British Expats

British Expats (https://britishexpats.com/forum/)
-   Moving back or to the UK (https://britishexpats.com/forum/moving-back-uk-61/)
-   -   TAX (https://britishexpats.com/forum/moving-back-uk-61/tax-887488/)

spideyo Nov 24th 2016 3:22 pm

Re: TAX
 
Basically guys I said to HSBC that I wanted to return to the UK eventually but first I wanted to open up an international account, however they said I didn't meet the criteria and she said she thought it was something to do with the juristiction of the country which I thought was odd. However I have been told by my friend who works for a bank in another country said due to international fraud rules have been tightned up by the banks

spideyo Nov 24th 2016 3:27 pm

Re: TAX
 
I will prob just end up transferring it to a relatives account in the end as its such a pain in the arse. I even rang UK inland revenue up and they said they weren't a 100 percent sure if there would be tax implications but didn't think so and he said he couldn't get one of the technical advisers as they were so busy but said the technical adviser probably wouldn't know either I mean how are they training these people

Novocastrian Nov 24th 2016 7:44 pm

Re: TAX
 

Originally Posted by spideyo (Post 12114179)
Basically guys I said to HSBC that I wanted to return to the UK eventually but first I wanted to open up an international account, however they said I didn't meet the criteria and she said she thought it was something to do with the juristiction of the country which I thought was odd. However I have been told by my friend who works for a bank in another country said due to international fraud rules have been tightned up by the banks

Whoever you spoke to at HSBC was incompetent. Make an appointment specifically with a Premier Customer Relations Manager and take it from there.

durham_lad Nov 25th 2016 1:03 am

Re: TAX
 

Originally Posted by Novocastrian (Post 12114275)
Whoever you spoke to at HSBC was incompetent. Make an appointment specifically with a Premier Customer Relations Manager and take it from there.

+1

They also have an ex-pat relationship number you can call, and I have spoken to them before.

spideyo Nov 25th 2016 4:38 am

Re: TAX
 
oh cheers guys will look into that again

Novocastrian Nov 25th 2016 4:45 am

Re: TAX
 

Originally Posted by spideyo (Post 12114538)
oh cheers guys will look into that again

One question first. How much is "a lot of money" to you? Just roughly.

spideyo Nov 25th 2016 5:00 am

Re: TAX
 
contacted hsbc premier account and they said that I didn't meet the criteria and he said he thought it was to do with the country that I currently live in regulations

Novocastrian Nov 25th 2016 5:14 am

Re: TAX
 

Originally Posted by spideyo (Post 12114554)
contacted hsbc premier account and they said that I didn't meet the criteria and he said he thought it was to do with the country that I currently live in regulations

How long is your piece of string?


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