Moving Abroad

There’s a lot to think about when moving abroad and settling into a new way of life. It can take a lot of planning just to arrange the move. It can be daunting adjusting to a new workplace, or moving your children to new schools, or making sure that your savings and investments will help to support your life overseas.

• How will you make the most of this opportunity? You may be considering life as an expatriate as a career choice, an exciting move that gives your earnings a major boost. This could be a good time to get expert advice on building a lump sum for your future needs.
• Could you improve your income with wise investments? You may be considering moving abroad as a lifestyle choice, a way to make the most of your retirement perhaps. It makes sense to create an investment portfolio that’s suited to your expatriate life now and also your future needs.
• Are your finances in good shape for future life events? You may be planning the financial security of your family, thinking about how to meet costs like school or university fees for younger members. Or there may be a wedding to plan, or a financially secure retirement to prepare for.

It may feel as if you’re leaving everything familiar behind, but remember that British banks may provide accounts for people living and working abroad. Don’t assume a local bank is your only option.

Opening a bank account overseas can be time-consuming and difficult, especially if you don’t speak the local language.

We can set up an international current account in Sterling, Euro and US Dollar before you move, so that you can access your salary immediately and pay your bills.

Transferring money internationally will generally incur charges and be subject to changes in currency rates.

We won't charge you for making international transfers and our commission-free Foreign Exchange services can help you manage currency fluctuations.

You will need to be aware of your tax liabilities and inform the tax authorities that you’re leaving the country.

All our Premier and Private Banking customers are eligible for an initial tax review with specialist Ernst & Young LLP and get a preferential rate for their services.

Setting up your banking and investment arrangements might be difficult abroad, especially if you don't speak the local language.

Our English-speaking advisors can help you with a range of international accounts and wealth management services before and after you move.

Make sure you’re aware of your tax liabilities and inform the tax authorities that you’re leaving the country.

All our Premier and Private Banking customers are eligible for an initial tax review with specialist Ernst & Young LLP and get a preferential rate for their services.

Work out which countries you’ll visit most and what currencies you’ll need.

Our international current accounts comes with Visa debit cards in Sterling, Euro and US Dollar so you can access your money from anywhere in the world. Eligibility criteria applies.

Choose an account that is easy to access and manage from anywhere you are – whether for checking balances or making payments.

All our accounts offer round the clock access to your money with Internet Banking and Telephone Banking with English-speaking advisors.

Consider protecting yourself and your family against unexpected events such as medical emergencies, accidents, loss and theft.

Our Premier International Account comes with worldwide travel insurance for you and your eligible family members.

We don't provide advice on travel insurance.

Travel insurance isn't available to US and Canadian residents.

Travel insurance terms and conditions (PDF, 261 KB)

Insurance product information (PDF, 151 KB)