Any Canadian Banks Operating In UK?
I am considering moving to the UK (I have British citizenship so no need to apply). I haven't lived there since I was a child so have no banking or credit history there. I was wondering if there are any Canadian banks that have retail banking services in the UK (ie. not just for business or investment customers)?
I know HSBC operates in both countries and can make it easy to switch when moving. Amex also makes it easy; if you have one of their credit cards you simply exchange it for one in the new country. But are there others? I am wondering because it would obviously be easier to move over if you already have a relationship with the bank, if your current credit score can be taken into account (HSBC does this), etc. |
Re: Any Canadian Banks Operating In UK?
No.
You can find addresses for the big Canadian banks in London, but they are only there to serve large corporations, not retail customers. |
Re: Any Canadian Banks Operating In UK?
I believe Chase Bank has operations in Canada?
Our daughter has been a customer of Chase Bank USA for many years and when she moved to England last year she opened an account with Chase Bank UK. It literally only took her an hour sitting on the couch in our living room after downloading the Chase UK app. She could not do it before she left the USA. No proof of UK address was required, just asked to state that she was UK resident and provide address. (She was staying with us and used our address) Transfers between Chase US and UK is not easy like it is between HSBC US and HSBC UK but she uses Wise to great effect to move funds to her Chase UK account from her US account. |
Re: Any Canadian Banks Operating In UK?
Doesn’t Toronto Dominion (TD Bank,) have retail banking services in UK?
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Re: Any Canadian Banks Operating In UK?
Originally Posted by robin1234
(Post 13180492)
Doesn’t Toronto Dominion (TD Bank,) have retail banking services in UK?
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Re: Any Canadian Banks Operating In UK?
It looks like HSBC is the way to go.
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Re: Any Canadian Banks Operating In UK?
FYI We received notification from HSBC Canada back in November that they were selling to RBC, but I’m not sure when or if it’s still going through.
Originally Posted by Skynyrds Innyrds
(Post 13180626)
It looks like HSBC is the way to go.
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Re: Any Canadian Banks Operating In UK?
Originally Posted by Reidies
(Post 13180751)
FYI We received notification from HSBC Canada back in November that they were selling to RBC, but I’m not sure when or if it’s still going through.
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Re: Any Canadian Banks Operating In UK?
I researched this as well and found there are none. So, I opened a Wise account as its multi currency with a UK bank address and sort code and its great.
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Re: Any Canadian Banks Operating In UK?
Originally Posted by Reidies
(Post 13180751)
FYI We received notification from HSBC Canada back in November that they were selling to RBC, but I’m not sure when or if it’s still going through.
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