Bank accounts

The process of opening a bank account varies depending on which Bank/Building Society that you choose and the type of account you want. Internal/external transfer

Types of Account:

Basic Bank Account

• Allows you to receive money and pay bills
• Allows you a cash card for taking money out of a cash machine
• Allows you to set up direct debits but may not allow standing orders
• Does not allow you a cheque book or credit card
• Does not give an overdraft or any credit facilities.

Current Account

• Give you a cash card, debit card or credit card and a cheque book
• Allows you an overdraft facility.

In most instances you will require proof of the following to open a bank account (the bank that you select will confirm what is required though:

• Proof of identity
• Proof of UK address
• Proof of income.

Visit the Money Advice Service website for information to help you decide how to choose, open and run a bank account https://www.moneyadviceservice.org.uk/en

We have an onsite bank Santander which is located in Founder's Building, Rooms East 045/047. At the bank you will be able to use the following services:

•    Internal/external transfer
•    Set up bill payments/ standing orders/ direct debits
•    International payments
•    Apply for current accounts, savings, credit cards, home insurance, mortgages, and loans
•    Check/ print balances
•    Statements for VISA purposes
•    Review existing accounts
•    Update customer details
•    General queries
•    Print customer statements
•    Cheque deposit.

We also have onsite an ATM that is located outside of the Winsdor Building.