first, the bank account opening process
1. Go to the bank in advance to make an appointment to apply for a card
Generally, you can't get it when you go for the first time, especially at the beginning of school, there are many children's shoes to apply for a card, so everyone should make an appointment and wait in an orderly manner. During the working days from Monday to Friday, from 9: 3 to 16: 3; Weekends are completely closed, of course, bank holiday (usually Monday) and large festivals are also closed.
2. Start to apply for a bank card
A bank staff member will browse through the information you have prepared, and then ask you what the reason is for applying for a card, and then you can judge the type of account you are suitable for opening. The staff will carefully help you input a series of materials to be filled in into the computer, and then make a copy of the relevant important documents and letters for backup. This process may take a long time, but please wait patiently.
3. Wait patiently for the bank card and the account opening letter
Send it to your address with the help of the postman. It can usually be sent within a week. Remember to check it in your mailbox at any time. For the sake of safety, the password you use to swipe your card when you withdraw money from ATM or go shopping is sent by mail. There are also passwords for online banking login and card readers used for online transfer, which are also mailed separately.
II. Introduction of British Banks
Lloyd's Bank
Lloyd's Bank, one of the four largest private banks in Britain, was established in 1765 as Taylor Lloyd's Company, which merged more than 5 banks and changed its name in 1889. It is one of the clearing banks in London.
Lloyd's Bank has a very long history and is quite famous in Britain. It is very famous for its dark horse logo and beautiful dark green cards. The service attitude is also good, with about 7 outlets in the UK.
Barclays Bank
Founded in 169, Barclays Bank is the oldest bank in the UK, the second largest bank in the UK, and one of the largest banks and financial institutions in the world. Headquartered in London, England, it has the largest number of outlets in the UK, and its business scope is very wide. Standard Chartered Bank in China can open an account in advance.
Barclays' ATMs support UnionPay card reading. For example, BOC's UnionPay debit card can withdraw GBP cash from Barclays' ATMs. Barclays has a good credit rating in the UK, and it will have a chance to apply for a credit card if it stays for half a year.
HSBC
HSBC, founded in Hong Kong in 1865, is one of the largest banks in the world, focusing on transnational financial services and headquartered in London.
HSBC can open an account in China in advance, mainly for office workers, not international students. However, some students who have an account with HSBC said that it is actually fine, and the process is smooth, depending on the wishes of the branch.
Santander Bank
Santander UK, the third largest deposit bank in the UK, is wholly owned by Spain's Santander Group and is a British branch of Spain's Santander Group.
Monzo bank card
Monzo's family doesn't have a physical bank, so it is necessary to download the APP, and after installing the APP, it is necessary to upload the ID information with photos. The software gives three options: passport, BRP or driver's license. Pay attention to what kind of documents will jump to camera mode after uploading. You must take photos on the spot, and you can't choose photos from the album! So the babies should make sure that they have the documents in their hands when applying.
Westminster Bank
NatWest Group is one of the largest banking groups with the best capital quality in the world. Natwest was owned by RBS in 2, mainly serving the English region and headquartered in London.
Bank of China
Bank of China is the only bank in China that has been operating continuously for more than 1 years, and it is also the most internationalized and diversified bank in China, with branches in London, Birmingham, Manchester and Glasgow.
3. Points for attention in handling bank cards when studying in the UK
1. Generally speaking, a bank card account in the UK has two purposes: one is daily expenses, and the other is that unused spare money can be used to store interest
2. Generally speaking, the overdraft limit of a bank card in the UK is determined by your status, and the British bank mainly determines the overdraft limit according to your credit rating.
3. It is suggested that students choose a British bank close to them to apply for a card, so that they can come to the bank for business in the future.
4. In the process of handling the card, if you don't know the specific process, you can refer to the introduction of bank account opening. In addition, if the UK bank card is Visa debit, it means that it can be used internationally.
5. At present, many students choose TSB cards, so TSB often queues up. It is suggested that students make an appointment in advance to avoid wasting time!
6. After all, a bank is a profit-making institution. Many banks need money to open accounts. You can directly check the specific price online, or just go to the bank and ask.
7. The bank card and password will generally be sent to your residence by mail. Please fill in your residence or dormitory information correctly (the postcode in the UK is very detailed, so be sure to fill it in correctly).