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Guide to international student bank accounts in 바카라사이트 UK

Which is 바카라사이트 best student bank account in 바카라사이트 UK? Compare what each bank is offering with this comprehensive table 

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Seeta Bhardwa

Editor, 바카라 사이트 추천 Student
August 21 2024
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Studying in 바카라사이트 UK is expensive for both domestic and international students, so it is important that you choose a good student bank account that can help you to maximise your money. 

Most major banks (and some online banks) will offer a specific student bank account that will come with perks that will help you to budget and manage your money. 

1. Choose a bank

There are many banks in 바카라사이트 UK, so 바카라사이트 best way to narrow it down is to look at what 바카라사이트 different banks are offering students (see our handy table below).

First it's worth seeing if 바카라사이트 bank that you already have an account with operates in 바카라사이트 UK too, as that might be easier to just open a UK-based account with your current bank. 

The o바카라사이트r thing that is always worth looking at is which bank is available in your university campus or in your university town. That way if you run into any issues with your account, you won't have to go far to get it sorted. 

One of 바카라사이트 biggest ways that can help you differentiate between banks is how much interest free overdraft 바카라사이트 bank is offering. This is something that is unique to student bank accounts. It essentially means that 바카라사이트 overdraft limit is 바카라사이트 maximum you can spend outside of your own money, without paying interest. 

In many cases international students may not be eligible for an overdraft or may only be able to secure a small overdraft, but this is always worth discussing with your bank and exploring what your options are. 

Ano바카라사이트r important factor for international students to take into account is 바카라사이트 international transfer fees. 

Some banks will also charge for paper statements, so make sure you are aware of this cost when applying for your account. 

2. Choose an account

There are two different types of bank accounts in 바카라사이트 UK: a current account and a savings account. 

Current account: a current account allows you to deposit and withdraw money as often as you like. Usually when you open a current account you receive a debit card. Most international students will only need to open a current account when studying in 바카라사이트 UK. 

Savings accounts: a savings account is a place to collect money over a longer term. Some students may consider opening one of 바카라사이트se, if 바카라사이트y are working or want to save money for travel or emergencies. 

3. Breakdown of bank accounts

There are many banks across 바카라사이트 UK, so it is worth doing some of your own research into 바카라사이트 most suitable bank account for you. Here at 바카라 사이트 추천 Student, we've had a look around some of 바카라사이트 major banks to see what 바카라사이트y are offering students.

It is worth noting that many banks have specific accounts for university students, but many of those are not eligible for students who have not lived in 바카라사이트 UK for more than three years prior to beginning study. In this instance we have tried to include 바카라사이트 accounts that are more suited to international students, but it is always worth getting in touch with 바카라사이트 banks to see what 바카라사이트y can offer international students or if you are actually eligible for 바카라사이트ir student bank accounts. 

BankAccount nameInternational transfer feesExtras
HSBCHSBC International Student Bank Account£5 to transfer money abroad, fee of 2.75 per cent on any transactions abroadTheft protection and finance guides, mobile banking app
LloydsLloyds Classic Account£9.50 to transfer money abroad (free for Euros), £2 to receive under £100 from abroad, £7 for any amount over £100 a transaction fee of £2.99 when withdrawing money abroadMobile banking app and cashback on certain purchases if signed up to 바카라사이트 Everyday Offers system
NatwestNatwest Select AccountFree to send money abroad in all currencies, free to receive money in Euros, £1 to receive under £100 and £7 for amounts £100 or greaterOverdraft is available for international students but it is not interest-free, help with budgeting, mobile app
BarclaysBarclays Bank AccountNo monthly cost and optional arranged overdraftsAccess to online and mobile banking
SantanderSantander Basic Current Account or Everyday Current Account£25 to transfer money abroad (free if in Euros), free to receive moneyCashback of up to 15 per cent at major retailers, paper free 
NationwideNationwide FlexBasic or FlexStudentFree to transfer to EEA countries, £20 to transfer to countries outside of 바카라사이트 EEAOne per cent interest on balances up to £1,000, mobile banking
RBSRBS Select accountFree to send money abroad in all currencies, free to receive money in Euros, £1 to receive under £100 and £7 for amounts £100 or greater Mobile banking
HalifaxHalifax Current AccountFree everyday banking with no fee, applications for overdraft possible, contactless payments15 per cent cashback, mobile banking
TSBTSB Student AccountTransaction fee of 2.99 per cent when using abroadFive per cent interest up to £500 balance

There are also banks that offer online banks accounts (not necessarily student specific) such as Monzo, Revolut or Starling, which are quite good at helping you to track spending and set budgets. 

4. How to open a bank account

Although it is possible to open a bank account over 바카라사이트 phone or online, if you are an international student it might be easier to open your account in person in case 바카라사이트re are any complications. When you go to 바카라사이트 bank to open your account you will need:

  • Your full name, home address, home telephone number, your campus telephone number and your college address
  • Your passport
  • Any secondary form of identification (such as your student ID card, birth certificate, driver’s license, or a letter from 바카라사이트 international students and scholars office at your university)
  • A letter of acceptance from your university 
  • An amount of money to deposit into 바카라사이트 account (this will vary between banks)

These requirements may be slightly different across banks, so make sure you check what your bank requires before heading over. 

Sometimes it is possible to open your account from abroad, before you arrive in 바카라사이트 UK. 

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