Post on 05-Jan-2016
description
Services Provided Bank of ScotlandBank Account
Barclays BankCash Card Account
HSBCBank Account
NationwideFlexAccount
Royal Bank of ScotlandBasic Account
SantanderInternational Student Account
Bank of China (UK) Ltd
Branch Address (walking time to bank from George Square)
4 Bristo Square (5 minutes)Also at:The Royal Mile, 300 Lawnmarket (10 minutes)
10-15 Princes Street (20 minutes)
118 Princes Street(25 minutes)Also at:76 Hanover Street(25 minutes)
71 George Street(25 minutes)Also at:320 Morningside Road(45 minutes)
30 Nicolson Street (5 minutes)Also at:36 St Andrew Square (25 minutes)
University Branch5/2 Bristo Square (5 minutes)Also at:82 Newington Road (10 minutes)
450 Sauchiehall Street, Glasgow, G2 3JDVery Frequent bus/train services between Edinburgh and Glasgow
How to open and manage an account
Open in branch or online
Manage account:In branchOnline 24 hour telephone banking
Open in branch
Manage account:Online24 hour telephone bankingMobile banking
Open in branch or online
Manage account:Online24 hour telephone bankingMobile bankingText alerts
Apply online or visit a branch to fill in application.
Manage account:Online24 hour telephone banking
Open in branch, online or by phone.
Manage account:Online24 hour telephone banking
Open in branch.
Manage account:In branchOnline24 hour telephone banking
Open in branch.
Online banking/ telephone banking during working hours.English, Mandarin and Cantonese dialect services also available.
Minimum amount to open account
None None None None None NoneFree international transfers into account
Returnable £50.00 minimum balance on closure of A/C.Free international transfer into account.Free Chinese Banker’s Draft paid into account.No foreign currencies exchange commission. Cash cheques and save cash at any UK HSBC branches.
Length of time to open an account
Bank account opened in branch at appointment. Card in approx. 5 working days.
3 – 5 workings days Open in branch, no contract, no fee.Card in approx 5 working days.
Account opened at appointment. Card in 7 to 10 working days
5 – 7 days. No appointment needed. Account opened same day, Card sent in 3-5 working days.
Account opened the same day and in branch only. Can open an account using any currency including RMB.
Cash Card Yes Yes Visa Debit card Yes Visa Debit card Visa Debit card Visa Debit card
Direct Debits and Standing Orders
Yes Yes Yes Yes Yes Yes Yes
Duration of stay in UK
None You should be studying on a course for a minimum of 2 academic years
Visa must have 12 months remaining at the time of opening
None Course needs to be longer than 6 months to open an account
None.Can cancel account at any time without fees/ penalties
None.Can cancel account at any time without fees
* Bank statements
Receive quarterly statements and can request extra statements through Branch counter/telephone banking or online
Monthly Can be provided on request Monthly Monthly Monthly
Statements/ bank letter can also be provided on request at the bank
Monthly
Official statements can also be provided on request at the bank
ID to open an account
(i) Passport (with UK visa) (ii) University Letter of Introduction
(i) Passport (with UK visa) (ii) University Letter of Introduction
(i) Passport (with UK visa)(ii) University Letter of Introduction(ii) Evidence of home address
(i) Passport (with UK visa) and (ii) University Letter of Introduction (iii) Proof of address
(i) Passport (with UK visa) and (ii) University Letter of Introduction (iii) Valid student card
(i) Passport (with UK visa) and (ii) University Letter of Introduction or student card
(i)Passport (with UK visa) and(ii)University letter of introduction(iii) Proof of address
* You will require original banks statements if you are applying for a visa extension.
BANKING COMPARISON TABLE
Produced by International Office, The University of Edinburgh