Personal Business About Service status Coronavirus (COVID-19) Find a Store Help Log in Banking after Brexit Personal Ways to bank Banking after Brexit What leaving the EU means for your banking with us The UK left the European Union on 31 January 2020, and the transition period put in place at that time ended on 31 December 2020. There are a number of changes and new rules which will affect you, your family and your business from 1 January 2021. For our UK based customers, we don’t expect to see any immediate changes to your everyday banking with us, but we’re keeping a close eye on developments. UK regulations may be updated once the final relationship between the UK and the EU is decided, and we’ll make sure we let you know if anything does change which will affect your banking with us. We’ll be here to support you through any change. If you do have any questions now, we’ve provided some answers below, based on our current understanding of Brexit, so please look through them for further information. We will update them if anything changes. If you do need any further help, please get in touch with us on 0345 08 08 500 or visit one of our stores. You can see our opening hours here. Account Opening and Operation Will Brexit change the criteria for opening an account? Will EU nationals who are resident in the UK still be able to open current and cash accounts? I’m not resident in the UK. Will Brexit affect how I operate my account? Using My Accounts Outside of the UK Will I still be able to access online banking and my mobile app from other countries? Will I still be able to use my card and ATMs in EU countries? Will I be charged for using my card abroad? Deposit Protection Will the Financial Services Compensation Scheme (FSCS) still provide protection to deposits? Rate Changes Do you expect Brexit to affect the variable rates on my mortgage, lending or savings products? Payments Are there any planned changes to how I make and receive payments? Will payments from the UK to EU countries take longer? Are there any planned changes to SEPA or SWIFT payments because of Brexit? Business Banking I’m a business banking customer, will Brexit mean any changes to my banking with you? I have a business account and sometimes operate outside the UK. Will Brexit affect how I operate my account? More information on how Brexit could affect you or your business The Government has an interactive website called Get Ready for Brexit, and you can read its Brexit guidance for your business. UK Finance has put together a guide called Let’s Talk Business. The British Chambers of Commerce has created a Brexit Hub and produced a Business Brexit Checklist. The Financial Conduct Authority has created a webpage on How Brexit Could Affect You. Beware of Brexit Fraudsters We know that fraudsters are contacting people and taking advantage of worries and confusion around Brexit. They may try to trick you into moving your money, sometimes to non-sterling accounts, offering attractive exchange rates. Remember, we’ll never contact you to ask you do this, or we’ll never ask you for your full security details including password, one-time passcode or long card number. For more information on how to protect yourself and how to report any suspicious activity, please go to our Fraud and Security section here. Store Locator Careers Press Mortgage Intermediaries Investor Relations Developer site Modern Slavery Act Your eligible deposits with Metro Bank PLC are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme. Any deposits you hold above the limit are unlikely to be covered. For further information visit www.fscs.org.uk. Metro Bank PLC. Registered in England and Wales. Company number: 6419578. Registered office: One Southampton Row, London, WC1B 5HA. We are authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. Metro Bank PLC is an independent UK Bank - it is not affiliated with any other bank or organisation (including the METRO newspaper or its publishers) anywhere in the world. "Metrobank" is the registered trademark of Metro Bank PLC. Accessibility Legal Information Privacy Sitemap Copyright 2021 Metro Bank. All rights reserved We need your consent to continue We've put some small files called cookies on your device to make our site work. We'd also like to use cookies that send us information about how our site is used so we can improve our site. For more information, see our privacy notice Accept all Essential cookies only Customise my preferences