there is much in the press about UK banks closing bank accounts held here by 'expats'
the reason expats hold such accounts is understandable imo (pensions and such)
I believe UK banks see reasons to close such accounts...EU regs or something!!
but
what I dont see anywhere is what...if anything will be the situation for UK residents/citizens who hold bank accouts in the EU
with EU banks!
is there anything in the regulltions that causes changes?....and if not...why is it a 'one way' issue?
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european bank accounts after brexit
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- Lemon Quarter
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Re: european bank accounts after brexit
I think there are two main issues with UK banks offering accounts to eu residents.....
1. Wether the bank has a licence to operate in the individual eu countries. and
2. Wether they think it's worth continuing to offer accounts .
Surely those issues are the same for any eu banks wishing to offering accounts to UK residents.
1. Wether the bank has a licence to operate in the individual eu countries. and
2. Wether they think it's worth continuing to offer accounts .
Surely those issues are the same for any eu banks wishing to offering accounts to UK residents.
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