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The requirements to open a basic bank account UK vary depending on the type of account and the bank you choose. However, some common requirements are: You need to be at least 18 years old, or 16 years old for some banks. If you are younger than 18, you may be eligible for a children's bank account. You need to provide proof of your identity, such as your passport, driving licence, or national identity card. You need to provide proof of your UK address, such as a recent utility bill, rental contract, or council tax bill. If you are new to the UK and do not have these documents, some banks may accept alternative proofs of address, such as a letter from your university or employer.
You need to fill out an application form online or in person at a branch. Some banks may also require you to pass a credit check or provide a minimum deposit.
If you are not a UK resident, you may still be able to open a bank account in the UK by applying for an online or physical bank account through an agent. These accounts are easy to open and a director with proof of a UK address will help you to open these accounts. They also offer low-cost international money transfers and currency conversions.
Also read: Everything you need to know about UK company formation
What are the best banks in the UK?
HSBC: One of the 'big four' banks in the UK, HSBC has an extensive branch network throughout the whole country. It also operates in multiple countries around the world, which may be convenient for expats and travellers. HSBC offers current, savings and foreign currency accounts, along with credit cards, mortgages and insurance products.
Lloyds Bank: Another of the UK's 'big four' banks, Lloyds Bank has roots dating back to 1765. It offers current accounts including its Classic and Club Lloyds accounts, plus all kinds of premium and specialist accounts.
NatWest: With a sizable network of branches and ATMs across the UK, NatWest is a major retail bank that offers current accounts such as its Select account or its Reward account which pays you cashback on your bills. NatWest also provides savings accounts, credit cards, loans, mortgages and investments.
Barclays: Barclays is one of the oldest and largest banks in the UK, with over 300 years of history. It offers current accounts such as its Blue Rewards account which gives you extra cash rewards every month. Barclays also has savings accounts, credit cards, mortgages and wealth management services.
