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If you are moving abroad to live, then the short answer is no. O2 only allow 63 days in any 4 month period before they start charging you international rates. It's called fair use. Using an O2 phone abroad is for 'holiday use'.
https://www.o2.co.uk/roamfairuse
You would be better off using a local sim and letting everyone know your new number.
Remember you can keep in touch with people in the UK if you (and they) they use Messenger or Whatsapp over Wifi.
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Roaming restrictions only apply to EU countries, although this may change in the new year.
If moving outside of EU you can keep using your phone as much as you want as long as you pay the charges.
Cost of using your phone abroad here O2 International
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Banks will send verification texts to foreign numbers @Tleaves
Just update your contact number with them.
My French bank texts my UK number so it's not a problem.
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@Tleaves wrote:Thanks for that info , wasn’t aware of that .
if I moved my contract to pay as you go ( so at least I still have a UK number ) does that still apply . I’m thinking about banks etc that still need a uk number attached to them . I had heard that as long as I make a call every 6 months to keep the line active …
Keeping the line active (for PAYG) doesn't apply when you are moving abroad @Tleaves
Also international rates are expensive if you are on contract or PAYG. Depending where you are moving to.
As I said, far easier and cheaper in the long run to use a local sim.
and wifi to keep in touch with anyone back in the UK.
