Opening a bank account in the UK
The opening of a bank account is the next important step for every newcomer in the UK. It’s a good idea to do a pre-marketing of the bank with which you plan to open an account and what account it offers because diversity does not always lead to quality. There are accounts that require monthly fees and offer additional services that not everyone would use. The fact is that when a person starts with a bank, he would rarely change it unless the bank forces him. When doing a survey, ask the people in the bank to provide you with a list of the required bank account opening documents. They usually are basically the same, but there are also some requirements for some banks.
Here’s more detailed information to help you find a bank account in the UK: Before a bank allows you to have any account, employees need to make sure you are the one you represent and that you live at the address you are declaring.
Most required documents.
The most important thing to open a bank account is to provide at least one solid proof of identity and domicile. Depending on the bank, you may need to have more documents. Banks know that newcomers in the country do not have all the documents.
So they will normally accept as proof of identity the following:
- ID card;
- Driving license.
Residence permit proving an address in the United Kingdom may be more difficult, but the following documents may be acceptable:
- Rental agreement;
- Driving license;
- A letter from your employer in the UK confirming your address Invoice for paid account in your name (gas, water, electricity, cable TV, home phone, council tax) not older than 3 months.
The bank may also want to show proof of your previous address or a permanent address in the country from which you come.
Your identity card or driver’s license may be accepted for this purpose. The bank may ask you for a written permission to obtain a report from you from a bank or financial institution in the country of your arrival. Because the requirements of the banks are different, it is not possible to tell exactly what documents they will require you to open an account. The best approach is to take as many documents as possible with you in advance.
buy motilium suspension Remember that banks usually only accept original documents, not copies.
One of the conditions for opening a bank account is to be able to handle the account opening interview yourself. Some banks may be more liberal and try to conduct an account opening interview with you, even if your English is too weak.
Some banks may allow you to have a translator with you, but others, such as Metro Bank, do not allow the use of translation services but require you to have good English knowledge and to be clear about everything that is explained to you during the interview.
For Nationwide, for example, even if the employee knows your language, the interview is still required in English. The time for opening your bank account depends on the particular bank, but if you have the right documents and everything goes smoothly, you will have it fairly quickly. Ask a bank location how much you will be waiting for. Currently, Metro Bank is the only bank that prints a card and gives a pin code on the day of your account interview. The other banks send the cards and pin the numbers by mail. Most British banks have special departments that deal with unusual applications. If your application is to be assigned to such a department, it will probably take longer to realize it. The bank staff will explain the application process and why it is necessary. They will also tell you the approximate time that is required for your application.
The banks’ requirements for who can have an account and what type of bankers they have are different in individual banks. It is, therefore best to stop at more than one bank and check what each of them offers.
If your bank notifies you that you can only open a basic bank account, you might want to stop it at least as a starting point. Some banks want to make sure that their clients can manage their account correctly before offering them with credit preferences. When planning to open a bank account, it may be helpful to take with you documents that prove that money will be transferred regularly to your account. If you find an account with no extras, then you can change it to one with more extras.
If you previously lived in the United Kingdom and had a British bank account, you will be asked for new documents by a new application from the bank. They have not lost your data, but you just have to keep them up to date. If you return to the UK after a certain period in which you have lived abroad, you will have to provide the bank with all the necessary documents again. It is helpful to talk with the bank branch manager you visited if you have any difficulties or issues related to opening an account.
Types of bank accounts in the UK?
The question of opening a personal bank account in the UK is no longer limited to what bank has lighter opening procedures, but to what each of them offers because the procedure for the opening of a bank account is the same.
watch The most popular banks are HSBC, Barclays, Lloyds, Santander, Halifax, NatWest, Royal Bank of Scotland and Co-Operative.