Tens of thousands of British expats in Europe 'will be stripped of their UK bank accounts and credit cards in weeks - General La Mata discussion - La Mata forum - Costa Blanca forum in the Alicante province of Spain
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Tens of thousands of British expats in Europe 'will be stripped of their UK bank accounts and credit cards in weeks

Posted: Sun Sep 20, 2020 8:54pm
4 replies333 views4 members subscribed
garylamata

garylamata

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dinnerout

Posted: Mon Sep 21, 2020 12:28pm

dinnerout

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Posted: Mon Sep 21, 2020 12:28pm

garylamata wrote on Sun Sep 20, 2020 8:54pm:

https://www.dailymail.co.uk/news/article-8752653/British-expats-Europe-stripped-UK-bank-accounts-weeks-post-Brexit-rules.html

Looks like things are getting serious so opening a Spanish bank account would be advisable

The Daily Mail.....hmmm.

The headline suggests that (most/many/all)  British citizens living in Spain will be unable to keep a UK bank account as evidenced by the sub headline, copied and pasted here > 

British expats in Europe risk having their UK bank accounts closed due to Brexit

Not true.

The Daily Mail has improved in its willingness to criticise the Government, because even their editors are smelling the coffee, but when it comes to anti EU propaganda the Mail and Express have not changed!

Steve

garylamata

Posted: Mon Sep 21, 2020 2:22pm

garylamata

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Posted: Mon Sep 21, 2020 2:22pm

dinnerout wrote on Mon Sep 21, 2020 12:28pm:

The Daily Mail.....hmmm.

The headline suggests that (most/many/all)  British citizens living in Spain will be unable to keep a UK bank account as evidenced by the sub headline, copied and pasted here > 

British expats in Europe risk having their UK bank accounts closed due to Brexit

Not true.

The Daily Mail has improved in its willingness to criticise the Government, because even their editors are smelling the coffee, but when it comes to anti EU propaganda the Mail and Express have not changed!

Steve

Yep I get the headline does not mention Spain and ony certain banks. However, flicking through these forums it would seem Barclaycard have already notified ex-pats in Spain of their intent to cancel their cards.

Apart from the headline being slightly misleading I don't think this is anti-EU as the banks mentioned have already signalled their intent, others mentioned they are considering their positions also. Add to this information can be sourced elsewhere than Mail/Express I feel this is important for this forum and members might want to keep up to date to be in advance of any changes which might affect them so as they can act first.

Other sources: The Times: https://www.thetimes.co.uk/article/brexit-strips-expats-of-uk-bank-accounts-565bsvn6k

Euroweeklynews: https://www.euroweeklynews.com/2020/09/21/british-expats-will-lose-uk-bank-accounts-credit-cards-without-brexit-deal/

The Telegraph: https://www.telegraph.co.uk/personal-banking/current-accounts/brits-living-eu-face-bank-account-closure-lottery-brexit/

etc, etc, etc......

All the best

G

dinnerout

Posted: Mon Sep 21, 2020 4:15pm

dinnerout

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Posts: 2181

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Location: Beniarbeig

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Posted: Mon Sep 21, 2020 4:15pm

garylamata wrote on Mon Sep 21, 2020 2:22pm:

Yep I get the headline does not mention Spain and ony certain banks. However, flicking through these forums it would seem Barclaycard have already notified ex-pats in Spain of their intent to cancel their cards.

Apart from the headline being slightly misleading I don't think this is anti-EU as the banks mentioned have already signalled their intent, others mentioned they are considering their positions also. Add to this information can be sourced elsewhere than Mail/Express I feel this is important for t...

...his forum and members might want to keep up to date to be in advance of any changes which might affect them so as they can act first.

Other sources: The Times: https://www.thetimes.co.uk/article/brexit-strips-expats-of-uk-bank-accounts-565bsvn6k

Euroweeklynews: https://www.euroweeklynews.com/2020/09/21/british-expats-will-lose-uk-bank-accounts-credit-cards-without-brexit-deal/

The Telegraph: https://www.telegraph.co.uk/personal-banking/current-accounts/brits-living-eu-face-bank-account-closure-lottery-brexit/

etc, etc, etc......

All the best

G

Actually your are quite right, apologies offered. It was just my natural aversion to anything in the Mail ..

Steve

garylamata

Posted: Mon Sep 21, 2020 4:31pm

garylamata

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Posted: Mon Sep 21, 2020 4:31pm

dinnerout wrote on Mon Sep 21, 2020 4:15pm:

Actually your are quite right, apologies offered. It was just my natural aversion to anything in the Mail ..

Steve

I can understand that plus The Mail online is crashing my PC now with all their ads/popups so will avoid them as my goto from now on lol

G

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