Kibkom North Cyprus Forum

No sympathy for those ex-pats that voted or wanted Brexit.
Wallow in your self-gratifying penniless existence now knowing the consequences you caused!

Very much looking forward to 1st January 2021 when the UK can engage with our partners & friends around the world instead of being shackled and dictated to by a failing, corrupt and dead man walking european experiment about to implode.

Of course!
It'll be so refreshing to be shackled and dictated to by a failing, corrupt and dead man walking UK government.
Wake me up when we get to the sunlit uplands.

The U.K. has left the EU. Nothing can change this.

At the end of this year the transition period will end, with or without a deal.

The U.K. will have challenges for sure, however the EU will have the bigger challenge after having lost the U.K. and trying to hold things together. The EU needs to reform. Without change other member states will look to leave.

Bomdas wrote: ↑

Sat 19 Sep 2020 9:17 pm

Of course!
It'll be so refreshing to be shackled and dictated to by a failing, corrupt and dead man walking UK government.
Wake me up when we get to the sunlit uplands.

We can vote out a crap UK govt.

You have no say in a crap EU mafia.

Taking back control means just that.

Take heart, it only takes 5 years to get rid of a crap UK govt and vote in a new one!

Brinsley re message 2, dont be so bitter, it will destroy you!

Hedge-fund wrote: ↑

Sat 19 Sep 2020 10:37 pm

We can vote out a crap UK govt.

You have no say in a crap EU mafia.

Taking back control means just that.

Control? In your lurid dreams.
I have no say in a crap UK mafia. Never ever voted for Chris Grayling, 'Honest Bob' Jenrick, Pritti Vacant, or even that narcissistic lying philanderer ...
Perhaps you can guess which one!

Hedge fund...well said I too can sees better future in the long term for the UK after January 1st. The EU vision is in decline, stick to you guns Boris and do not be bullied by the EU mafia.

Bomdas wrote: ↑

Sun 20 Sep 2020 7:22 am

Hedge-fund wrote: ↑

Sat 19 Sep 2020 10:37 pm

We can vote out a crap UK govt.

You have no say in a crap EU mafia.

Taking back control means just that.

Control? In your lurid dreams.
I have no say in a crap UK mafia. Never ever voted for Chris Grayling, 'Honest Bob' Jenrick, Pritti Vacant, or even that narcissistic lying philanderer ...
Perhaps you can guess which one!

Bit confusing.

You can't vote for a particular candidate if they are not running in your constituency - but the mps you mention would have won a fair election.

As for those lurid dreams - I blame the lack of a good cheese shop in the trnc.

Three cheers for Brexit and roll on December 31st!

Brinsley wrote: ↑

Sat 19 Sep 2020 8:32 pm

No sympathy for those ex-pats that voted or wanted Brexit.
Wallow in your self-gratifying penniless existence now knowing the consequences you caused!

Fingers crossed that the UK falls into dire poverty eh? Teach them to vote for something you didn't want.

"A fair election", gets my vote - oxymoron of the day!. 67.2% voted for it and 32.7% voted against it. It took another 41 years to change to 51.9% for and 48.1% against - wonder why?

Sometimes it takes a while before the penny drops.

waddo wrote: ↑

Sun 20 Sep 2020 11:12 am

"A fair election", gets my vote - oxymoron of the day!. 67.2% voted for it and 32.7% voted against it. It took another 41 years to change to 51.9% for and 48.1% against - wonder why?

The 1975 vote was to stay in it not go in it. Big difference as people usually vote for the status quo but luckily in 2016 they realised that voting to remain wasn't to vote for a status quo.
There was a MORI poll the day after we actually joined the EEC and it came down to a third for a third against and a third don't know.

Hedge-fund wrote: ↑

Sun 20 Sep 2020 9:43 am

Bit confusing.

You can't vote for a particular candidate if they are not running in your constituency - but the mps you mention would have won a fair election.

As for those lurid dreams - I blame the lack of a good cheese shop in the trnc.

Sorry you are confused.

I can't (and didn't) vote for the UK government, only for an individual on a list - NOTA would be useful!
In much the same way, I never voted for those in high office of the EU - just some lowly MEP.
Much the same system, but I had hoped that by having the corrupt politicians and government far away in Brussels we could abolish Westminster, or reduce it to some kind of regional council.

You brexiteers and kippers trod on my dreams.

Rees-Mogg now tells us it will take fifty years to get to the sunlit uplands, and for once I believe him.
Well, that's no bloody use to me, or to my kids.
My grandchildren will be old farts in fifty years time and my great grandchidren aren't around yet.

Never mind - that £350 million a week they promised will soon pay for a few respirators and gowns ... I wonder whether some Del Boy type has a lockup full of genuine Aston Martin ventilators yet?

I agree with you about the cheese, though.

Did anyone above listen to the BBC link?

jayceebee wrote: ↑

Sun 20 Sep 2020 4:50 pm

Did anyone above listen to the BBC link?

Yes.

It does appear to be accounts of those living in the EU without a UK address, and whilst Cyprus is in the EU, TRNC is "not really" as it's not recognised (sorry, can't think of a better term).
Has anyone living in TRNC had a problem with UK banks? I haven't, but I do have a UK address.

Bomdas wrote: ↑

Sun 20 Sep 2020 1:39 pm

we could abolish Westminster, or reduce it to some kind of regional council.

You brexiteers and kippers trod on my dreams.

Thankfully

I don't know what kippers are, other than a smoked fish. Is there another meaning?

Followers and former followers of the UK Independence Party, also known as fascists, racists and quite a few other things.

Bomdas wrote: ↑

Sun 20 Sep 2020 8:57 pm

Followers and former followers of the UK Independence Party, also known as fascists, racists and quite a few other things.

....and some people say people that voted out are the extremists.....

Bomdas wrote: ↑

Sun 20 Sep 2020 1:39 pm

Hedge-fund wrote: ↑

Sun 20 Sep 2020 9:43 am

Bit confusing.

You can't vote for a particular candidate if they are not running in your constituency - but the mps you mention would have won a fair election.

As for those lurid dreams - I blame the lack of a good cheese shop in the trnc.

Sorry you are confused.

I can't (and didn't) vote for the UK government, only for an individual on a list - NOTA would be useful!
In much the same way, I never voted for those in high office of the EU - just some lowly MEP.
Much the same system, but I had hoped that by having the corrupt politicians and government far away in Brussels we could abolish Westminster, or reduce it to some kind of regional council.

You brexiteers and kippers trod on my dreams.

Rees-Mogg now tells us it will take fifty years to get to the sunlit uplands, and for once I believe him.
Well, that's no bloody use to me, or to my kids.
My grandchildren will be old farts in fifty years time and my great grandchidren aren't around yet.

Never mind - that £350 million a week they promised will soon pay for a few respirators and gowns ... I wonder whether some Del Boy type has a lockup full of genuine Aston Martin ventilators yet?

I agree with you about the cheese, though.

I'm wasn't confused.

What you wrote was confusing.

And this even more so.

You hoped to reduce the UK to a regional council? You are a brexiteer's dream.

As I am, perhaps, historically one of the most prolific offenders in this regard, I very rarely do this, but I am calling

For anyone that didn't bother to read the link that I posted, it pointed to a BBC Moneybox piece about 'Expat Bank accounts being closed due to Brexit'.

Could we have your thoughts on that subject please? - and as little about fascists and kippers as you can manage

Yes, I've listened to it and it really is worrying. Perhaps that explains why our bank in a very sort of casual manner has asked twice to confirm our address and telephone number, both land line and mobile. I thought they were just trying to check if anything had changed in the last couple of years, but now I wonder? The thought of all the work involved (not to mention loss of money ) is horrifying. I don't doubt that somewhere buried in the font 3, pages and pages of paperwork that seems to flowing from my Bank this last month or so, , this information has been passed on to us, without us being aware and its not a pleasant thought at all.

Have already explained the current situation regarding North Cyprus and the EU to Nationwide and asked them what will/may change regarding banking with them post Brexit. They will reply but they never reply quickly to a general question so I wait. I will post the body of any reply that is pertinent to the current situation.

I wouldn't worry, at worst you may have to change your UK bank.
Some banks will no doubt not want to have expat accounts and some will see the opportunity to pick up some business and welcome them.
God bless the market economy

I wish you well in your endeavors Waddo. I tried to explain the situation many years ago to Royal Bank of Scotland viz-a-viz North and South Cyprus. (I also send copies of maps) It finally went as far as the Chief Financial Officer who wrote back in very strong terms that it was not the company policy to allow customers living in TURKEY to have a Credit Card. He explained that as Turkey was at the time in the top five of "card cloning" (it may still be?) and no amount of correspondence from me would change the Boards decision. I could approach the Ombudsman if I chose but this question had gone before him in the past and he had been in favour of the RBS . Good luck.

EnjoyingTheSun wrote: ↑

Mon 21 Sep 2020 8:31 am

I wouldn't worry, at worst you may have to change your UK bank.
Some banks will no doubt not want to have expat accounts and some will see the opportunity to pick up some business and welcome them.
God bless the market economy

I thought you couldn’t open a U.K. bank account unless you were resident.

Does that also apply to transferring an account, I wonder?

[/quote]
I thought you couldn’t open a U.K. bank account unless you were resident.

Does that also apply to transferring an account, I wonder?
[/quote]
If that is the case where are the pensions both private and state going to be paid.

If that is the case where are the pensions both private and state going to be paid.

It would be up to the recipient to arrange a suitable bank account - but there is no law that says that pensions cannot be paid into a Turkish or Cypriot Bank account - is there?

If this comes to pass, then its going to be an enormous leap of faith for many of us, who keep as little as possible in TC banks. Many years ago, the state pension department informed us that they were loathe to send money over i.e. lira account because of the cost of doing so (but I do understand circumstances have changed). ? Have to admit we didn't have a Sterling account in those days.

God bless the market economy. ETS you are so yesterday, it's Corporate Socialism thats the 'in thing' at the minute.

Medjoul1 wrote: ↑

Tue 22 Sep 2020 6:58 am

God bless the market economy. ETS you are so yesterday, it's Corporate Socialism that's the 'in thing' at the minute.

Is this Corporate Socialism?

https://www.youtube.com/watch?v=sqTxfzCvItw

We don't know how much we need to take or know what we want it for but you have it and we want it.

Or is it another one of those soundbites which try and sell a system that has never worked or will ever work?

Personally I'd rather someone keeps more of his money if he is building businesses and creating jobs and selling abroad.
Of course we could give it to professional politicians for them to throw at vanity products to guarantee votes at the next election and hope they might do some good.

Communism was designed by someone who wrote about poor factory workers who managed to leech off people all his life so avoiding the need to ever set foot in a factory.
It's classroom theory that has been given ample opportunity and failed miserably every time. No one who has ever been an ordinary person under it would ever want to experience it again.
Communist countries build walls to keep people in, capitalist countries build walls to stop them being swamped by people trying to come in.

Off topic. Whats communism got to do with it?
Walls are like beauty. In the eye of the beholder.

Oi !!

This is supposed to be about UK Banks closing Expat accounts...

If you want to discuss Communism, try knocking on the door of the Russian Embassy and shouting "Is Len in?"

Still nothing from Nationwide. However, a thought springs to mind. Has anyone opened a Turkish Bank account in London and had their pensions etc paid into it? As I have a Turkish Bank account here it should not be too difficult to merge both London and TRNC accounts - maybe?

waddo wrote: ↑

Wed 23 Sep 2020 8:23 am

Still nothing from Nationwide. However, a thought springs to mind. Has anyone opened a Turkish Bank account in London and had their pensions etc paid into it? As I have a Turkish Bank account here it should not be too difficult to merge both London and TRNC accounts - maybe?

viewtopic.php?f=8&t=44141&p=215724&hilit=Bank#p215724

Yes Waddo it can be done. We paid our solicitor via her Turk bank account in the UK and the payment was then transferred to her NC account and this was over 16 years ago. In the days HSBC had a branch in Girne we had a linked account with our account in the UK.

Maisiemoo wrote: ↑

Wed 23 Sep 2020 9:38 am

Yes Waddo it can be done. We paid our solicitor via her Turk bank account in the UK and the payment was then transferred to her NC account and this was over 16 years ago. In the days HSBC had a branch in Girne we had a linked account with our account in the UK.

How much does it cost to transfer money from UK Turk bank to TRNC Turk bank?

My understanding is you can have your state pension paid into a bank abroad BUT in the currency of that country. I wouldn’t want my state pension paid in lira for obvious reasons also their exchange rate is probably rubbish. I had considered trying to open a U.K. Türk Bank account from here to see if I could then transfer easily to a NC Türk Bank Sterling account. Has anyone done this?

Has anyone considered using Revolut (or Monzo, or one of the other new online Banks) as their main Bank Account?

I know that you can get your Pension paid into it - it's UK based, and you can use the card anywhere, & can make direct payments to anyone else with a Revolut account, it's easier to shift money around than using the traditional Banks and a lot cheaper.

Keithcaley wrote: ↑

Wed 23 Sep 2020 12:58 pm

Has anyone considered using Revolut (or Monzo, or one of the other new online Banks) as their main Bank Account?

I know that you can get your Pension paid into it - it's UK based, and you can use the card anywhere, & can make direct payments to anyone else with a Revolut account, it's easier to shift money around than using the traditional Banks and a lot cheaper.

A problem now is the cut on usage from 5000 a month to 1000 a month.

EnjoyingTheSun wrote: ↑

Wed 23 Sep 2020 1:26 pm

Keithcaley wrote: ↑

Wed 23 Sep 2020 12:58 pm

Has anyone considered using Revolut (or Monzo, or one of the other new online Banks) as their main Bank Account?

I know that you can get your Pension paid into it - it's UK based, and you can use the card anywhere, & can make direct payments to anyone else with a Revolut account, it's easier to shift money around than using the traditional Banks and a lot cheaper.

A problem now is the cut on usage from 5000 a month to 1000 a month.

That is for the 'Free' basic account of course - if you are going to use it because you are losing your traditional UK bank account you might consider it worthwhile to pay for one of the advanced accounts - and there's nothing to stop one's spouse from having one as well, which automatically doubles all limits...

Hi to all Expats
Your are welcome to send a pm to Turk Bankasi if you have any questions about transfer costs/ UK pension transfers. Alternatively you can send an email to Roseann Campbell at Turk Bankasi at: r.campbell@turkishbank.net

Thank you
Turk Bankasi

A question that comes to mind immediately is the limit one can have in an account in the event of a collapse. It used to be 20K Euro and there was no guarantee that you received all of that back, or if you did, the time frame involved. Its interesting that one bank has comes forward and I wonder how many others will do the same.

artistabroad wrote: ↑

Wed 23 Sep 2020 12:49 pm

My understanding is you can have your state pension paid into a bank abroad BUT in the currency of that country. I wouldn’t want my state pension paid in lira for obvious reasons also their exchange rate is probably rubbish. I had considered trying to open a U.K. Türk Bank account from here to see if I could then transfer easily to a NC Türk Bank Sterling account. Has anyone done this?

Good mornıng Artıstabroad

I sent you a message but can see ıt has not been opened yet.

Unfortunately you cannot open a Turk Bank UK account from here as you have to be resıdent ın the UK to open an account wıth them.

If you had a UK GBP account, then you can easıly transfer your pensıon or funds to a GBP account wıth Turk Bank usıng our Fast Cash product. (We have an advertısıng banner at the top of the forum page). Fast cash transfers take approx. 3 hours to reach your account.
The transfer amount lımıt ıs 3,000 GBP and the cost for each transactıon ıs :
£1-£500 £10 Per Transaction plus tax approx 60p
£501-£1,500 £20 Per Transaction plus tax approx 80p
£1,501-£3,000 £30 Per Transaction plus tax approx 1GBP

Thıs ıs also an ıdeal product for safe and secure UK Pensıon transfers wıthout the use of a dıfferent Intermedıary bank, as we use our own Turk Bank Branches ın the UK.

Regards

Turk Bankası

Turk Bank,

The system you offer to transfer from UK GBP accounts to Turk Bank is really good and fast and I make use of it myself - no complaints there at all.

However the problem on the horizon appears to be that to have a UK GBP Bank Account in the UK after the 1st of Jan 2021 you will have to reside in the UK (or at least have a UK address), this as some UK banks are now starting to withdraw services to overseas customers.

It is for that reason that I started to examine other methods of banking and to see if it was possible to open an account with Urk Bank in London - that would have allowed me to have all my pensions paid into the same (Turk Bank) as my accounts were held, albeit in different branches. I note that Turk Bank allow overseas customers to open an account with their London branch but sadly they need to have a considerable amount of money to place on deposit and in addition must have a Turkish ID card! To open such an account you don't even have to visit London but can do it all on-line - fantastic but not available to those without the requirements of large sums of money, hey ho such is life.

I will not be alone in this situation by the way, across the World there must be many thousands of UK pensioners that will suddenly find that the UK leaving the EU may have problems finding ways to access their incomes in the future.

Regards

'Expats face being cut off by UK banks' Times 30th September 2020

https://www.thetimes.co.uk/edition/news ... -vqxl7r7g7