UK bank for expats?
|
| Post date: 2024-07-13 15:47:20 |
| Views: 134 |
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: |
Inflation fears on the rise as one-year outlook in Fed survey hits highest level since May 2023
|
Americans grow more pessimistic about their finances, New York Fed finds — expert warns of ‘tough choices’ ahead
|
Brazil is having its Argentina moment. How to play it
|
Consumer stocks have been hammered. Here are some opportunities among the casualties
|
Microsoft to sell $2,599 Surface Laptop Ultra containing Nvidia AI chip
|
Thursday's big stock stories: What’s likely to move the market in the next trading session
|
The IRS is paying closer attention to funds that aim to slash taxes. What could be next for investors
|
FCC to vote on auctioning 25MHz of 'prime spectrum' in move that could benefit Amazon, SpaceX
|
The Great British Bake Off: Biscuit Week
|
Movie: Verity
|