UK bank for expats?
|
| Post date: 2024-07-13 15:47:20 |
| Views: 54 |
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: |
Taco Bell tries to woo younger customers with Live Más Café's flashy beverages
|
China strikes conciliatory tone ahead of expected Trump-Xi meeting
|
Inflation rate hit 3.0% in September, lower than expected, long-awaited CPI report shows
|
Issues in Polaris theme
|
AI spending is boosting the economy, but many businesses are in survival mode
|
The 5 most common jobs in America's most populous cities—and how much they pay
|
Chinese rivals to Meta's AI glasses are piling up. How Goldman is playing the trend
|
Melissa strengthens into a Category 4 hurricane, threatening catastrophic flooding in Jamaica, Haiti
|
Novartis is in talks to buy U.S. biotech firm Avidity Biosciences for more than $70 a share, Bloomberg News reports
|
American Airlines is arriving late to the luxury travel boom. Can it catch up?
|