If you are referring to the little Isles off SW England as the Channel Islands, then the following will put you right, as a Jersey resident. Individuals are not permitted to have Euro € accounts, only companies, and they are CONTROLLED by strict Due Dilligence regulations (I am an MD off such a company. It is easier for you to open an account in any of the EU countries that are part of the EURO. This is your right as a member of the EU, although the UK is not in Euroland. We have personal accounts in France, thus leaving the problems of credit card charges and the UK behind.

I trust that this is of assistance to you and others thinking the same.