If you are new to the UK, setting up a bank account can take several weeks, so it is essential to arrange access to money for the period after your arrival.
- For your personal safety, do not travel with more than £250 in cash.
- Bring extra funds on a credit card or in GBP Sterling travellers cheques.
- If you are living in private accommodation, you will need to bring enough money for the deposit and at least two months’ rent.
Choosing an account
You can choose to open an account with any bank. Banks offer different features with their accounts, and you may not have access to credit or overdraft facilities. Banks may also charge a monthly fee for some accounts.
For help choosing the right account for you, see the UKCISA guide to opening a UK bank account.
Opening the account
To open the account you will usually need to visit the bank you have chosen to show them all the documents they ask for. With some banks, you can start the process of opening an account before you arrive in the UK, especially if the bank in your home country has links with UK banks.