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“U.K. Postal” & “Multi-Currency” Accounts
The two types of U.K. Bank Accounts that are offered by most financial institutions for Non-Residents are:
U.K. Postal & Multi-Currency
With hundreds of U.K. financial institutions to open up & administer your U.K. bank account, knowing what the procedures are in the initial account opening phase is crucial.
With the U.K. financial institutions listed within our eBook, you will be able to compare each and every one side-by-side and determine for yourself which bank is right for you. Knowing the U.K. bank that will open your account is very important.
There are thousands of new U.K. bank account openers every day who turn to online consultancies and pay upwards to $500 to open a U.K. bank account. Yet, the new applicant never knows which financial institution they will be doing business with when paying the online consultancies that “GUARANTEE U.K. BANK ACCOUNTS”.
It’s like entrusting your entire life savings with a stranger…
We have taken the mystery out of opening U.K. bank accounts, by compiling as much as information about U.K. banks, their services & fees, and presenting it to future U.K. bank account holders in an easy-to-navigate format, Contact us.
Time Frame To Open A U.K. Bank Account
Depending on the U.K. financial institution you choose to open a U.K. bank account with, the time it takes to actually open up & activate your account ranges anywhere from 24 hours - 1 week.
There are numerous U.K. financial institutions which guarantee a 24 hour turnaround time, and there are others that will open up your account within 7-14 business days.
So, depending on how urgent you’re looking to open & fund your account, you will be able to choose which U.K. bank is most suitable for you at the time.
U.K. ACCOUNTS IN 24 HOURS
With the backdoor agreements we have set up with the banks, you will be able to open your account in 24 hours, through any one of the financial institutions in our guidebook. Your account will then become active once you make the initial deposit “usually ?75″ & your ID is verified.
Online Account Application Forms & Requests
Listed within our eBook, you will find dozens of U.K. financial institutions that you can contact & open an account with.
Each U.K. Financial Institution has their own procedures & methods for opening a U.K. bank account.
They range from telephone, fax, email, web site & postal mail correspondence.
Most Non-Resident U.K. Bank Accounts are opened through Postal Mail. The way it works, is the new account opener goes to their web site or calls them for a short pre-application form, fills it out, and then the U.K. Bank mails the official Account Application Package to their mailing address.
The recipient “you” fill out the form, and then mail or fax it back to them. The account is then opened in 24 hours upon receipt of your documents through our contacts.
U.K. Bank Account Opening Standard Requirements
Non-Residents of United Kingdom
There is really only one main requirement when opening a U.K. bank account for NON-RESIDENTS of the United Kingdom:
You need to get an authenticated photocopy of your passport with an apostille. This seal is used to certify that an official document is a true copy. In most countries you can get it from a notary public.
The U.K. Bank you select to open a U.K. bank account with will provide you with full instructions for the complete account opening procedure.
The whole U.K. Bank Account Opening process will take a maximum of 1-2 weeks.
NO MINIMUM DEPOSIT
In addition, there are absolutely NO MINIMUM DEPOSIT requirements for non-resident Postal Accounts.
There are many misconceptions that U.K. Banks require a substantial minimum deposit. This is just not true… Thousands of U.K. Bank Accounts are opened & activated everyday with NO MINIMUM DEPOSIT.
Residents or Citizens of United Kingdom
If you are a citizen or resident of United Kingdom, and you are looking to open a U.K. bank account, then you can simply give the Financial Institution call or visit their office and request an application through our banking contacts.