Monito's tip is to open a TransferWise Borderless Account which gives you UK bank details (among others) to pay and get paid like a local and a Debit card to spend in multiple currencies (including GBP). Other country guides: How to open a bank account in the US, Canada or Australia as a non-resident. Once you’re in the UK, you’ll have to visit a branch with your reference number, passport and proof of address in order to activate the account. Mobile phone bills are generally not accepted. You'll need some photo ID (driving licence or passport) and proof of address (usually a utility bill or mortgage statement). Most banks actively target students in the hope that once you’ve graduated and start making money, you’ll stick with them. With Monzo or Monese, you can open a UK bank account with just a few clicks. Proving your identity is simple. Your nationality will also play an important role. We might also need to see a proof of address, such as: a Drivers Licence, Utility bill, Bank statement or Tax document Please make sure the documents you use exactly match the information you enter in your application. Opening a bank account in Canada can be difficult if you’re not a resident but not impossible. The basic current account is ideal for the essential day-to-day banking. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content in this publication. You can get a basic current account at no monthly cost from most high street banks. Opening a bank account is very easy, even if you have just arrived in the UK. Using a service like TransferWise’s Borderless multi-currency account could save you plenty of money in the long run. Whether you are moving as a student to attend university, for a new job or to look for work, you may want a local bank account in order to get yourself set up. If you don't have a proof of address yet, here's what TransferWise says: "You can then choose to either supply a proof of address from a standard list of documents, or to send in a selfie, in which you’re holding your proof of ID. This is generally a recent utility bill, rental contract, council tax bill. Either way, it’s a good idea to get in touch with customer support before you try opening an account. Let’s have a look at what each of them have to offer. Broadly speaking, these include: a tenancy agreement or mortgage statement; a recent electricity or gas bill (less than 3 months old); a recent (less than 3 months old) bank or credit card statement that’s not printed off the internet; or. You can also choose between 3 useful offers by the bank: Amazon Prime Student membership, National Express Coachcard or a tastecard.⁸, If you’re just starting a business, you can choose NatWest’s Startup account which offers free financial services for the first 18 months. The proof of address detail is often where people moving to the UK from abroad often hit a wall. Very often, you’ll have to make a big initial deposit and commit to paying in a minimum amount of money each month. Whether you’re thinking of moving to the UK or you’ve arrived there already, at some point you’re going to need a bank account. Monese is an entirely mobile bank, enabling you to do everything from the Monese app. Evidence you need to open a bank account For those without a passport or driving licence, there are other forms of identification that should be accepted. This one offers up to 3% cashback on household bills and 0.60% gross variable interest, on balances up to £20,000.¹² Unfortunately, you’ll need to undergo a credit check when you apply for this account, so if you’re new to the UK you probably won’t qualify. In general, if you are a foreign national your best bet is to use your passport — EU national identity cards are usually accepted (though how this works after Brexit takes effect is anyone’s guess), but if you are from, say, Australia, your home drivers license may not be accepted. Proving your identity is simple. If you’re a student, you'll get a free overdraft of up to £2,000 for three years. You don’t have to wait until term starts to set up your account either so once you’ve arrived in the UK it would be wise to put this near the top of your list of things to do. It includes a free overdraft of up to £3,000 for three years and a contactless debit card. The one with the £0-£3M turnover is free for the first 12 months. You can also transfer money into 15 different currencies (including Euros and US Dollars) at the standard mid-market exchange rate. We compare and review more than 350 money transfer operators, to help you find the best option for each of your international transaction. And in case you heard horror stories about setting up a UK bank account, don’t worry too much. Online bank accounts are great if you simply need to have an account in Pound Sterling with a UK account number and sort code, and many, like TransferWise’s Borderless Account, also offer debit cards. All the information about opening a bank account in the UK you will find in our blog post. Some banks will also charge you a monthly fee in addition to these requirements. Unlike Monese, Monzo only offers one type of account. It’s probably easier to open a bank account if you’re an EU national than when you’re from a country outside the EU. Global Impact Finance LtdAvenue de Montchoisi 351006 LausanneSwitzerland, How to Open a Bank Account Online in the U.S. NatWest also has excellent student and business accounts. What is the best UK bank account for non-residents? It used to be notoriously tough to get an account, but it’s recently become more straightforward. To open a UK bank account, you’ll need two documents: one to prove your identity and one to prove your address. You may also be able to do this via internet banking. In order to open a UK bank account, you generally need two things: How to open a UK account without proof of residency. ¹º, TSB’s student account offers overdraft protection of up to £1,500 and 4.89% gross variable interest on the first £500.¹¹. The company has relationships with several traditional banks including Lloyds and HSBC and facilitates an introduction to the banks, enabling you to open a UK bank account without the usual proof of residency documents like a utility bill. In this section, we walk you through the process. Proof of address ensures that a bank account is not opened under a false identity. 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