Closing Foreign Bank Accounts in the EU

We have a couple of cases which are taking longer than usual to close down because the deceased had a bank account in a European country. Although both countries are within the European Union, of which we are still full members, the banks in question are less than co-operative. In spite of our long-standing membership of the European Union, the fact remains that as far as legal systems are concerned, there is still an enormous gap between “the continent” and the United Kingdom. This is one area of law where Brexit will make no difference whatsoever.

If you are an executor and are having problems with closing down foreign bank accounts please do not hesitate to contact us for advice on what you need to do.

Spread the love

Leave a comment

Your email address will not be published.