Barclays Bank has asked expatriates, including Nigerians, with less than £100,000 deposit to close their accounts.
In a letter dated June 12, 2017, the bank informed the customers
“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.”