top cx logo
cx logo
Explorearrow down
search icon

Building societies and non-residents

Why is it so hard to find a building society prepared to take our cash?

THERE must be many Brits like me who keep some pounds in the UK to fund visits, family presents, the Bank of Mum and Dad and so on.

Why is it so hard to find a building society prepared to take our cash? Nearly all of them confine themselves to UK residents only – Britannia and Chelsea are honourable exceptions.

Is there a list available of societies prepared to take our money? Also – my local taxman has just asked me to declare Premium Bond winnings for 2008. Be warned....

Barry COX, by email

A spokeswoman for the Building Societies Association said many building societies had small catchment areas and would exclude even people in the UK, let alone France. A central list of those that accept non-residents is not available.
The British Banking Association has a list of UK banks who open accounts for non-residents, although it looks incomplete –

Resident or second-home owner in France?
Benefit from our daily digest of headlines and how-to's to help you make the most of life in France
By joining the newsletter, you agree to our Terms & Conditions and Privacy Policy
See more popular articles
The Connexion Help Guides
featured helpguide
Income Tax in France 2023 (for 2022 income)*
Featured Help Guide
- Primarily aimed at Britons, covers pensions, rent, ISAs, shares, savings and interest - but also contains significant general information pertinent to readers of other nationalities - Overview of online declarations + step-by-step guide to the French printed forms - Includes updates given automatically after this year's site opened
Get news, views and information from France