FIT's Payments Abroad..

[jon@solar]

Does anyone know if you can receive FIT's payments in to a foreign bank
account , I've been asked the question and can't find any clarification..
still waiting for a reply from E-ON and DECC..?? Thanks

 

[dansk]

Does anyone know if you can receive FIT's payments in to a foreign bank
account , I've been asked the question and can't find any clarification..
still waiting for a reply from E-ON and DECC..?? Thanks

Thats down to you and the company who the FiT contract is with, i'd be surprised they would - i guess they would issue a cheque TBH.

 

[TedM]

Can't think that there is any legal reason why not assuming the account is able to receive GBP. Possibly there is some 'money-laundering' legislation that could apply, as that seems to be everywhere now.

But the existing admin processes in the electricity supplier may make it difficult to get them to agree to it.

 

[Worcester]

It's just that foreign bank transfers use SWIFT or IBAN, you can't do BACS to it.

So iI very much doubt that they would, however you can have multiple personal bank accounts with someone like HSBC and access them form wherever. - Make it easy for them and they'll do it.