Which documents are required for opening a bank account in the UK?

Do you want to send money to India directly into your bank account from the UK? Opening a bank account in any country of the world is regulated by certain rules and requirements. The same applies when it comes to opening a bank account in the United Kingdom. Whether you are planning to move to the UK or already have, at some point in time in the near future, you are going to be needing to open a bank account in order to create financial comfort for yourself; or, maybe if you look forward to transferring money to Pakistan or your home country.

The number of documents required is limited, which we will discuss, but we will try to briefly answer a few questions regarding opening a bank account in the United Kingdom.

You will need two documents to open a bank account in the United Kingdom: one to prove your identity and one to prove your address. You can verify your identity through your passport or driving license, or Identity Card.  Usually, documents are also asked for money transfer to India from the UK.

While address can be proven through these documents, you will be required to produce one of the following documents.

  • A tenancy agreement or mortgage statement;
  • A recent electricity or gas bill (less than three months old);
  • A recent (less than three months old) bank or credit statement that is not printed off the internet;
  • A current council tax bill.

But, it is pertinent to keep in mind that each bank has its list of documents acceptable as proof of address.

Recently, some flexibility was witnessed in the policy to open an account without proof of address. After that, a student can now open a bank account if s/he presents a letter from the university’s admission office. Also, before even leaving for the United Kingdom, you can have this problem fixed. Here’s how!

Ask your local bank to change your correspondence address to your UK address. Once done, request your bank to send your bank statement to the new address in the United Kingdom by post. After receiving that bank statement, you can present it as proof of your address in the United Kingdom.

Even you can open a bank account before you arrive in the UK. You can send money to India online through your financial service provider’s mobile application.

Either your home bank may be able to set up an account for you if it has a correspondent banking relationship with a British Bank.

Or some of the British banks such as Barclays, Lloyds, HSBC, and NatWest all offer international bank accounts.

As far as choosing the right bank in order to meet your requirements is concerned, it is difficult to answer because it depends on what your specific needs are and whether the concerned bank corresponds to those or not through the services it has on offer.

Conclusion: – This article has helped us understand that opening a bank account in the United Kingdom, whether before arrival or after arrival, is not that difficult provided you have the two main requirements of proving your identity and your address which have been discussed earlier at length. The ACE company can be of immense help for online money transfer to India and worldwide, or further consultation is required.