peppi

How do you go about this if you have no address here as it were...? Please..

Taa...

Sue2

Hi

I`ll be leaving my sisters address she can also keep an eye on things if needed.

sue

peppi

thanks for that sue...I had thought of that but i dont really have an address to leave it with...or that i want to leave it with...

Any other suggestions on how to get round it...?

worzel

I will give my parents address. Lloyds TSB internet banking allows you to suppress paper statements so anything else they get sent will be junk until my next debit card renewal by which time I will either have closed the account or won't be using my debit card on it.

Perthforme

Have you tryed asking your bank?

Vanessa

Our Relocation Agents actually recommend us keeping an English bank account with online facilities. Talk to the bank. I am sure it won't be a problem with an Aus address - may not give you overdraft facilities though!

Mrs Jackaroo

Hi

I actually work for Lloyds TSB and we have loads of customers with overseas addresses, many of them being in Australia - doesn't seem to be a problem at all. Just give your bank a call and have a chat.

HTH

Merlot

I did have an Australian address with my Abbey account. All the mailings were sent via an overseas department at Abbey to me, rather than the usual branch but it was fine.

However, they did at one point take umbrage to me having free banking for 7 years whilst living in Oz and tried to get me to open an "Offshore" account which cost £££.

M

gedge

We've kept 3 accounts open in the UK with HSBC, including our credit card.
Just register for online banking, cancel your paper statements, change your address on the web site and then continue to use the accounts.
I reckon it's worth leaving a few quid in a UK account, as you know you'll go back to visit, and it'll save you the hassle of exchanging your dollars.

peppi

thanks for your advise everyone..gives me a bit to go on...I'll just go ask the bank what to do...didnt know wether they may say sod off you cheeky moo though being as I wont much be using the account anymore...

lel_smiff

I was told by HSBC that everything would be fine to keep while overseas too, BUT they did say it's worth moving at least a few pounds in or out of it every month or so or they will close it and issue a cheque for any remaining funds in it.

A mate still had a UK account while in Australia and they ended up asking him to make payments to it or close it, but he also hadn't even told them that he was overseas though and just got the address changed to his mothers...!

I wouldn't suggest having an account in overdraft as if you tell them you're going overseas I reckon the bank would tell you to clear the debt first.

SnapOff

May have to be careful when filing your annual tax return in Oz, you should really declare your overseas assets as well. The UK and Oz do have tax links. Personally we are keeping our joint account open here with First Direct, but changing the address to my parents and managing it online from Oz.

Storini

If you die overseas, the issue of probate on your UK assets arises. If your UK bank account is less than £5K, I believe the funds will be released without too much formality to your executor. However, over this amount a full probate process may be required, which is time-consuming and expensive.