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  #21  
Old 09.03.2011, 19:29
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Re: If you have an account LloydsTSB you may be in for a shock

Hi,

I found a solution http://www.co-operativebank.co.uk/se.../Bank-Offshore no minimum amount and no fees. Just need to fill in the form and send them a certified passport copy and a certified copy of you passport.

I also found this interesting article about how Lloyds TSB played the same trick with RBS customers.

http://www.expatmoneychannel.com/con...ject-changes-0

Have fun
Martin
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  #22  
Old 13.03.2016, 20:33
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Re: If you have an account LloydsTSB you may be in for a shock

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Hi,

I found a solution http://www.co-operativebank.co.uk/se.../Bank-Offshore no minimum amount and no fees. Just need to fill in the form and send them a certified passport copy and a certified copy of you passport.

I also found this interesting article about how Lloyds TSB played the same trick with RBS customers.

http://www.expatmoneychannel.com/con...ject-changes-0

Have fun
Martin
my experience with LLOYDS is the horrible..they froze my off shore account ..I was with them for 23 YEARS ...16 years off shore..my accounts are practically dormant since 2005/2006..almost no transactions yet accounts got frozen and under''invastigation''..AVOID LLOYDS OFF SHOREE
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  #23  
Old 13.03.2016, 20:47
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Re: If you have an account LloydsTSB you may be in for a shock

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my experience with LLOYDS is the horrible..they froze my off shore account ..I was with them for 23 YEARS ...16 years off shore..my accounts are practically dormant since 2005/2006..almost no transactions yet accounts got frozen and under''invastigation''..AVOID LLOYDS OFF SHOREE
1 - 9 more to go

You do realize you are answering something started 5 years ago?
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  #24  
Old 14.03.2016, 00:25
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Re: If you have an account LloydsTSB you may be in for a shock

Well, now that this thread has been revived...
As I understand it, the UK banks now say that if someone moves away from the UK, the bank has to close the account. Is this true? If so, what do folks do who are correctly declaring and registereing their domicile as outside of the UK, but who still have need of banking transactions in the UK in GBP?
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  #25  
Old 14.03.2016, 00:34
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Re: If you have an account LloydsTSB you may be in for a shock

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Well, now that this thread has been revived...
As I understand it, the UK banks now say that if someone moves away from the UK, the bank has to close the account. Is this true? If so, what do folks do who are correctly declaring and registereing their domicile as outside of the UK, but who still have need of banking transactions in the UK in GBP?
No problem at all.

Opening an account is more difficult, I spent 2 hours with a Bank last week opening a new account.
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  #26  
Old 14.03.2016, 08:15
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Re: If you have an account LloydsTSB you may be in for a shock

Haven't had problems with our UK accounts, but we had them before we moved. Haven't been able to open any new ones or change to other account types within the same bank though.
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  #27  
Old 14.03.2016, 08:39
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Re: If you have an account LloydsTSB you may be in for a shock

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Well, now that this thread has been revived...
As I understand it, the UK banks now say that if someone moves away from the UK, the bank has to close the account. Is this true? If so, what do folks do who are correctly declaring and registereing their domicile as outside of the UK, but who still have need of banking transactions in the UK in GBP?
Still got my UK account and I haven't lived in the UK since 1989. They are fully aware of where we live and have no issues with it.
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  #28  
Old 14.03.2016, 08:42
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Re: If you have an account LloydsTSB you may be in for a shock

Me too. still with the Yorkshire Bank. (Well there isn't a Lancashire Bank )
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  #29  
Old 14.03.2016, 09:03
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Re: If you have an account LloydsTSB you may be in for a shock

It's been very difficult to open new accounts for many years, although with Lloyds I could always open their online savings ones with no problem, to switch to better interest rates as existing ones expired. They've stopped that now as well and informed that no new accounts may be opened as a non-resident. I thought there were moves a few years back to start opening up the 'single market' for financial services in Europe - it appears not.
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  #30  
Old 14.03.2016, 10:44
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Re: If you have an account LloydsTSB you may be in for a shock

I have a LloydsTSB current account which I use only for my UK affairs (UK visits and occasional online shopping in GBP). It's usually dormant, but I still like to keep it just in case.

I have a standing order from a friend to me, and me to him, for one Pound a month. This technically keeps the account away from an official "dormant" status.

The account is also registered in my friend's UK-address, which makes it free.

To be on the legally correct side, I always declare the account when doing my Swiss taxes (even though there's usually only a few hundred Pounds, nothing noteworthy).

Easy Peasy.

I´d love to officially change my address with them, but I heard too many contradictory stories. Sometimes a foreign address is simply updated, sometimes this leads to all sort of trouble including account closure. So I´ll just leave it as it is.
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  #31  
Old 14.03.2016, 14:11
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Re: If you have an account LloydsTSB you may be in for a shock

Three years after I moved to the US, Lloyds froze my account, citing "inactivity" as their reason. To reactivate it, I had to make a personal appearance at the the branch at which I opened my account. I still haven't made it there a decade later.
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  #32  
Old 14.03.2016, 14:18
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Re: If you have an account LloydsTSB you may be in for a shock

My account is with Nationwide abd I've changed my address with them six times and lived in four different European countries and it has never been an issue.
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  #33  
Old 16.03.2016, 00:07
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Re: If you have an account LloydsTSB you may be in for a shock

That sounds horrible. Close it. I have been keeping my HSBC uk account with little balance, and it is still working fine
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  #34  
Old 16.03.2016, 00:49
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Re: If you have an account LloydsTSB you may be in for a shock

Has anyone tried monese.com?

They give local UK current accounts to all residents of the EU.

Only drawback is that they don't support direct debit yet, but promised to introduce this "soon".


I have on experience with them though.
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