Register with banks in the United Kingdom

Some of our citizens wish to move permanently to the UK and open a business there. However, the majority of Ukrainians are now moving to the territory of the United Kingdom, fleeing the war. And the problem of how to open a bank account in England is becoming very relevant for many.

What does opening an account in an English bank give?

One of the important tasks that must be completed upon arrival in the country – open a UK bank account. For some citizens, it will be necessary in order to receive social assistance, and in the future, wages. For people who want to start their own business or register a company here, having an account provides:

  • receiving money from partners and counterparties;
  • carrying out various payments;
  • accumulation of savings;
  • transactions in different currencies;
  • sending enums;
  • investments.

Attempts by companies and individuals to open an account in an English bank on their own can in most cases fail, so we recommend that you seek help from specialists. Crystal Tax has been successfully operating abroad for many years. We offer specialists who have not only excellent theoretical knowledge, but also rich experience in solving legal issues. We provide inexpensive, highly professional advice.

Necessary moments to open an account in England

To open an account in the UK, first of all, you need to apply for a Biometric Residence Permit, a biometric residence permit, which is an identification card confirming the right of a person to stay in the state and carry out their activities.

Citizens of Ukraine have no more than ten days to issue this card. Without it, you can stay in the United Kingdom for no more than six months. After applying for a biometric card, you can use the full package of rights in the UK, including opening a bank account.

What documents do I need to open a UK bank account?

The specialists of our company will help to collect and process all the necessary documentation to open an account with the Bank of England, as well as provide legal support for the entire process.

What you need to provide to a banking institution:

  • e-mail created in your name, linked to your current phone number;
  • confirmation of the actual place of residence in the territory of the state;
  • identification and visa documents;
  • utility receipts

The package of documents may differ depending on the purpose of opening an account. It is very difficult to understand how to open an account in an English bank, to understand all the peculiarities of the legislation of another country, so it is better to seek help from professionals who work at Crystal Tax.

How is opening an account in the UK?

To go through this procedure, the personal presence of the client at the bank branch is required. In this case, a complete package of documents must be available. Immediately after opening an account, a bank client receives a card and, if necessary, a checkbook. English banks do not charge any fees for using the account, with the exception of certain transactions.

If you don't know how to open a UK bank account, no problem – contact our company for help. Crystal Tax specialists provide a wide range of legal services, their professionalism and experience allow them to cope with any tasks.

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Maksym Stepanenko

Maksym Stepanenko

Managing Partner, Crystal Tax

International client projects since 2012: company structures, tax, immigration, DUNS and NCAGE. 50+ jurisdictions.

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Corporate structuring, company registration in Ukraine and abroad, tax and reporting, migration, bank accounts, DUNS and NCAGE codes. We run the whole project, from choosing the solution to the finished documents.

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We name the timeline for every step before the work starts — it depends on the jurisdiction, the registrar and the bank. Personal data is used only to deliver the service.

We deal with authorities and banks

We handle the correspondence with registrars, government bodies and banks and answer their requests ourselves. From you we need documents and signatures.

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We take each case to the finish: if an authority or registrar comes back with remarks, we revise the documents at no extra charge. The fee is calculated for your task before work starts.

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