Brexit

Following the June 2016 referendum vote to leave the European Union (EU), the UK Government started the exit process by triggering Article 50 of the Treaty on European Union in March 2017. The UK exit from the EU is being referred to as ‘Brexit’. Our number one priority is to serve and support our customers.

On 25 November 2018 the European Council announced that the EU and the UK signed a Withdrawal Agreement for the UK’s departure from the EU. The Withdrawal Deal needs to be approved by member states and the UK & European Parliaments.

The European Council has agreed to extend Article 50 until 31 October 2019. If an exit agreement is reached prior to 31 October 2019, the UK government has the option to leave the EU at that date.

Our Brexit planning continues unchanged. This is because we have been preparing for a number of scenarios including a no deal scenario to ensure we can continue to support our customers.

We will continue to monitor the situation and regularly review our plans to ensure we’re ready for Brexit, our aim is to support customers with the same level of service and range of products as we do today.

What this means for you
There are no immediate changes to your everyday banking services while the UK remains a member of the EU. We are closely monitoring the situation and we’re committed to providing you with as much notice as possible should any changes be required. Our aim is to continue to provide you with the same level of service and range of products as we do today. For further information please go to your bank’s ‘Brexit Hub’.

What this means for your business
Regardless of the outcomes of the Brexit negotiations, we are committed to helping you and your business succeed. With our expert knowledge, we’re here to support you with the opportunities and challenges that Brexit could potentially bring to your business. For further information please go to your bank’s ‘Brexit Hub’.

 

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