Kilkis wrote:This is a paragraph from the latest UK Government Living in Europe information web page:
Banking and financial services
Most people living in Europe should not see any change to their banking when the transition period ends (31 December 2020). Whether UK banks can service customers living in an EEA country is a matter of local law and regulation. Also banks are set up differently, and may have taken different actions to continue to serve their customers.
Your bank or finance provider should contact you if they need to make any changes to your product or the way they provide it. If you have any concerns about whether you might be affected, contact your provider or seek independent financial advice.
Tim wrote:I disagree, bob. Banks don't ring 'addresses', they ring phone numbers. If my bank rings me, they will find me on the end of the phone wherever in the world I happen to be. No deception involved or required.
bobscott wrote:...That's fine, but it really tells us nothing! We are still no closer to knowing whether Santander and others will be compelled by 'local law and regulation' (whatever that is!) to close our accounts and contacting the bank is likely to result in an equally bland statement until the decision is taken. Bob.
Tim wrote:Sorry, bob. I no longer understand what you're trying to say. It's really simple. My bank requires an address where they can write to me, should they need to. I have supplied them with a suitable address. They have not asked me if I live there, and I have not claimed so to do.
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