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    Are any existing UCL students able to recommend a bank (that is hopefully not evil) to open a student account at?

    I'm from Germany, so I'd like to get that stuff sorted out before my course starts in September.
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    When I came to UCL I opened my account on the first day with HSBC (Tottenham Court Road) Just needed a letter from the halls and the acceptance letter from uni
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    what is the actual difference between a regular bank account and student bank account?
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    You can often get perks like Natwest give you a rail card for 3 years.
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    http://www.moneysavingexpert.com/stu...t-bank-account

    http://www.savethestudent.org/money/...-accounts.html

    Wait a little till all the banks release what they have to offer this year


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    (Original post by Mastergalen)
    Are any existing UCL students able to recommend a bank (that is hopefully not evil) to open a student account at?

    I'm from Germany, so I'd like to get that stuff sorted out before my course starts in September.
    As a German just moving to the UK, you will not be able to open a student bank account. The banks require you to have lived in the UK for a least 3 years prior to opening a student account.

    Some banks offer International Student accounts, usually without all the perks of a regular student account. Otherwise, you'll just have to open a standard bank account with any bank.
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    (Original post by Noodlzzz)
    You can often get perks like Natwest give you a rail card for 3 years.
    For internationals its more a case of having a local currency account
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    (Original post by samba)
    For internationals its more a case of having a local currency account
    And preferrably a bank that supports SEPA-transactions so you can avoid high transfer fees.
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    (Original post by cortadita)
    what is the actual difference between a regular bank account and student bank account?
    0% overdraft. Which comes in handy with the occasional late payment.
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    Great to know, but is it true that people from outside UK cannot open student bank account? In such a case I also wouldn't be able to do that...
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    (Original post by cortadita)
    Great to know, but is it true that people from outside UK cannot open student bank account? In such a case I also wouldn't be able to do that...
    Yes, they require 3 years of residency in the UK.

    Just go to the bank websites for their student accounts and look under conditions/eligibility.
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    Santander
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    (Original post by Mastergalen)
    Are any existing UCL students able to recommend a bank (that is hopefully not evil) to open a student account at?

    I'm from Germany, so I'd like to get that stuff sorted out before my course starts in September.
    Lloyds

    NOT TSB: The manager said that he would get back to me with regards a student account.. No call back..

    Going inside my particular branch is a like time machine into the 90s, albeit with hideously slow computers and a backwards que service..
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    Definitely agree with this.

    From past experience it's best to wait until early August when they all release their details.

    Don't want to get stuck with a bank that's offer turns out not to be too great.
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    (Original post by BabaTong)
    As a German just moving to the UK, you will not be able to open a student bank account. The banks require you to have lived in the UK for a least 3 years prior to opening a student account.

    Some banks offer International Student accounts, usually without all the perks of a regular student account. Otherwise, you'll just have to open a standard bank account with any bank.
    You can get a basic account, just like I did as a foreign student. You just can't get the overdraft, aka your balance going below zero. You just need a letter from your uni to start one.

    I can recommend Lloyds or TSB, they were alright (except the transfer fees from other countries are ridiculous, use Transferwise). I used to be with RBS but then they changed the way that you could only take money out from their own ATMs so I had to change banks.
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    (Original post by 123kat137)
    This is NOT true. I lived in Glasgow for 4 years and I am from Finland. You can get a basic student account/something similar, you just cannot get overdraft (aka your account going below zero). None of my foreign friends had any issues with this either (Lloyds/TSB and RSB at least), you just need a letter from your uni to start the account.
    In which case it is no longer a student account, but rather a regular account with a different name.

    The entire point of the student account is the overdraft and other perks (a railcard for example), which is exactly what you can't get.

    Opening a normal bank account is no problem at all.
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    (Original post by BabaTong)
    In which case it is no longer a student account, but rather a regular account with a different name.

    The entire point of the student account is the overdraft and other perks (a railcard for example), which is exactly what you can't get.

    Opening a normal bank account is no problem at all.
    gotcha, fixed my mistake. then again, just starting my whatever basic account turned out to be a massive nightmare -_-"
 
 
 
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