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Don’t lose out on your UK pension and benefit payments

Make sure all your details are up to date and correct. | ULTIMA HORA

Madrid.—The British Embassy in Madrid yesterday warned that expatriates in receipt of UK pensions and benefits may soon be contacted by the Department of Work & Pensions to confirm their international bank details.
From 31 January 2014, the Department for Work and Pensions will need an International Bank Account Number (IBAN) and Bank Identification Code (BIC) in order to make payments to expatriates’ accounts in Spain and other Eurozone countries.

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