I currently live in the UK and i have an account at an online stockbroker platform called “Degiro” which is linked to my HSBC bank account.
Problem is that i am planning to move permanently overseas (to Cyprus) and i have the following issue:
Most banks in the UK don’t allow to hold a UK account if you don’t have a permanent residence in the UK. Also, the UK platform does not accept Cypriot Banks. Therefore i will need to change my nominated back account that i have linked with the platform and i was thinking to link my Revolut account.
Does anyone know if there will be any problems if i do that? Also, will there be any restrictions i.e. if i want to move £5000 from my Revolut account to a local bank account in Cyprus at any point?
Many thanks for your help