Opening UK savings acc after moving to Canada

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Oct 3rd 2022, 4:29 pm

pac_les_man

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Opening UK savings acc after moving to Canada

I kept my current account with NatWest after moving couple of years ago and no problems with it.
I am wondering if you're able to open a savings account elsewhere (for example, Barclays)

Oct 3rd 2022, 4:49 pm

CanadaJimmy

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Re: Opening UK savings acc after moving to Canada

Quote:

Originally Posted by pac_les_man

I kept my current account with NatWest after moving couple of years ago and no problems with it.
I am wondering if you're able to open a savings account elsewhere (for example, Barclays)

KYC regulation makes it very difficult to open a UK bank account without being physically present in the UK.

Oct 4th 2022, 3:03 pm

tdrinker

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Re: Opening UK savings acc after moving to Canada

It's easy to open a UK bank or building society account without being physically present as it can be done online in most cases. But most (or all) will require you to be a UK resident.

Oct 4th 2022, 3:46 pm

BristolUK

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Re: Opening UK savings acc after moving to Canada

Quote:

Originally Posted by tdrinker

It's easy to open a UK bank or building society account without being physically present as it can be done online in most cases. But most (or all) will require you to be a UK resident.

There are international or offshore accounts but for ordinary accounts the moment you say you don't live in the UK (with Barclays) or you can't give a UK postcode (with Lloyds) you can't complete the application. So "easy" if you don't tell the truth.