From the British High Commission:
Some of our UK nationals in Cyprus may
have seen recent media coverage about some UK banks’ decision to close accounts
belonging to EU/EEA residents, and we wanted to share the latest information.
Whether UK banks can service
EEA-based customers after the end of the UK Transition Period is a matter of
local law and regulation in each country, and may be impacted by how firms are
set up and what steps they have taken to continue to serve customers. We expect
UK banks to comply with the law at all times.
If you are affected, your provider
will contact you directly.
As we are unable to provide any
financial advice, you should contact your bank or an independent financial
adviser if you have any questions.
More information is available from
the UK Financial Conduct Authority here: https://www.fca.org.uk/consumers/how-brexit-could-affect-you
