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Subject
British expats in Europe to be 'stripped of UK bank accounts in weeks'
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In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 75313007:MV80NTI2NjkzXzgyNDkzNjg0XzY4NTU0MjMw] [quote:Dr. Novosel:MV80NTI2NjkzXzgyNDkzMjY1Xzg2RDhGN0Y0] Correct me if I'm wrong but I think without a address in the same country most banks globally won't let you have an account with them other than Cayman banks and a few others. I live in Croatia but have bank accounts in the states but I had to have a address in the U.S. [/quote] After the Cyprus fiasco, Brit banks were inviting overseas customers to open accounts in the UK. Apparently there is a mechanism for such banking services to continue, but it looks like Boris hasn't activated it. If he does nothing and these closures occur, it may force tens of thousands of disgruntled expats to return to the UK. I wonder if they'll support Bojo in the future if that happens? [/quote]
Original Message
Tens of thousands of British expats who live in Europe risk having their UK bank accounts closed 'in weeks' due to post-Brexit rules.
Lloyds, Barclays and Coutts are among a number of UK banks that have starting giving notice to expatriate customers to say they will close their accounts at 11pm on December 31.
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