UK Bank Accounts after Brexit
#46
Lost in BE Cyberspace
Joined: Feb 2008
Posts: 5,622
Re: UK Bank Accounts after Brexit
I have just received an email re my government pension informing me that due to Brexit and pasporting re banking those living in EU may not be allowed UK banking for payment of pensions. So this confirms this will affect more than credit card accounts.
#47
BE Forum Addict
Joined: Aug 2009
Location: Costa Blanca
Posts: 3,143
Re: UK Bank Accounts after Brexit
You mean an email from UK Government? Or other advisors....
#48
Forum Regular
Joined: Sep 2012
Posts: 246
Re: UK Bank Accounts after Brexit
Natwest are still offering accounts for EU residents.
https://personal.natwest.com/persona...dents_hub.html
https://personal.natwest.com/persona...dents_hub.html
#49
Lost in BE Cyberspace
Joined: Feb 2008
Posts: 5,622
Re: UK Bank Accounts after Brexit
From the police pension administrators. It doesn't say you can't have a UK bank account it says to check with your bank. I have already spoken to my bank to work around the issue to the banks satisfaction.
Last edited by bobd22; Oct 21st 2020 at 5:28 pm.
#50
Banned
Joined: Aug 2018
Location: Sotogrande
Posts: 182
Brexit Banking issues
Have been informed by a relative who works for First Direct that they are going to clamp down on non U.K resident accounts and will start closing accounts with no provable U.K address as of Jan 1st, anyone heard anything else or had any correspondence to this effect? Seems very recent ie meeting upon high within last few days.
#51
Lost in BE Cyberspace
Joined: Jan 2012
Location: Dépt 61
Posts: 5,254
Re: Brexit Banking issues
Sounds like First Direct has taken the decision not to go for a licence to operate in the EU. All banks will have to make up their minds which way to jump very soon, if they haven't already.
#53
Banned
Joined: Aug 2018
Location: Sotogrande
Posts: 182
Re: Brexit Banking issues
#54
BE Forum Addict
Joined: Aug 2009
Location: Costa Blanca
Posts: 3,143
Re: Brexit Banking issues
OK just thought it might help.
#55
Re: Brexit Banking issues
Sorry, I agree with Spainrico.
Please add to then other thread. We cannot have a different thread for every UK bank.
Please add to then other thread. We cannot have a different thread for every UK bank.
#56
Banned
Joined: Aug 2018
Location: Sotogrande
Posts: 182
Re: UK Bank Accounts after Brexit
Have been informed by a relative who works for First Direct that they are going to clamp down on non U.K resident accounts and will start closing accounts with no provable U.K address as of Jan 1st, anyone heard anything else or had any correspondence to this effect? Seems very recent ie meeting upon high within last few days.
#57
Re: UK Bank Accounts after Brexit
My most recent info from them was they would not be closing accounts. That was last week. HSBC is licenced in the EU so would not be restricted.
#60
Forum Regular
Joined: Feb 2013
Posts: 167
Re: UK Bank Accounts after Brexit
I have Just telephoned First Direct , The lady said that they haven't been informed about any changes to the information we had before and that are not going to stop Spanish residents accounts, she went away to double check with her supervisor and came back and said that was correct , so hopefully she's right..,.