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CLOSURE ON UK BANK ACCOUNT

Posted: Sun May 22, 2022 6:47pm
7 replies194 views5 members subscribed
ggarymanders

Posts: 32

1 helpful points

Location: Alicante City

Joined: 11 May 2020

Has anyone had a letter from Barclays or other UK banks stating that their accounts will be closed unless they have a UK address etc? Are there any loopholes to this issue to keeping Ex-pats UK accounts active etc?
Gary

tebo53

Posted: Sun May 22, 2022 7:13pm

tebo53

Legendary helpful member

Posts: 4825

5022 helpful points

Location: Benidorm

Joined: 29 May 2018

Posted: Sun May 22, 2022 7:13pm

ggarymanders wrote on Sun May 22, 2022 6:47pm:

Has anyone had a letter from Barclays or other UK banks stating that their accounts will be closed unless they have a UK address etc? Are there any loopholes to this issue to keeping Ex-pats UK accounts active etc?
Gary

Have a look at this thread:

https://www.costablancaforum.com/jump-to-post/?id=603989

Steve 

Darro

Posted: Sun May 22, 2022 9:37pm

Darro

Super helpful member

Posts: 1486

1303 helpful points

Location: Catral

Joined: 8 Sep 2021

Posted: Sun May 22, 2022 9:37pm

I wonder if this is only happening to dormant accounts, not aware of anything changing recently to prompt it?

Stephanie86

Posted: Mon May 23, 2022 1:08pm

Stephanie86

Legendary helpful member

Posts: 2786

2102 helpful points

Location: Lliber

Joined: 4 May 2017

Posted: Mon May 23, 2022 1:08pm

Barclays started this some three years ago and Nationwide have pulled out of some European countries, but not Spain, so far!

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Brightonsuperwomn

Posted: Tue May 24, 2022 9:24am

Brightonsuperwomn

Helpful member

Posts: 114

53 helpful points

Location: Elche

Joined: 12 Jun 2020

Posted: Tue May 24, 2022 9:24am

I still get a very tiny amount paid monthly into my uk Barclays account.  It’s not worth having it paid over here I think due to fees, so this is blooming annoying.

John123456

Posted: Tue May 24, 2022 11:02am

John123456

Super helpful member

Posts: 1461

1063 helpful points

Location: Benidorm

Joined: 27 Feb 2021

Posted: Tue May 24, 2022 11:02am

You may find the contents of the link below helpful. Do you have any family members or friends who would allow you to use their address? This could be an option.

https://lifestylegroup.es/uk-banks-close-accounts-brits-spain/#:~:text=All%20financial%20service%20providers%20will,firms%20who%20provide%20financial%20advice. 

Brightonsuperwomn

Posted: Tue May 24, 2022 8:47pm

Brightonsuperwomn

Helpful member

Posts: 114

53 helpful points

Location: Elche

Joined: 12 Jun 2020

Posted: Tue May 24, 2022 8:47pm

John123456 wrote on Tue May 24, 2022 11:02am:

You may find the contents of the link below helpful. Do you have any family members or friends who would allow you to use their address? This could be an option.

https://lifestylegroup.es/uk-banks-close-accounts-brits-spain/#:~:text=All%20financial%20service...

Yes I have.  Thanks for the reply. 

Jessy

Posted: Sun May 29, 2022 4:47pm

Posts: 68

18 helpful points

Location: Playa Flamenca

Joined: 8 Nov 2020

Posted: Sun May 29, 2022 4:47pm

I rang Barclays yesterday and have been told I can put my son's address in the UK on my account, but all correspondence cards, pinsentry if needed will go there. I have this on chat as proof of what they said if any problems. Hope this helps.

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