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UK Savings Account Whilst Resident in the EU
prsnbx
Posts: 8 Forumite
We're currently resident in the EU and have rental income from our UK home that could do with being in a savings account.
Does anyone know of a bank or provider that will allow us to open and operate a savings account from overseas?
TIA.
Does anyone know of a bank or provider that will allow us to open and operate a savings account from overseas?
TIA.
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Comments
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https://www.nsandi.com/help/join-nsandi/using-nsandi-outside-ukprsnbx said:Does anyone know of a bank or provider that will allow us to open and operate a savings account from overseas?
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If you have more than £10,000 and are happy with holding an offshore account, Skipton International might suit.
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Other offshore accounts are available: https://moneyfactscompare.co.uk/savings-accounts/offshore-savings-accounts
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Have a look at HSBC as I think that they are one of the few that will let non-UK residents open an account although 1stDirect do not.
Also be aware that many of the alternatives are Jersey / Guernsey based and some EU counties have blacklisted them and apply higher tax rates to interest earned in them.Sorry I can't think of anything profound, clever or witty to write here.0
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