Can I keep French bank account?

I have had an account with Crédit Agricole for over 10 years and it was opened with thoughts of buying a property in France. Now I do not think this will happen and I am only withdrawing cash from it on holiday. Will it be safe and uncomplicated to keep doing this in the case of Brexit or should I withdraw the money and close the account? C.B.

There is no reason to suppose that one could not keep a bank account open after Brexit.

Having said this, banks do sometimes behave in an individualistic manner, so one could not completely rule out the possibility that the bank requests that you close your account if you neither own nor rent property here.

Reader's query answered by Hugh MacDonald

The Connexion welcomes queries and regularly publishes a selection with answers. However, please note that we cannot enter into individual correspondence on money topics. Queries may be edited for length and style. Due to the sensitive nature of topics we do not publish full names or addresses on these pages. Send your financial query to news@connexionfrance.com

The information here is of a general nature. You should not act or refrain from acting on it without taking professional advice on the specific facts of your case. No liability is accepted in respect of these articles. These articles are intended only as a general guide. Nothing herein constitutes actual financial advice

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