Having a DRO and moving country?

Mikeb1989

Hi i'm not sure i'm in the correct thread here so apologise if so,
So I have had my DRO for over a year now (Close to 14 Months) and I assume all my debts have been cleared as my situation hasn't changed in that time,
I have been looking for work for the past year and I have finally been offered a job but it's in the Netherlands, I really really want this job but Im slightly worried that when I try to open a dutch bank account I will have trouble like I have had in the UK since my DRO, Since getting my DRO I have only been able to open a account with OneBanking here in the UK and have been refused by all major banks that I have tried,
So my question is would I have trouble opening a bank account over there because I have had a DRO?

debt_doctor

Hi,


Whilst perhaps potentially they could check your UK credit file from the Netherlands, it's probably unlikely (although wouldn't mind an opinion from our on line Experian rep).
Unsure on whether having no credit history in the Netherlands might hinder a new bank account.
Best person to answer would be someone who has actually done it, as in all honesty we can only offer a best guess.


DD

National_Debtline

Mikeb1989 wrote: »

Hi i'm not sure i'm in the correct thread here so apologise if so,
So I have had my DRO for over a year now (Close to 14 Months) and I assume all my debts have been cleared as my situation hasn't changed in that time,
I have been looking for work for the past year and I have finally been offered a job but it's in the Netherlands, I really really want this job but Im slightly worried that when I try to open a dutch bank account I will have trouble like I have had in the UK since my DRO, Since getting my DRO I have only been able to open a account with OneBanking here in the UK and have been refused by all major banks that I have tried,
So my question is would I have trouble opening a bank account over there because I have had a DRO?

Hi Mike

If it's been 14 months since your DRO was approved then it will have run its course by now. There is no automatic notification sent to you when the "moratorium" period ends, so I would suggest that for peace of mind you search for your name in the Insolvency Register:

http://www.insolvencydirect.bis.gov.uk/eiir/

This should confirm that your DRO ended 12 months after it began. Your details will remain on the register for three months after that date before disappearing altogether.

As for opening a Dutch bank account, banks don't typically interrogate credit reports from other countries. If you are approaching a bank that also has a presence in the UK, they may run some internal checks for any activity you may have had with them in the past.

Requirements for opening bank accounts will vary from country to country but there are usually procedures in place to accommodate economic immigrants. The bank might ask for a letter from your new employer, for example. Why not speak to your prospective new bosses and ask them directly? I'm sure they will have had to deal with this sort of scenario before.

Regards

Dennis
@natdebtline