I suppose you could be correct if you listen to all the BREXIT scaremongering. They have to print something in the newspapers to be able to sell them. Just look on the bright side, we may all get deported back to the UK, hand your house keys in at the nearest Spanish town hall, no problem with bank account and pension payments then.

A lot of people have thire pensions paid into UK banks anyway. They just transfer the money as needed.

I can't see any problems with that.

Even with the recent pension payment scaremongering if there is no ​​​​​​⠀‹deal that is in relation to annuity type pensions not state or ordinary works type pensions from what I have seen. As Fred says what is the difficulty in having any pension paid into your UK bank then transferring with whichever company you choose to your Spanish account?

Bob & Fred are both correct as usual but what confuses me is why two old timers that get spooked by all the BREXIT (the world is coming to an end) rubbish are considering leaving the UK.

Many of us have our pensions paid into UK account.
Get your pensions paid into Santander 123 account, receive interest on the balance and draw cash as euros with zero commission to change & a good exchange rate at any Santander ATM.

PS: This has already been asked and answered, here > Moving to Spain