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Author Topic: "Heads Up" Number 2 for Retired Brits in KKC  (Read 715 times)

LungBing

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"Heads Up" Number 2 for Retired Brits in KKC
« on: August 04, 2016, 02:52:11 PM »
Nationwide International bank on the Isle of Man has announced they are to close next year.

So if you hold monies there or use them to receive your pension(s) and forward them here, then you will have to make new arrangements soon.

That means I have to contact three different pension providers and try and co-ordinate the changeover to the new account.

It is very hard to open a UK bank account if you do not have a UK address.  Fortunately I still have my old HSBC account so I will have to use that in future.  They seem to be happy with me living here, perhaps because I have had the account now for more than 45 years!  But I will take the precaution of changing my contact address to that of my sister's for most of  a year, just in case.