Banks
"It's not just Sheffield. My friends all round the UK said it was hard work to open accounts" Chamu, India
How To Choose A BankMost students need to open a bank account as soon as possible after arrival in Sheffield. Do this even if you are still waiting for the bulk of funds to arrive. |
What Type Of Account?Open a current account as soon as possible after arrival in Sheffield. A current account enables immediate cash withdrawals. |
Glossary of TermsCheque Guarantee Card, Debit Card, Cash Card, Without Cards, PIN Number, Direct Debits and Standing Orders, Overdraft, Statements, Negotiation of foreign cheques |
InvestmentsStudents with large sums of money often open a second account at a bank or building society which pays interest at a higher rate. |
Opening a Bank Account“International Students do not always find it straight forward to open a bank account in the UK as different banks have different policies and apply different conditions.”- UKCISA |
Documents NeededDocuments Needed To Open Account include: Passport, Any bank statements from home, Proof of addresses and proof of student status |
Check ListCheck List Of Information You Need Before You Open An Account |
Credit CardsIf you have credit card(s) at home check where you can use this card to obtain cash in the UK. |
Bank Account In Home CountryAsk banks in your home country if you can open an account that would provide on-line banking and/or access to cash via ATM machines in the UK. |
RefusalAll banks locally have given assurances that they do not reject students because of their nationality, but may do on grounds of residency. |