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Forum: Spain
Dec 25th 2022, 3:51 pm
Replies: 123
Views: 12,038
Posted By philat98

Re: UK banks closing accounts for no-residents

In Italy the tax authorities call these places a fiscal paradise and deal with them severely. Might be the same in Spain?
Forum: Spain
Sep 4th 2022, 9:04 am
Replies: 123
Views: 12,038
Posted By philat98

Re: UK banks closing accounts for no-residents

Evidently Revolut has applied for a UK bank licence. The UK for some reason has not granted the licence but could in the future.
Forum: Spain
Sep 4th 2022, 8:45 am
Replies: 123
Views: 12,038
Posted By philat98

Re: UK banks closing accounts for no-residents

https://www.thetimes.co.uk/article/251fae5e-2af4-11ed-a830-74a6c8fbb722?shareToken=73c32547033dc0a3656528286518cfd8
Forum: Spain
Sep 4th 2022, 7:21 am
Replies: 123
Views: 12,038
Posted By philat98

Re: UK banks closing accounts for no-residents

They discussed this subject in yesterdays Times (subscription). There are a few interesting comments.
Forum: Spain
Sep 1st 2022, 12:18 pm
Replies: 123
Views: 12,038
Posted By philat98

Re: UK banks closing accounts for no-residents

I got the same from Interactive Investor. Funny but NS&I accepts Wise as a bank.
Forum: Spain
Aug 14th 2022, 7:46 pm
Replies: 123
Views: 12,038
Posted By philat98

Re: UK banks closing accounts for no-residents

I am in Italy not Spain. Nationwide closed all accounts in Italy.
Forum: Spain
Aug 14th 2022, 5:16 pm
Replies: 123
Views: 12,038
Posted By philat98

Re: UK banks closing accounts for no-residents

I have a SIPP with Interactive Investor. I was able to withdraw money with my Nationwide Account. When Nationwide closed the account I tried to substitute Wise. II said that Wise was not a valid UK...
Forum: Spain
Aug 14th 2022, 1:04 pm
Replies: 123
Views: 12,038
Posted By philat98

Re: UK banks closing accounts for no-residents

Wise is not always accepted because it is not a registered UK bank even though it provides a UK sort code and account number.
Forum: Spain
Aug 14th 2022, 12:15 pm
Replies: 123
Views: 12,038
Posted By philat98

Re: UK banks closing accounts for no-residents

I havent been able to open an HSBC account. Their helpline is terrible. You wait 30minutes and then you get connected to a call centre in Calcutta and they invent some reason why there is a delay in...
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