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Allow UK expats, the right to continue to hold a UK bank current account.

Submitted on Tuesday 22nd September 2020

Rejected on Friday 16th October 2020

Current status: Rejected

Rejection code: irrelevant (see below for details)

Petition Action

Allow UK expats, the right to continue to hold a UK bank current account.

Petition Details

The Government should introduce legislation, or other appropriate measure, so that UK citizens living in the EU will have the same banking rights as EU citizens living in the UK after the end of the transition period on 31 December 2020

Additional Information

The potential closure of the bank accounts held by UK expats living in the EU is linked to the issue of the "passporting" of financial services by UK financial institutions trading in the EU. At the time of writing this petition no agreement on "passporting" has been reached. Failure to do so will create serious difficulty for some 1 million expats living in EU countries, many of whom rely on their UK bank accounts for day-to-day financial transactions. If necessary this aspect of retail banking could be resolved as a separate issue from the wider sphere of commercial finance.

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This petition was rejected

The Government e-Petitions Team gave the following reason:

We can't accept your petition because the UK Government and Parliament aren't responsible for the issue you raise. This will be a decision of individual banks in consutlation with the states in which people are living.

You could start a petition calling for the UK Government to seek to negotiate continued passporting rights as part of any deal with the EU, if that's what you'd like to see happen.

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