SANTANDER REQUEST CHEQUEBOOK FREE

Services are typically provided by the offshore divisions of these banks so check first how your money is protected. Some charge a monthly fee and you might be asked to deposit a large sum of money.įor example, to become a customer of HSBC Expat you need to hold a minimum of £60,000 or currency equivalent in deposits and/or investments with them. Several banks offer international bank accounts designed for non-residents. Importantly, you don’t have access to the Financial Services Compensation Scheme (FSCS) if Monese goes bust.įind out more: how are your savings protected? You can deposit cash using Post Office branches or PayPoint locations, and use the account to receive a salary, or set-up direct debits.

SANTANDER REQUEST CHEQUEBOOK FREE

It charges £5.95 a month for its Classic account, although a free version also exists. Monese offers a multi-currency account without asking for a UK address or credit history. Nationwide’s basic account can also be opened online by non-residents, although you must have a face-to-face meeting within two months of receiving an invitation to show your ID in person. This includes Lloyds Bank, which asks for proof of ID and EU address to be sent by post (the original documents, not copies, which will be retuned securely). If you live in a country that’s part of the EU or European Economic Area (EEA), several banks will let you open a current account online without a UK address. If you want to manage household finances smoothly, a joint bank account is helpful although remember that you are both liable for any debt, regardless of who spends or provides the money.īanks are generally very cautious about opening UK accounts for non-residents, due to strict anti-money laundering regulations and ‘know your customer’ checks. We’ve analysed the best and worst value packaged accounts. Packaged accounts include various products such as travel insurance, mobile phone cover and vehicle breakdown cover, for around £10-£20 per month. Some overdrafts cost as much as payday loans so if you’re likely to need to borrow money occasionally, compare fees for both arranged overdrafts in our tables. This table outlines the best accounts for in-credit interest. Some current accounts pay better rates than traditional savings accounts. We've mapped over 5,000 branch closures since 2015.

Does it have a nearby branch?Ĭhallenger banks Monzo and Starling offer current accounts run entirely from your mobile phone but if face-to-face service is important to you, check that your chosen provider has a branch you can reach. Twice a year, we ask the public to rate their banks to reveal the best and worst current account providers for customer service. Here are some things to think about when comparing accounts: Does the bank have a good reputation? Picking the right current account will depend on the way you spend and manage your money. They’re not just a home for our salaries and pensions – you can use one to boost your savings, manage a household budget and bundle all of your financial products together. Opening a current account is an important financial milestone.

Santander request chequebook