<prompt> Human: As stated in the title I am a 17 year old student from the UK with a decent online business growing started in 2014. I have been quite lucky in the fact that I found a decent niche at the right time.Without giving away too much information, the website is gaming related with 100 of the revenue coming from advertisements and a few expenses 140 in the form of monthly server costs. Both of these are paid in USD. At the moment the majority of my funds are kept in paypal I am not very fond of this idea. Do I convert from USD to GBP and put the money into a savings account or do I keep everything in USD? This would involve opening a USD bank account. With the way politics have been going recently the exchange rate has been fluctuating quite rapidly.So, which banks in general offer the greatest exchange rates in these currencies?. Would I need an off-shore bank account?If so, what are the best options? Sorry if this post includes too many questions.  <response>: Definitely get the money out of PayPal. Ive heard so many horror stories of paypal freezing accounts or outright taking your money away from you. They have the control. You do not. I dont know about USD vs pounds however. Nice job on the business. I hope your success continues. 