Former OGC Nice manager Adrian Ursea has offered an insight into INEOS' ownership of a football club, explaining that impending Manchester United investor Sir Jim Ratcliffe is unlikely to get in the way of manager Erik ten Hag.
30.10.2023 - 14:57 / manchestereveningnews.co.uk
Barclays customers have been warned that they could lose their bank accounts if they no longer live in the UK.
Thousands of expats who have current or savings accounts with the high street bank could lose access as a result, unless they move their money as soon as possible. Barclays confirmed that it will write to customers informing them of the major change with six months' notice available.
While expats are still able to open a global account with Barclays, they must have a balance of £100,000 in order to avoid paying the £40 monthly charge. While customers abroad who have a loan or mortgage with Barclays won't see their product closed down, they will be unable to apply for any additional loans or remortgages, Wales Online reports.
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A Barclays spokesman said: “As a ring fenced bank, our Barclays UK products are designed for customers within the UK. We will no longer be offering personal current or savings accounts to retail customers with addresses registered with us outside of the United Kingdom, subject to limited exceptions. We are contacting impacted customers to give them advance notice of this decision and explain the next steps they need to take.”
If customers believe they're account was unfairly closed, they must complain to the Financial Ombudsman service. A spokesman for the Financial Conduct Authority told The Telegraph: “Banks may set their own requirements on country of residence for account holders and must comply with local law and regulation when serving customers outside the UK.
"Whether or not banks
Former OGC Nice manager Adrian Ursea has offered an insight into INEOS' ownership of a football club, explaining that impending Manchester United investor Sir Jim Ratcliffe is unlikely to get in the way of manager Erik ten Hag.
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