'Managing your money when you study in the UK is easier with a UK bank account. You’ll find plenty of accounts to suit your needs as an international student and advice to keep control of your finances. '
When you open your international student bank account you will need:
- your passport
- a letter of acceptance from your place of study
- proof of your address at home and in the UK
- reference and statements from your home bank.
Before you travel to the UK
Ask your college or university what your options are for paying fees, so you’ll know what facilities you’ll need. You should then contact your bank at home and ask:
• how you should transfer your money to the UK
• about running a bank account in the UK
• whether your bank has a special relationship with any UK banks
• whether you can use cash cards from your home bank in cash machines in the UK.
Managing your international student bank account
It is important not to overspend on your account, as your bank will charge you if you go overdrawn. If you think you need more money than you have in your account, speak to your bank’s student adviser about arranging an overdraft.
For more information on managing your money visit the FSA (Financial Services Authority) website.