London — Britons living in the EU could lose access to their UK bank accounts and businesses on the continent might be cut off from investment banks in London if there was a no-deal Brexit, the British government said on Thursday. In a document detailing contingency plans in the event of Britain leaving the EU in March with no transition deal, the government said unilateral action on several fronts could minimise disruption only up to a point. More than a million Britons living abroad might not be able to access their UK bank accounts to receive pensions and salaries. All Britons would face higher costs to make card payments in the EU when travelling abroad. The EU agreed this year to cap the fees retailers pay to process debit-and credit-card transactions. Without a deal between London and Brussels, the ban on cross-border surcharges would no longer apply. Britons living in the EU "may lose the ability to access lending and deposit services, insurance contracts", the document said....
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