UKGIRL55

I'm having trouble getting good info on taking my Prudential personal UK pension as a lump sum. It's value is only about $16,500. I only have USA bank accounts, one person at the Pru said it shouldn't be a problem but an advisor here seems to think the Pru probably won't transfer the money to a USA account. Anyone on here had experience of this? I have sent an email to the Prudential but they say they will reply by mail and goodness knows how long that will take.

MidAtlantic

No direct experience, but if they do insist on paying to a UK bank account you could set up a Transferwise Borderless Account to have it paid into, then convert the funds and send it to your US bank account.

https://transferwise.com/us/borderle...e=publicNavbar

lansbury

10 years ago Prudential wouldn't pay my pension into a US account, so it's paid monthly into my UK bank. Of course I have never asked again in the intervening years. MidAtlantic suggests a feasible solution and certainly one I would use if my UK bank decides to close US citizens accounts.