A Comprehensive Guide to Opening International Student Bank Account in UK

A Comprehensive Guide to Opening International Student Bank Account in UK

It is costly to study in UK for overseas students. To reduce financial burden, opening an international student bank account in UK is essential. By doing so, overseas students can maximise their funds.

One of the primary advantages of a bank account in UK is that it enables students to make transfers quickly and with fewer expenses. Additionally, it also removes currency conversion fees levied on the domestic bank accounts of students. 

Moreover, overseas students can use UK bank accounts to receive wages for their part-time jobs. Additionally, paying student accommodation rent through a UK bank account is more viable and cost-effective. 

Opening International Student Bank Account in UK

How to Open an International Student Bank Account in UK?

Here is a detailed guide to opening an international student bank account in UK:

  • Research and select a UK bank that offers this feature
  • Compile mandatory documents
  • Take an appointment with the selected bank
  • Go to the nearby branch with all the required documents
  • Complete the account opening form provided by the bank
  • Submit the initial deposit, if asked for
  • Undergo anti-money laundering and background checks
  • Receive bank details like bank account number and sort code
  • Set up online banking and apply for debit and credit cards

Which Documents are Required to Open an International Bank Account in UK

To open an international account in UK, overseas students need to submit the following documents:

Best Banks for International Students in UK

Here are the most popular banks for international students:

Best Banks for International Students in UK

To get the latest information about international student bank accounts, international money transfers, and study abroad loans, stay in tune with Fly Finance News Desk.

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