News story: UK banks to shut thousands of British expats' accounts

colsten · 3 January 2021 at 7:19PM

jsmith9 said:

Not sure if this would work, but could you open a NS&I direct saver or investment account? As an expat you are allowed to. You will get a sort code and account number (generic NS&I) and a ref number - maybe DWP can pay payments into one of these? I believe you can xfer cash from your NS&I account to overseas bank accounts.

You need a UK current account in order to hold an NS&I account.

jsmith9 · 3 January 2021 at 7:25PM

.... or a ns&i investment account ?

colsten · 3 January 2021 at 7:53PM

jsmith9 said:

.... or a ns&i investment account ?

Not sure where this is leading. This account can only be operated by post, which seems highly impractical at best of times.

Thrugelmir · 3 January 2021 at 9:01PM

colsten said:

jsmith9 said:

.... or a ns&i investment account ?

Not sure where this is leading. This account can only be operated by post, which seems highly impractical at best of times.

I operate all my NSI accounts online.

colsten · 3 January 2021 at 9:38PM

Thrugelmir said:

colsten said:

jsmith9 said:

.... or a ns&i investment account ?

Not sure where this is leading. This account can only be operated by post, which seems highly impractical at best of times.

I operate all my NSI accounts online.

In which case, you don't have the NS&I Investment account.