Changes to services for Skipton customers that are EU residents

From 11 January 2026, new EU regulations under the Capital Requirements Directive VI (CRD VI) will change how non-EU banks can provide core banking services such as savings accounts and mortgages to customers living in the EU.

Further CRD VI requirements take effect on 11 July 2026. From this date, Skipton International will no longer be able to offer certain products and services to EU resident customers.

Skipton International Announces Upcoming Changes to Services for EU‑Resident Customers Under CRD VI

Skipton International has announced a series of upcoming changes that will affect the products and services available to customers who are resident in the European Union (EU), following new regulatory requirements under the Capital Requirements Directive VI (CRD VI).

New EU Regulations Coming into Effect

From 11 January 2026, CRD VI introduces updated EU rules that change how non‑EU banks may provide core banking services such as savings accounts and mortgages to customers living in the EU.

Further CRD VI requirements take effect on 11 July 2026. From this date, Skipton International will no longer be able to offer certain products and services to EU resident customers.

Changes from 11 July 2026

As a result of the new regulations, the following restrictions will apply to customers resident in the EU:

• No new products may be opened from 11 July 2026.
• Fixed rate products will not be eligible for renewal when they mature.

These measures reflect mandatory regulatory changes and apply across all EU member states.

 

Skipton International has confirmed the cut‑off date for accepting mortgage and savings applications from customers resident in the EU, with the deadline set at 31st March 2026. Applications will continue to be accepted up to and including this date; however, we are unable to accept any applications submitted after 31st March 2026. From 11 July 2026, due to CRD VI regulatory changes, Skipton International will no longer be able to offer new mortgage or savings products or services to EU‑resident customers.

 

Supporting Customers Through the Transition

Skipton International is communicating these changes well in advance to give customers sufficient time to review their options and take any necessary steps before the new rules come into force.

Customers with questions or requiring assistance are encouraged to contact:

customer.services@skiptoninternational.com