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I don't know about other banks but I use barclays and they offer 12months free banking for start up businesses which is useful and I found the process straight forward. You may want to carry your local bank statement which shows your address, and not more than 3months old, particularly if you donot have a UK proof of address.mig2015 wrote:Hi all,
I have got entrepreneurial visa (initial) just a few days ago. I have searched topics, but I didnt find any answer to my question: When I arrive in Londen (It's next week), what is the best way to open a bank account ? I want to open the account in minimum time, to enable transferring 200K from my country. I will appreciate any relevant answer.
Cheers,
Amin
dear Jaggers,Jaggers wrote:contact your existing bank at different branches to book an appointment asap, its very easy, less paper work.
Llyods, santander and barclays quite good.
Good luck
Hope145 wrote:I don't know about other banks but I use barclays and they offer 12months free banking for start up businesses which is useful and I found the process straight forward. You may want to carry your local bank statement which shows your address, and not more than 3months old, particularly if you donot have a UK proof of address.mig2015 wrote:Hi all,
I have got entrepreneurial visa (initial) just a few days ago. I have searched topics, but I didnt find any answer to my question: When I arrive in Londen (It's next week), what is the best way to open a bank account ? I want to open the account in minimum time, to enable transferring 200K from my country. I will appreciate any relevant answer.
Cheers,
Amin
The top banks are HSBC, Barclays, Lloyds, Santander. Basically Google their telephone number or walk into a branch to make enquiries to discuss your needs(documents required/transfer of funds) and the earliest you can get an appointment with a business manager to open an account. You can then decide which bank is faster and easier. Barclays telephone is 0800 515 4621.
Goodluck with your business
hi aminmig2015 wrote:dear Jaggers,Jaggers wrote:contact your existing bank at different branches to book an appointment asap, its very easy, less paper work.
Llyods, santander and barclays quite good.
Good luck
thanks for your reply. The problem is, my personal bank account is an Iranian one. I don't have access to British Banks inside the country. I mean, having this type of visa, how can I open an account immediately after my arrival. As I have not registered any company in UK yet, it has to be a personal account, is it not true?
regards
siavashes wrote:hi aminmig2015 wrote:dear Jaggers,Jaggers wrote:contact your existing bank at different branches to book an appointment asap, its very easy, less paper work.
Llyods, santander and barclays quite good.
Good luck
thanks for your reply. The problem is, my personal bank account is an Iranian one. I don't have access to British Banks inside the country. I mean, having this type of visa, how can I open an account immediately after my arrival. As I have not registered any company in UK yet, it has to be a personal account, is it not true?
regards
pm me I'll explain the whole procedure for u .
Once your post count surpasses 10 (now it's just 4), you can access and send PMs.mig2015 wrote:
hi siavash,
I'm new user to this site and I'm not authorized to access privates. Cool, huh?
bests
toghraee wrote:Hi Amin
I have similar case, I just got my T1E and need to travel to Uk to register the company and open bank account.
please keep me also updated if you got the procedure.
my gmail id is toghraee
thanks
Reza
I don't think you need to book an appointment, but just try calling HSBC and see if they need an appointment.toghraee wrote:Hi
is it necessary to book an appointment for opening an account ?
I'm in Dubai and have account with Standard Chartered, they told me that they have no idea about UK SC bank, and I need to go to UK only to open an account.
You need a proof of identity and a proof of address. You can use your intl passport as proof of identity or a full UK drivers licence, the bank usually has a list of acceptable document that you could choose from but if you have any of the above it should be fine.mig2015 wrote:Hope145 wrote:I don't know about other banks but I use barclays and they offer 12months free banking for start up businesses which is useful and I found the process straight forward. You may want to carry your local bank statement which shows your address, and not more than 3months old, particularly if you donot have a UK proof of address.mig2015 wrote:Hi all,
I have got entrepreneurial visa (initial) just a few days ago. I have searched topics, but I didnt find any answer to my question: When I arrive in Londen (It's next week), what is the best way to open a bank account ? I want to open the account in minimum time, to enable transferring 200K from my country. I will appreciate any relevant answer.
Cheers,
Amin
The top banks are HSBC, Barclays, Lloyds, Santander. Basically Google their telephone number or walk into a branch to make enquiries to discuss your needs(documents required/transfer of funds) and the earliest you can get an appointment with a business manager to open an account. You can then decide which bank is faster and easier. Barclays telephone is 0800 515 4621.
Goodluck with your business
dear Hope145,
I find free-12-months-banking for start-ups fascinating. Thanks for sharing this idea.
Let me focus on the second issue. You mean my Bank statement (Bank is in Iran), by which I applied for this visa outside the UK? Does it play the same role as a UK proof of address? I had heard before that I need something like a driver's licence or something similar.
Thanks in advance for your help
Yes, HSBC does have high fees if you don't maintain a minimum balance pertaining to that account type. However, I will share here my personal experience with HSBC so far, since 2008.Hope145 wrote:HSBC premier will charge you monthly to use the personal account, which is ridiculous,I don't recommend that account.