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I opened an account with HSBC France from my HSBC branch in the UK before Brexit. HSBC France has now been sold to another company so I don't know how this will
by rjsw 5y ago
I opened an account with HSBC France from my HSBC branch in the UK before Brexit. HSBC France has now been sold to another company so I don't know how this will affect the working of the accounts in future.
- traceroute66 5y ago> I don't know how this will affect the working of the accounts in future Was the account opened against a UK or French address ? If it was opened against a French address, then chances are things will continue as they are. It if was opened against a UK address, then sooner or later you'll probably be invited to do something about closing it. IIRC (but don't quote me !) the domicile of the account matters more than the resident status of the holder, since the latter is normally more of concern to the tax authorities than the banks.
- rjsw 5y agoThe French account is registered to a UK address. I was thinking more about whether the two accounts would be linked as closely in future. Right now, if I login to one account I can see the account balance of the other as well, transfers are just done in the same way as between two accounts in the same country.