UK Pension but No UK Bank Account
Published / Last Updated on 29/08/2019
Foreign Bank Accounts and Pensions: Many UK pension schemes do not have the facility to pay pension lump sums or pension income into overseas bank accounts.
Always keep open a UK bank account. It is difficult to open a UK bank account if you have moved overseas.
You may end up having to transfer your pension in its entirety to a UK pension scheme that can pay lump sums or income to overseas accounts.
