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THOUSANDS OF E X PAT S T O B E STRIPPED OF UK B A N K AC C O U N T S
HSBC has confirmed that Expats can still open its 'HSBC Bank Account' online while living anywhere in the EU.
Many Britons in Spain and across Europe are being warned they may be locked out of everyday banking because their provider won’t be authorised to trade under EU banking rules after Brexit.
As such a number of banks have started to send letters and emails regarding hundreds of thousands of bank accounts and credit card facilities held by British citizens which will be closed by the end of this
year. Accounts are being closed because Brexit is likely to change 'passporting' arrangements at the end of this year. Continued on Page 2