Written Question·Treasury·UIN 33625

Premium Bonds: British Nationals Abroad

Tabled: 25 February 2025

Answered: 3 March 2025

Question

Liz Jarvis

To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of introducing new methods for expatriates to receive access to premium bond earnings without a UK bank account.

Answer

Emma Reynolds

National Savings & Investments (NS&I) can only make payments to, and receive payments from, a UK bank or building society account in pounds sterling. Therefore, to save with NS&I, customers must have a UK bank or building society account in th...

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