Will Monzo continue with accounts for UK citizens living in EU after 31/12/2020? thank you

yeah, that’s what I thought. Would be sad to leave Monzo.

Why you need Monzo if you live abroad?

Bills/subscriptions that still need to be paid at home that won’t take payment from a card/account from the current country of residence, want to keep some of your savings in your home currency, don’t want to spend time and effort re-opening accounts if/when you return, those are three possible reas…

This is my situation - I’ll be moving abroad in a few weeks time and without a Brexit deal that retains passporting rights I won’t technically be allowed to keep my Monzo, Starling or Barclays accounts. I’ve just opened a Santander account which should be able to keep providing service to EU based …

[image] anon9243092: I’ve just opened a Santander account which should be able to keep providing service to EU based customers. On the bright side, Santander have just started to offer some very basic budgeting features to their app.

If you retain a UK care of address on your Monzo account, your account won’t be closed.

I am in very similar one! Don’t think we can get away with address to keep an account, as banks want you to declare residency now. So will have to swap too, and correspondence I will manage. Did you consider HSBC?

I did but I’ve had real issues with HSBC in the past, and they typically want to put you onto a full expat package.

Unfortunately they can no longer cater to EU residents, so unless you retain both then they can’t legally serve you.

I think you miss the point of a care of address. Unless UK banks are not allowed to cater for EU citizens resident in the UK, then if you use a UK care of addresss Monzo will never know as your address is still in the UK. My bank accounts were for years at my mum’s address and not my personal addr…

Will Monzo continue with accounts for people living in EU?

UK Help

Revels 28 October 2020 15:26 16

Is this something that’s changed? Haven’t you always had to be a UK resident, regardless of EU changes?

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Will Monzo continue with accounts for people living in EU?

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