Barclays Bank Asks Nigerians With Less Than £100,000 To Close Accounts

Barclays Bank has asked expatriates including Nigerians, with less than £100,000 deposit to close their accounts.

In a letter, the bank informed the customers that would be affected by the policy of its decision, to raise the minimum client balance requirement for international banking service.

“The new minimum level will now be £100,000. Top up your savings and investments to £100,000 or more before 1 August 2017, to continue with the service, or close your account and transfer your monies to another provider without charge,” the letter read.

“We understand that you may be disappointed by this and we will aim to offer you as much assistance as possible during this transition period.”

In 2013, the bank announced that it would focus on 70 countries globally and customers in those that are not considered as core as others.

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Posted: at 3-08-2017 06:17 AM (6 years ago) | Addicted Hero

People were warned as far back as 2013 that this would happen. That's ENOUGH WARNING TIME.

Customers not considered as "core" such as NIGERIA, and expats who live in CYPRUS, GREECE, MALTA etc will have heir accounts closed. 

Banks are NOT there for your OWN interest but theirs. They will do anything to maintain their PROFIT margins. If you think that banks or BANK MANAGERS are your FRIENDS - you are deluding yourselves.

Just take YOUR business ELSEWHERE!

Posted: at 3-08-2017 07:11 AM (6 years ago) | Gistmaniac

HAHA...THIS IS FOR PEOPLE WITH PLENTY MONEY

Posted: at 3-08-2017 09:40 AM (6 years ago) | Hero

I HOPE AM QUALIFY BECAUSE I LEFT 200.000 FOR MY ACCOUNT BEFORE I WENT TO SEE BUHARI

Posted: at 3-08-2017 10:50 AM (6 years ago) | Gistmaniac