British Banking Industry: Britain's Lloyds banking group tells customers in the Netherlands their accounts will be closed

British citizens living in the Netherlands have been contacted by Lloyds banking group to say that their accounts are being closed because it cannot support them post-Brexit. According to advice from the Dutch central bank DNB, after 2020 it will not be possible for British banks to serve normal retail clients based in the Netherlands unless more agreements are made between the UK and the EU. However, some DutchNews.nl readers have already been contacted by Lloyds bank and the Bank of Scotland and been told that their accounts will be closed by the start of November – causing them anger, confusion and potential chaos. Lloyds has proposed to close current and savings accounts and repay the money in the form of a cheque, they have told DutchNews.nl. Angry

Read more at DutchNews.nl:

British citizens living in the Netherlands have been contacted by Lloyds banking group to say that their accounts are being closed because it cannot support them post-Brexit. According to advice from the Dutch central bank DNB, after 2020 it will not be possible for British banks to serve normal retail clients based in the Netherlands unless more agreements are made between the UK and the EU. However, some DutchNews.nl readers have already been contacted by Lloyds bank and the Bank of Scotland and been told that their accounts will be closed by the start of November – causing them anger, confusion and potential chaos. Lloyds has proposed to close current and savings accounts and repay the money in the form of a cheque, they have told DutchNews.nl. Angry

Read more at DutchNews.nl:

British citizens living in the Netherlands have been contacted by Lloyds banking group to say that their accounts are being closed because it cannot support them post-Brexit.

According to advice from the Dutch central bank DNB, after 2020 it will not be possible for British banks to serve normal retail clients based in the Netherlands unless more agreements are made between the UK and the EU.

 However, some DutchNews.nl readers have already been contacted by Lloyds bank and the Bank of Scotland and been told that their accounts will be closed by the start of November – causing them anger, confusion and potential chaos. Lloyds has proposed to close current and savings accounts and repay the money in the form of a cheque, they have told DutchNews.nl.

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Britain's Lloyds banking group tells customers in the Netherlands their accounts will be closed - DutchNews.nl