Step-by-Step Guide to Open a UK Bank Account as an Expat
Opening a UK bank account as an expat is a simple process similar to that of a UK resident. However, in some instances, it may take longer to open an account if you cannot provide proof of UK residency. In such cases, having alternative payment options or using other money transfer services is recommended.
To guide below will take you through the step-by-step process to open a UK bank account if you recently moved to the UK:
Gather required documents:
To open a bank account in the UK, you will need to provide proof of identity (passport), proof of address (which can be demonstrated through a recent utility bill, council tax bill, water bill, or driving license).
Choose a bank:
Research the different options available and compare the services and fees of each. Some popular options include Barclays, Lloyds, HSBC, and Santander.
Apply online or in-person:
You can either apply for a bank account online or visit a branch in-person. When applying online, you will need to provide the required documents via email or mail.
Set up an appointment:
If you choose to apply in-person, you will need to set up an appointment with the bank. During the appointment, you will need to present your documents and answer questions about your financial situation.
Provide reference information
You may need to provide information about references, such as a friend or relative who lives in the UK.
Wait for approval
The bank will review your application and decide whether to approve or deny it. If approved, you will receive instructions on how to activate and use your new account.
Transfer funds
Once your account is active, you can transfer funds from your home country to your new UK bank account.
Note: Requirements and processes may vary by bank, so it's important to check with each institution for specific information. It's important to carefully research and compare the options available and understand the specific requirements and processes of each bank before making a decision.