Just a heads up to all the expats in Europe that look in here.
My employer is taking the view that there will be no “passporting” arrangements for banking services from 1st January and are in the process of writing to thousands of customers to remove banking facilities and are in some circumstances recalling loans and mortgages.
Had a few clients on the phone this AM who own UK businesses but live in Europe and are not happy.
I don’t deal with retail banking so am not up to speed but understand some correspondence is going to the UK addresses and may not be seen in time if mail is not forwarded.
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