information for global expats

News Archive

Home » News » Barclays Warns Expats Of Possible Account Closures

Barclays Warns Expats Of Possible Account Closures

By Fernand Gagnier, for ExpatBriefing.com
23 July, 2015


Barclays Bank has disclosed that it may close expat's accounts in Cyprus if they do not maintain a minimum balance of GPB100,000 (USD156,000).

Expats in Cyprus have reported receiving letters from the bank warning that their account may be closed. According to media reports, Barclays may close accounts in as many as 70 countries.

The letter reportedly includes a deadline for account holders of September 11, 2015.

Tags: Wealth | Finance | Malta | Cyprus | Greece | Expat Services | Expats | Money Transfers | Pensions | Personal Finance | Wealth Management | Pensions





Leave A Comment




About | Useful Links | Global Media Partners | Media | Advertising And Sales | Banners And Widgets | Glossary | RSS | Privacy & Cookies | Terms And Conditions | Editorial Policy | Refer To A Friend | Newsletters | Contact | Site Map

Important Notice: Wolters Kluwer TAA Limited has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments. © Wolters Kluwer TAA Ltd 2017. All rights reserved.

The Expat Briefing brand is owned and operated by Wolters Kluwer TAA Limited.