Brexit for retail clients

Consequences of Brexit for retail clients

The consequences of Brexit for retail clients based in Luxembourg  depends on the outcome of Parliamentary discussion in the UK and on the final vote in UK Parliament, i.e. if the deal negotiated between the UK and the European Union (EU) will finally be accepted or not.

The measures in this area are different from one bank to another, depending on their specific services. We advise you to check this with your bank.

Banks are taking the necessary measures to keep payment transaction in Euro continue as usual. This is particularly relevant for wire-transfers, direct debits and payments with debit cards, as well as payments in British Pounds or other non-Euro currencies.

Frequently Asked Questions

Payments and bank transfers

You and your bank

Brexit Frequently Asked Questions for retail clients

Additional information

Contact

Gilles WALERS, Legal Adviser –  walers@abbl.lu – Tel. +352 46 36 60-1

Brexit preparedness for professionals

Preparedness for professionals

Contact

Association des Banques et Banquiers, Luxembourg

Address

12, Rue Erasme L-1468 Luxembourg

Phone Fax
Opening hours

Monday to Friday from 8:00 to 17:30.