Best way to close a British bank account and bring cash back to US
Dec 15th, 2012, 10:31 AM
#21
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The problem with taking the money out at ATMs in the US is that, unless she decides to keep the account it will be impossible to withdraw the exact balance of the account.
If she decides to keep the account she needs to check on any fees, and how long HSBC will let the account sit dormant before they decide unilaterally to close it.
If she decides to keep the account she needs to check on any fees, and how long HSBC will let the account sit dormant before they decide unilaterally to close it.
Dec 15th, 2012, 10:32 AM
#22
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"Don't close the account! Leave a few pounds in it... one never knows when it might come in handy."
That might work if she maintains a UK address and keeps the account active. If she doesn't, where would the bank send the statements? After a period the account would be declared dormant and she would lose the money. I doubt they would be willing to send correspondence to a foreign address unless the account was set up expressly for that purpose.
That might work if she maintains a UK address and keeps the account active. If she doesn't, where would the bank send the statements? After a period the account would be declared dormant and she would lose the money. I doubt they would be willing to send correspondence to a foreign address unless the account was set up expressly for that purpose.
