I have rather a lot of money sitting in my current account at the moment. It is more than DH and I are protected against losing if the bank goes bust. I need to move some to more than one new account in a range of different 'financial groups' asap, especially with the euro crisis pending I am becoming a bit paranoid!
Here is my situation:
About to move abroad in a matter of days. Sold our old house, bought another as an investment, put the remainder of our equity into existing bank account.
Need to keep British bank account open for practical reasons, and return visits, DDs for utilities on investment house etc, so have transferred the address on existing bank account to my mother's, (with full permission and knowledge of the bank in question) so she can forward any important paperwork.
Am currently living in my new house but have not been here long enough to have sufficient 'proof' that it is my address in the UK.
Can only open an account in my own name as my DH is already living abroad and cannot be here to co-sign account opening documents.
DH is happy for me to transfer money into accounts opened in my name only. Current account is joint, so I can do that no problem.
DH doesn't want to transfer the money into our new foreign bank account because we will lose through FX rates apparently.
I tried to open an account with a building society the other day and they would not allow me to do it as I do not have sufficient proof of being a UK resident with a permanent UK address. How the fuck do people who flit from home to home manage this? A savings account would be sufficient, I don't need a current account!
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28 replies
FellatioNelson · 26/09/2011 09:20
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