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       University of Leeds                 International Student Office                               24/07/09


                        International Student Office
                      Guide to opening a bank account
What do I need to know about having a bank account in the UK?

Please read the whole of this leaflet. The International Student Office will be able to help you with the
banks mentioned in this leaflet. If you chose to bank with another bank we may not be able to offer the
same level of support.

Can I open a bank account?

If you can show that you will be in the UK as a student for one year, you should be able to open a student
bank account. If you will be in the UK for less than one year, you might not be able to open a student
bank account, but you may be able to open an ordinary cash account at certain banks.

What do I need to open a bank account?

What you require to open a bank account will depend on which „bank‟ and which „bank account‟ you
choose. You may find the following information helpful as general guidance about what you may need to
open a UK bank account:

           1.     Proof of your identity
                  Evidence of your identity = passport or EU national identity card

           2.     Proof of your status as a student (if you are opening a student account)
                  Evidence of your status as a student: your offer letter or a bank letter from the University

           3.     Proof of address
                  Some banks will require proof of your UK address and/or your home/overseas residential
                  address. Different banks accept different documents as proof of address. On pages 3 –
                  5 of this leaflet, we have provided further information on what the HSBC, Barclays and
                  NatWest banks located on Blenheim Terrace near to our office, accept as proof of
                  address.

           4.     Minimum deposits
                  Some banks require a minimum deposit to open certain accounts. (Some bank accounts
                  also require you to maintain a minimum balance in your account.)

Where can I get the bank letter from the University?

Student Services Centre Counter, Marjorie and Arnold Ziff Building, email: ssc@leeds.ac.uk
    How do I decide which bank to choose?

    There are four banks on campus – HSBC, Barclays and NatWest (all opposite the Parkinson Building)
    and Abbey (in the Union building). There are some differences in the type of services and the opening
    requirements for different accounts. You may find the information on pages 3 to 5 useful, but you need to
    read the brochures from the banks before you make your final choice.

    How long does it take to open an account?

    Some accounts can be opened quickly (less than 48 hours) – others may take longer, particularly during
    the busiest periods, such as September. If you pay your University tuition fees in instalments you will
    need your bank account to be open before you can complete your University registration. However, if
    your bank account takes time to open, this is not a problem. Once you have paid the first instalment of
    your tuition fees you can receive a deferred registration card to use until your bank account is open and
    you can complete your University registration. A deferred registration card enables you to use the
    computer and library facilities for one month.

    Running a bank account

    Some important things to remember are:-
       Keep your bank statements. You will need these if you have to extend your visa/leave to stay in the
       UK. Most banks charge for duplicate statements and it may take them several weeks to produce the
       documents.
       Only use a bank account for which you are a named holder.
       You should not allow others to use your account to do their banking.
       Keep your personal details and account details secure to prevent someone stealing your identity. For
       more information, visit http://www.identity-theft.org.uk/protect-yourself.htm
       If you pay bills by direct debit you must have the money in your account the day before the direct
       debit is due to go out of your account. If not you will be charged penalty fees by the bank and often
       also by the organisation that is expecting to receive the direct debit payment.
       Do not go into debt on your account unless you have a pre-agreed overdraft facility with the bank.

    Details of local banks operating student and/or cash accounts

Name of Bank                 Nearest branch (from campus)         Telephone No     Website
Barclays                     Blenheim Terrace (campus)            0845 7555555     www.barclays.co.uk
HSBC                         Blenheim Terrace (campus)            0113 296 2000    www.hsbc.co.uk
NatWest                      Blenheim Terrace (campus)            0845 244 0316    www.natwest.com
Abbey                        Leeds University Union (campus)      05511 431343     www.abbey.com
Lloyds TSB                   Park Row (city centre)               0845 300 0000    www.lloydstsb.com
Halifax                      The Headrow (city centre)            0845 7394959     www.halifax.co.uk
Nationwide                   Commercial Street (city centre)      0113 296 0100    www.nationwide.co.uk
Royal Bank of Scotland       27 Park Row, Leeds(city centre)      0113 245 1815    www.rbs.co.uk
Yorkshire Bank               Albion Street, Leeds (city centre)   0113-2438351     www.ybonline.co.uk
Co-operative Bank            Vicar Lane (city centre)             0845 7212212     www.co-operativebank.co.uk

    Please find attached further information about the campus banks Barclays, HSBC and NatWest.

    Banks advertising Sharia-compliant services

    For further information, please contact the banks directly or visit their website.
    HSBC: http://www.hsbc.co.uk/1/2/personal/current-accounts/more/amanah-finance
    Islamic Bank of Britain: http://www.islamic-bank.com/islamicbanklive/IAShariaaCompliant/1/Home/1/Home.jsp
    Lloyds/TSB http://www.lloydstsb.com/current_accounts/islamic_account.asp

    Where can I ask for help if I have questions or problems?

    Please visit the International Student Office if you need further information and advice on opening a UK
    bank account.
    Barclays
Bank Account    Facilities include                                 Conditions include….                       Information Required to Open an Account

IBANK Student      Combined cash and Visa debit card to use in        Minimum initial deposit £1000              Proof of ID:
Account            cash machines and pay in shops                     Monthly service charge of £5               Your passport, OR current valid European
                   Direct debits/standing orders                      Account can be opened before student       Union National ID card including your
                   Telephone and Internet banking                     has a permanent UK address                 photograph and your signature OR driving
                   Can also open savings account to earn higher       Account cannot be opened for students      licence
                   interest                                           here for less than 9 months                Proof of student status and overseas
                   Can deposit cash whilst account is being           Copy bank statements take 10 working       home address:
                   opened                                             days                                       - A letter of admission or enrolment from a
                   Account open in 24 hours                                                                      recognised UK college or university,
                                                                                                                 confirming you are in full time, or part time
                   Can pay tuition and accommodation fees at the
                                                                                                                 Higher Education, and sent to your home
                   bank counter
                                                                                                                 address overseas.
                                                                                                                 ( Note that if the letter does not include
                                                                                                                 your overseas address, you will need one
                                                                                                                 of the following with your name and
                                                                                                                 overseas address on in English, Arabic or
                                                                                                                 Mandarin:
                                                                                                                 - Original Credit Card or Bank Statement
                                                                                                                 (no older than 3 months)
                                                                                                                 OR
                                                                                                                 - National ID Card
                                                                                                                 (Note that if you have used your ID card
                                                                                                                 as proof of ID, you will need an additional
                                                                                                                 proof of overseas address)
                                                                                                                 Confirmation of your UK address.
Barclays            Cash card                                         The service is free                     Same as above
Cash Card           Direct debits                                     Minimum 6 month stay in UK
Account             Standing Orders
                    No minimum balance required
                    No cheque book
                    No visa debit card
                    Telephone banking
                    No high interest account
HSBC
 Bank Account      Facilities include                                      Conditions                                   Information Required to Open an Account
 HSBC                 International visa debit card                           You must not hold any other student           Proof of your ID:
 Passport             Direct debits/standing orders                           accounts elsewhere                            Passport or EU ID card
                      Telephone banking                                       You must be studying a full-time course       Proof of your student status:
                      Internet banking                                        Fee of £6 per month                           Original offer letter or banking letter from
                      Savings account to earn higher interest                 Account is valid for 12 months and will       the University to confirm your status as a
                      Discounted international money transfers fee            then be reviewed for possible upgrade         student
                                                                              Only for those on student visas               Proof of overseas home address:
                                                                              Copy bank statements 5 working days           University letter confirming that the
                                                                              by post or 3 working days if collected        University has written to you at your
                                                                              from branch.                                  overseas home address, or other proof of
                                                                              Can‟t stamp internet bank statements.         your overseas address eg bank or credit
                                                                                                                            card statement
                                                                                                                            Proof of your UK address:
                                                                                                                            HSBC will accept proof of accommodation
                                                                                                                            provided by the University or Unipol



Abbey
 Bank Account      Facilities include                                      Conditions                                   Information Required to Open an Account
 Santander            No minimum opening balance                              No overdraft facilities                       Proof of your ID:
 International        Visa Electron Card                                      £5 fee per month                              Passport or EU ID card
 Student Account      4% credit interest on your first £500 subject to a      No minimum length of stay in UK               Proof of your student status:
                      monthly credit of at least £50 to your account          Copy bank statements take couple of           Original offer letter or banking letter from
                      Telephone and internet banking                          weeks                                         the University to confirm your status as a
                      Direct Debits and Standing Orders                       Will stamp internet bank statements           student
                      Free budgeting and financial advice                                                                   Proof of overseas and home address:
                      Account opened instantly                                                                                    Bank letter from the University to the
                      Cheque book available on request                                                                            bank stating your overseas address
                                                                                                                                  and confirming your UK address
                      One free incoming international money transfer
                      per month (further transfers subject to charge)
NatWest
 Bank Account      Facilities include                                     Conditions                                  Information Required to Open an Account
 NatWest              Interest earned on cleared balance                     Students must show proof that they            Proof of your ID:
 Student Account      Account can be opened whilst students are still in     have paid their fees and they have            Passport (or EU national ID card)
                      University temporary accommodation                     £5000 to deposit into their account.          Proof of student status:
                      Debit card (Switch)                                    Students must be doing a higher               Original offer letter or banking letter from
                      Direct debits/standing orders                          education course of 2 years or more in        the University to confirm your status as a
                                                                             the UK                                        student
                      Telephone banking
                                                                             To be accepted for a credit card,             Proof of addresses:
                      Internet banking
                                                                             students require a phone number and a
                      Credit card (subject to eligibility)                                                                     Bank letter from the University to the
                                                                             good credit rating
                      Savings account to earn higher interest (subject to                                                      bank stating your overseas address
                                                                            Copy bank statements take 2 weeks                  and confirming your University
                      eligibility)                                          with a £5 charge.                                  accommodation address
                       Can deposit cash whilst account is being             Online bank statements free if
                       opened                                                                                                  Bank letter from the University to the
                                                                            requested 2 weeks in advance. Can                  bank stating your overseas and your
                                                                            stamp internet bank statements.                    private-sector UK home address plus a
                                                                                                                               letter/contract from your
                                                                                                                               accommodation provider as proof of
                                                                                                                               your UK address
                                                                                                                      NatWest will „usually‟ only accept international
                                                                                                                      students living in University accommodation or
                                                                                                                      accommodation which has been let through a
                                                                                                                      recognised letting agency – for more
                                                                                                                      information, contact the bank directly.

 NatWest           The same facilities as above except :-               Same conditions as above except               Same as above
 Step Account         Combined “Solo” cash/debit card to obtain cash       Account can be opened for short stay
                      from cash machines and pay in some larger            students
                      shops                                                Students do not need to show proof of
                      No minimum balance required to open the              fees paid and £5000 deposit.
                      account
                      No cheque book
                      No free railcard
                      No “Switch” card
                      No credit card
    Lloyds TSB
Bank Account     Facilities include                                       Conditions                                                    Information Required to Open an Account
Silver Account      Visa debit card to use in cash machines, shops           Monthly service fee of £7.95,                                  Proof of your ID:
                    and online                                               discounted for the first two months at                         Passport (or EU national ID card)
                    Direct debits and standing orders                        £3.00                                                          Visa if non EU
                    Telephone and internet banking                           Minimum term of account 6 months                               Proof of addresses:
                    Savings account to earn interest                         Initially, no overdraft facilities                                Bank letter from the University to the
                    Account opened straight away (providing all the          Copies of bank statements are £10.00                              bank stating your overseas address
                    documentation is present and correct)                    and take up to 10 working days for                                and confirming your University
                    No minimum balance required – can be opened              receipt (It is advised that customers                             accommodation address
                    with as little as £1.00                                  keep all of their statements when                                 Unconditional/conditional offer letter for
                                                                             received)                                                         your degree course if you are a
                    Mobile banking (£2.50 per month)
                    Mobile phone insurance (Covers loss, theft,                                                                                Language Centre Student
                    damage, breakdown, water damage)
                    European Travel Insurance

Classic             Visa debit card to use in cash machines, shops              No monthly service fee providing the                           Proof of your ID:
Account             and online                                                  account stays in credit                                        Passport (or EU national ID card)
                    Direct debits and standing orders                           Minimum term of account 6 months                               Visa if non EU
                    Telephone and Internet banking                              Initially, no overdraft facilities                             Proof of addresses:
                    Savings account to earn interest                            Copies of bank statements are £10.00                              Bank letter from the University to the
                    No minimum balance required – can be opened                 and take up to 10 working days for                                bank stating your overseas address
                    with as little at £1.00                                     receipt (It is advised that customers                             and confirming your University
                    Mobile banking (£2.50 per month)                            keep all of their statements when                                 accommodation address
                                                                                received)                                                         Unconditional/conditional offer letter for
                                                                                                                                                  your degree course if you are a
                                                                                                                                                  Language Centre Student


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                                                                                    International Student Office
                                                       18 Blenheim Terrace (across the road from Parkinson Steps, near Blackwell’s Bookshop)
                                                               Tel: 0113 343 3930 E-mail: internationalstudents@leeds.ac.uk
                                                               Website: http://www.leeds.ac.uk/international/studentsupport.html