Brits in EU slide into Brexit banking limbo as Barclays close accounts

Thousands of Brits residing in the EU have been knowledgeable by UK banks that their EU-based financial institution accounts will quickly be shut.

A spread of British banks, together with Barclays, have informed UK residents residing in the EU that they are going to now not be capable to have and use their account in member states, primarily in Spain, France and Germany.

They have been informed they’ll solely preserve their UK financial institution accounts if their everlasting tackle is in the UK, so if they’re deemed residing completely in Britain, in response to the worldwide information web site Expat.