Bank Account

Gen E
New Member



Joined: 15 Jul 2004
Posts: 4

Posted: Sat May 20, 2006 11:14 am

 

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Here's the problem: When I moved back to Canada, I kept my English bank account open because I have plans to return back to the UK to live on an ancestry visa (first time was through a working holiday permit) in a year's time. Is it wise to keep it open or should I just close it? I had quite a hard time getting it in the first place, but I don't know about a) taxes or b) if it's legal to have an account if I don't actually live in England. Thoughts? Suggestions? Help!

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oohmercyme
Moderator



Joined: 21 Mar 2004
Posts: 312
Location: London, England

Posted: Sat May 20, 2006 3:15 pm

 

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I don't know if it affects anything like tazes either, but after what I went through to get a bank account here, I don't think I would ever close mine!

Good luck!
_________________
Lori

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Blue and White Army
Senior Member


Back to Vancouver in March!

Joined: 10 Dec 2003
Posts: 110
Location: West Sussex, UK

Posted: Wed May 24, 2006 3:46 pm

 

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Leave it open. The red tape over here is incredibly complicated, all in the name of security - yet there are no checks or balances for once you get past the first stage of these things.

Honestly, you could keep it open until 2012, and they couldn't care!

Helps that the building societies don't charge monthly fees over here!

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Kootenai
New Member



Joined: 31 May 2006
Posts: 6
Location: Duesseldorf

Posted: Wed May 31, 2006 10:09 pm

 

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I agree. Change your statements to e-statments, leave about 5 pounds (or some small sum) and leave it open. It is such an ordeal to open it.

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