.jpg){kind=avatar}
Customers who opened a bank account in the U.K. will have to transfer their deposits, spend everything with their card or withdraw money at an ATM, as all accounts will be automatically closed on April 15, 2020.
“The timings and framework outlined in the EU Withdrawal Agreement mean that the company will in due course be unable to operate in the UK with its European banking licence,” N26 writes in a statement. N26 users in other markets won’t be affected by this change.
https://techcrunch.com/2020/02/11/n26-exits-uk-market-following-brexit/
More posts by Faisal Kawar
