Having a local bank account can make it easy for you to protect your money, manage it better, and access it no matter where you go. Most banks offer debit cards that allow you to make purchases without having to carry physical cash.
Banks are also helpful when you are looking at obtaining credit, investing your money, or getting a mortgage to buy a home. You can also have your paycheques direct deposited into your account.
At most banks you will be required to present at least two pieces of acceptable, original identification. These must be the originals and not photocopies.
There are a number of banks available in London. We encourage you to work with your settlement agency to determine which is the right for you.