• Andrew White

Banking in the UK


Despite what you think it is possible to open a new bank account without a fixed address on

the basis you have a permanent job offer in the UK. For more information on this, please feel free to contact Dream Move directly and we would be happy to discuss your options.


In respect of banking there are 7 main high street banks in the UK which are listed below all of which have no charge for use of their current accounts.


All of these banks have branches within most Town and City Centre’s and dependent on your financial situation will depend on the bank account offered.


It is likely, your overdraft limit (if you qualify for one) will be minimal initially due to the lack of credit status in the UK but within 6 months of being in the UK further lending options will become available.

In recent years there has also been the emergence of online banks such as Monzo and Starling Bank both of which are FCA compliant ad easy to set up and use.

For many in the UK, both an online bank and a high street bank will be utilized due to these accounts being free (unless overdrawn)



In terms of opening an account, please check directly with your preferred bank what documentation is needed, but likely requirements are

  1. Identification (ID) in the form of a passport and visa (if you are a non-EU guest)

  2. · Verification of your UK and home address

  3. · Evidence of your employment or student status

To find out more about the range of services Dream Move offer, you can contact us using the below and for recent activity hop on over to our social media.

+44 (0) 161 282 5558 or andrew.white@dmrelocation.com


IG: https://www.instagram.com/manchesterpropertyfinder/

Youtube: https://www.youtube.com/channel/UCX-GzQDEeTPgzcWHhjAG3sA/

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