Post
by WRWR » Sat Oct 29, 2016 1:07 pm
From my personal experience:
1) ISA is available only for UK tax residents.
2) Savings accounts are available for UK tax residents too. I received letters from my banks explaining this change.
3) Looks like keeping current accounts is not prohibited. But you won't be able to open new ones. And your bank may ask you to close this account if they realise you're not resident anymore.
If you want to keep access to UK banking system (e.g. BACS transfers), consider opening accounts in International branches of UK banks. Those accounts are held in crown dependencies (Isle of Man, Jersey, etc.). Technically it is an overseas account and it is permitted for non-residents of UK. BACS, SEPA, direct debits and standing orders are fully available.