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 |
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