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Pension payments to overseas accounts

Nov 26, 2020
The United Kingdom is due to leave the European Union (EU) on 31 December 2020. Once this happens, some UK banks will be closing accounts belonging to British people who now live in the EU.


To make sure that you can continue to receive your pension from the Railways Pension Scheme, you should check with your bank to find out if this affects you, if they haven’t been in touch with you already.

If your bank account is closing you will need to fill in what’s known as a ‘mandate form' with details of your chosen alternative bank. You can find the form you need here.

Please email the completed form (or a photograph of it) back to us as soon as possible, using the email address  csu@railpen.com. 

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