How to Set Up a Bank Account in the United Kingdom
The top five banks in the United Kingdom are HSBC, Royal Bank of Scotland, Barclays, HBOS and Lloyds TSB. You will find these banks in most high streets (main streets) throughout the U.K. and all of them are open to new customers.
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Instructions
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Get your identification together. Banks require two types: photo ID, which can be your passport or driver's license, and proof of address, which is a utility bill issued within the last three months.
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Research the banks and choose which one you would like to bank with. Each offers its own rewards, incentives and interest rates, and you want to find the right combination to suit your financial needs.
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Choose what kind of account you require. Most people have a current (or checking) account, while others will open a savings or investments account.
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Visit the nearest branch of the bank you prefer and talk to a customer information adviser. You do not need an appointment to open a new account. Ask questions and ensure that the bank offers everything you require for the long term.
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Fill out a new account application. Complete all fields and be honest with your responses. The adviser will photocopy your identification and ask you to sign an agreement.
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Discuss additional service options with the adviser, such as credit cards, ATM cards, Internet banking, direct debits and cheque books. Choose only those you need, as additional fees and terms may apply.
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Tips & Warnings
Visit the bank early in the morning or late in the afternoon to avoid lengthy queues, particularly if you live in a well-populated area.
Don't lie on your application. Details about your income and personal contact information must be correct to avoid legal repercussions.
References
Resources
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