Swiss aunt seeking UK bank account for sale of UK house proceeds prior to gifting to relatives.

Marchitiello

RonnieRoach said:

xylophone said:

I am assuming that the sale proceeds will initially be credited to the solicitor's client account.

Could she not give formal instructions to the solicitor to pay the proceeds out  as to ( eg )


50% to

My sister Mary Jane Jones of ....

25%

to my nephew John Brown of.....

25%

 to my cousin Anne Smith of....

Apparently not. 

As others have said maybe a non resident account in one of the Channel Island banks or, as UBS operates as regular retail bank in Switzerland (only Private Bank in the rest of the world), if she is already a customer or open a new account, she could also ask for an account to be opened For her in the UK for the specific purpose and/or open with them a GBP currency account. 

km1500

could the money be sent to one of the beneficiaries who would then distribute it to the other beneficaries accordingly?

RonnieRoach

km1500 said:

can the solicitor handling the sale help ?

We've asked, they can't unfortunately 

penners324

Gbp account in Switzerland and get the conveyancer to pay that