Liverpool Lou
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UK bank or building society
Liverpool Lou replied to salavan's topic in UK & Europe Topics and Events
You're misinterpreting this somehow: No, I am not misinterpreting the Santander information. Nowhere does it state that it will not close non-UK resident's accounts. -
They do not put it on the front of their policies but they do state it very clearly and honestly in the normal policy conditions, there is nothing fraudulent about listing policy exemptions with the details of cover. That some people choose not to read what cover they have or deliberately decide to ignore it and take a chance is the problem of those people, not the insurers who are bound by industry guidelines as to how their policies and their conditions are laid out.
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UK bank or building society
Liverpool Lou replied to salavan's topic in UK & Europe Topics and Events
The OP's question was about banks that will not close the accounts of non-UK residents. Santander certainly does not document that they will keep non-UK residents' accounts open. -
UK bank or building society
Liverpool Lou replied to salavan's topic in UK & Europe Topics and Events
Well greased, I hope. -
UK bank or building society
Liverpool Lou replied to salavan's topic in UK & Europe Topics and Events
There's no such thing, they all can as they are all bound by the banks' (BoE?) rules that UK account holders are UK residents although relationships between banks and their customers can override some banks' decision to close accounts. It can be just a matter of time, though. You are going to get a few posts reporting that their bank has no problem with their location but that does not mean that the same attitude will apply to a new or recent customer...or even them in due course. -
Do you understand the concept of 'degree' ? If you offered a bribe to a roadside police officer here or in the USA which do you think is more likely going to end up with you being arrested? Do you understand the concept of "a little bit pregnant"? Should we high five because the US may be less corrupt than Thailand? The answer to your question doesn't alter the fact that all US systems are just as susceptible to corruption...and they are.