m a Romanian and British dual national.
While I live in the UK, I’d imagine this would affect Romanians at some point in the next couple of years as well as Romania is also on the pathway to changing from the Leu to the Euro.
Also, it looks like both of us will gain full Schengen membership by the new year.
Back on topic, it goes back to the question, how does 212/or a broker in general handle it when a country changes it’s official currency?
When the first EU-members changed their currencies, the banks & brokers simply converted the local currencies to EUR using the official exchange rate.
it’s just a back-office administrative change.
Maybe but T212 probably cannot do this as it stands. If they can they shouldn’t make it impossible to switch from UK based CZK to Czech based CZK. In that case it’s literally just saying “pay to this new bank account instead”. Instead they say you must sell everything and close the account then reopen
You are talking about the change of the T212 entity and not the change the national currency to EUR in an account. Those are different issues.