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 offshore savings account after discharge?
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daikon
Starting Member

3 Posts

Posted - 01 September 2009 :  10:49:39  Show Profile  Reply with Quote
Hi there,

I was recently discharged from my bankruptcy. I live in Japan, and declared myself bankrupt (via power of attorney) at the High Court in London. It was definitely the best decision for me in my situation, and now I have been automatically discharged after 1 year, with no problems.

I'm just wondering if its possible for me to get some kind of sterling bank account- Sometimes, relatives or friends send a small amount of money for the kids birthdays etc to me by cheque, but I don't know how I can bank this money. Of course I could ask them not to send in this way, but not all the family knows my financial situation, and its easier if it remains that way, really.

So, what I'm wondering is if it is possible to open a UK savings account as a non-resident, or if offshore accounts like those in the Isle of Man provided by Nationwide or other banks are likely to refuse a savings account because of my credit history.

Its a bit of an obscure question I guess, just wondering if anyone has any experience of this.

Thanks in advance
Matt

Melanie.n
forum expert



United Kingdom
1282 Posts

Posted - 01 September 2009 :  17:12:58  Show Profile  Reply with Quote
There is absolutley nothing wrong with you opening a savings account post bankruptcy whether in the UK or abroad

Congratulations on taking control of your debt situation and getting through your bankruptcy to discharge

Melanie Nicholas
28 years insolvency experience - 23 of which in the Insolvency Service
- Insolvency Manager
Jones Giles
email me at melanienicholas@jonesgiles.co.uk
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