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Another Brexit "benefit"

(270 Posts)
Dinahmo Thu 17-Sept-20 12:26:30

Those of us living in the EU are about to be deprived of the use of our Barclaycards as a direct result of the UK leaving the EU. Like many others who have retired to France, Spain, Portugal, Italy and other EU countries my income derives from the UK and I use my card to purchase items from the UK and also when we visit.

So, a hearty thank you to all you Leavers for making our lives just that little bit more difficult.

mokryna Tue 22-Sept-20 12:09:36

If the bank insists a UK address, could I put my daughter’s, or would that be definitely illegal as I would not be resident.?

sodapop Tue 22-Sept-20 12:46:16

Yes I'm pretty sure that's not allowed mokryna in any case I think you have to produce utility bills in your name.
State pension can be paid directly into a French or Spanish bank account Urmstongran but not an NHS one or local government. ( not entirely sure about the latter)

Welshwife Tue 22-Sept-20 12:58:05

If you already have a bank account they are likely to just accept a change of address. I do most of my banking online so would hope to keep it the same.

Mamie Tue 22-Sept-20 13:05:34

sodapop it is a long time ago but I was told by my provider that my LGPS pension could be paid into a French account if I wanted it.

Mamie Tue 22-Sept-20 13:07:25

The UK tax is deducted at source first obviously.

biba70 Tue 22-Sept-20 13:12:40

Welshwife, from next year, not an address abroad- that is the whole point.

We get a letter every year from both our banks, to fill in a form to prove that we are residents abroad. We have to fill it in, and get our Commune (Local Council) to sign to confirm. This to avoid money laundering.

Ellianne Tue 22-Sept-20 13:15:42

mokryna

If the bank insists a UK address, could I put my daughter’s, or would that be definitely illegal as I would not be resident.?

Ahem, yes definitely possible in the past wink, but I'm guessing the checks will be stricter these days.

Mamie Tue 22-Sept-20 13:17:46

Interesting. We don't get a form from the bank though we do get them from our pension providers to prove we are still alive. The bank sends all written communication here, though there isn't much of that these days.

biba70 Tue 22-Sept-20 13:47:42

Oh yes, we get those too ;) lol

mokryna Tue 22-Sept-20 15:37:39

I have phoned my English bank and asked them what their plans were, for in the future regarding a no deal Brexit. I was told that there was no papers dealing with this in my file. And of conversation.
I realize that I can get my pension put into my French bank but the stirring exchange rate is the big problem. It just looks as if I’ll just have to keep my fingers crossed

mokryna Tue 22-Sept-20 15:57:49

Oh! I seems I am getting my knickers in a twist over nothing?
Ignored phone call and searched on line This is what is written in black and white.

I am a UK citizen living in the EU; will I still be able to keep my HSBC UK Bank Account after Brexit?

Yes, your HSBC UK Bank Account will remain open providing that it is used at least once every 12 months. If there’s no activity, the account will go dormant. This means that it will be frozen, and you’ll need to pass some security checks to reactive it as you would today. ?

Ellianne Tue 22-Sept-20 16:05:00

Yes mokryna, as we discussed a few pages back HSBC is looking hopeful. I picked up a tip .... try to keep as large amount as you can with your UK bank. If it comes to the crunch they favour their more wealthy customers!!

Urmstongran Tue 22-Sept-20 19:57:07

Was that a recent update from HSBC mokryna?

MerylStreep Tue 22-Sept-20 20:18:36

I see HSBC shares fell to a 25 yr low after the revelations on the panarama programme. They've been naughty boys again!!

mokryna Wed 23-Sept-20 09:16:17

Urmstongran

Was that a recent update from HSBC mokryna?

Yes, this was on its site yesterday afternoon. However, a few minutes beforehand I had spoken to one of their staff, who was unaware of this information.

mokryna Wed 23-Sept-20 09:20:22

Ellianne
As I can’t get to England no money is being spent, except for taxes.

Ellianne Wed 23-Sept-20 09:35:32

mokryna

Ellianne
As I can’t get to England no money is being spent, except for taxes.

I'll willingly get some shopping for you and post it mokryna. I'm very knowledgeable on Bond Street or the King's Road. Just hand me the credit card. grin

Welshwife Wed 23-Sept-20 12:16:16

I have seen several reports from people today about actually calling their bank and being told there are no plans to do anything to current accounts. It seems it is also to do with the arrangement the bank has with various countries.
Lloyd’s group listed EU countries it was pulling cards from and France and Spain were not on the list - six countries were listed.

mokryna Wed 23-Sept-20 14:43:52

Ellianne
Thank you very much for your kind offer, shock. I will keep it in mind.