Barclays sets UK expats six month deadline to exit current or savings accounts

Mark Battersby
clock • 1 min read

Barclays said on 22 September that British people living abroad will no longer be able to hold a Barclays UK current or savings account, potentially impacting many expats around the world.  Its decision followed a review of its international offerings that began in 2021 when it decided to close accounts in certain jurisdictions.  Barclays is now sending out notifications to customers, providing them with a six-month warning before the closure of their accounts. Barclays said the UK products were designed for customers within the UK: "We will no longer be offering personal current o...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now


Already a International Investment member?