UK bank for expats?

Post date: 2024-07-13 15:47:20
Views: 61
I used to live in the UK but eventually moved to Canada. I still have financial ties to the UK. My UK bank (Barclays) used to be happy to hold my vast reserves of wealth despite my change to a Canadian address, but has now informed me that they are closing such accounts. I no longer have a UK address. Is there a bank that will allow me to have a UK account with an address abroad?

I only need two things: 1. Be able to receive payments in pounds from my UK pension and 2. use an ATM in the UK. No need for credit, loans or investments,

FWIW, I have bank accounts in France and in Canada. I could use these to access cash while in the UK, but could they receive UK funds from a UK pension?

I saw that there are so called "new" banks like Revolut, which would let me open a UK account, but they only allow a few hundred pounds a month ATM withdrawals. That wont cover a lot of bubble and squeak!

Santander would kindly allow me to open a UK account as long as I maintain a 75,000+ pounds balance, which is annoyingly high for a non-interest bearing account.

HSBC might let me do it based on my income, but it hasn't yet said it would accept my non-UK income.

Is there any other option
Please click Here to read the full story.
 
Other Top and Latest Questions:
Republicans push Obamacare tax credit alternatives as enrollment deadline looms
Applying to jobs from Thanksgiving to New Year's isn't pointless, experts say: 'You actually have more opportunity to stand out'
Abortion pill makers brace for restrictions a year after Trump's election
Best Buy hikes sales forecast as shoppers upgrade tech, splurge on devices
New Jersey deli fraudsters fail to pay millions of dollars in restitution, judge says
Private payroll losses accelerated in the past four weeks, ADP reports
Core wholesale prices rose less than expected in September; retail sales gain
Some of the big risks for the market in 2026, according to JPMorgan
Michael Burry's next 'Big Short': An inside look at his analysis showing AI is a bubble
TSMC stock falls as it sues former exec alleging he took trade secrets to Intel