Brits in EU slide into Brexit banking limbo as Barclays, Lloyd’s and Halifax 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 variety of British banks, together with Barclays, Halifax and Lloyd’s, have instructed UK residents dwelling in the EU that they’ll not be capable of have and use their account in member states, primarily in Spain, France and Germany.

They have been instructed they’ll solely hold their UK financial institution accounts if their everlasting deal with is in the UK, so if they’re deemed dwelling completely in Britain, in accordance with the worldwide information website Expat.