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{"id":124,"date":"2021-10-25T04:24:05","date_gmt":"2021-10-25T04:24:05","guid":{"rendered":"https:\/\/britishexpatriates.com\/?p=124"},"modified":"2021-11-11T13:57:54","modified_gmt":"2021-11-11T13:57:54","slug":"banking-abroad","status":"publish","type":"post","link":"https:\/\/britishexpatriates.com\/index.php\/2021\/10\/25\/banking-abroad\/","title":{"rendered":"Banking Abroad"},"content":{"rendered":"\n

Banking Overseas<\/h2>\n\n\n\n

Banking overseas is frought with problems due to internet connectivity, security & fraud. <\/p>\n\n\n\n

Setting up expat banking is one of the first things on a jobs-to-do list when you move overseas!<\/p>\n\n\n\n

\"\"
expat banking & security<\/figcaption><\/figure>\n\n\n\n

How Many Bank Accounts Do I Need?<\/strong><\/p>\n\n\n\n

At least three!<\/span><\/strong> A UK account, a local bank account in your new country of residence and an offshore bank account.<\/p>\n\n\n\n


\n\n\n\n
  1. If you are moving overseas, DO NOT<\/strong> close your UK bank accounts<\/strong>. You will need them in the future for many reasons.<\/li>
  2. You will need a local bank account<\/strong> in the country you are moving to. This is to pay local bills and set up direct debits if possible.<\/li>
  3. You will need an offshore account<\/strong> to hold all your monies. Offshore accounts in stable jurisdcitions such as the Isle of Man are suitable, reliable places to set up an offshore bank account to protect your money.<\/li><\/ol>\n\n\n\n

    Speak to a financial specialist <\/a>who can guide you through the process of setting up the right UK and overseas accounts for your needs. <\/p>\n\n\n\n

    \n
    <\/div>\n\n\n\n

    Let\u2019s Connect.<\/p>\n\n\n\n

    <\/div>\n\n\n\n
    \n
    \n

    Contact an adviser today!<\/a><\/p>\n<\/div>\n\n\n\n

    <\/div>\n<\/div>\n\n\n\n
    <\/div>\n<\/div><\/div>\n\n\n\n

    <\/p>\n","protected":false},"excerpt":{"rendered":"

    Banking Overseas Banking overseas is frought with problems due to internet connectivity, security & fraud. Setting up expat banking is one of the first things on a jobs-to-do list when you move overseas! How Many Bank Accounts Do I Need? At least three! A UK account, a local bank account in your new country of… Continue reading Banking Abroad<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/britishexpatriates.com\/index.php\/wp-json\/wp\/v2\/posts\/124"}],"collection":[{"href":"https:\/\/britishexpatriates.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/britishexpatriates.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/britishexpatriates.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/britishexpatriates.com\/index.php\/wp-json\/wp\/v2\/comments?post=124"}],"version-history":[{"count":3,"href":"https:\/\/britishexpatriates.com\/index.php\/wp-json\/wp\/v2\/posts\/124\/revisions"}],"predecessor-version":[{"id":130,"href":"https:\/\/britishexpatriates.com\/index.php\/wp-json\/wp\/v2\/posts\/124\/revisions\/130"}],"wp:attachment":[{"href":"https:\/\/britishexpatriates.com\/index.php\/wp-json\/wp\/v2\/media?parent=124"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/britishexpatriates.com\/index.php\/wp-json\/wp\/v2\/categories?post=124"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/britishexpatriates.com\/index.php\/wp-json\/wp\/v2\/tags?post=124"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}