Brits expats being told uk bank closing

Last activity 05 October 2020 by Andyviola

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AndyviolaActive member25 September 2020 20:17:22

This is causing me concern. We have UK tsb bank account. Any advice or just wait and see if bank wants to close account and hope they give us a couple of month's notice?

Guardian article (one of many)

CulebronchrisSerial expat26 September 2020 05:01:47

287

The UK Government website says that some credit cards are being closed at the moment (Barclaycard is the main one - unless you have a UK residential address) but that it will depend on the local agreement of each bank in each country. The ones that seem to be most affected are Barclays, Lloyds and Coutts.

It's relatively simple though. If you don't have a UK residential address then there's nothing much you can do except wait and see.

JohncarSpain expert26 September 2020 05:46:05

1412

Rather than just waiting i have sent a message to nationwide to ask what their intentions are.

JohncarSpain expert05 October 2020 09:16:38

1412

Just for info

I contacted nationwide building society.

They said they have no plans to change anything regarding accounts because of Brexit

AndyviolaActive member05 October 2020 09:32:13

That's some reassurance thanks. Plans change but i hope they dont change their minds.

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