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Foreign nationals

Banking for foreign nationals

Foreign nationals

When you are planning on moving to a new country to work, to build a new life, to visit family or to study as an international student - you'll have plenty to think about. Before you arrive you'll need to arrange the correct Visa, organise your travel and find somewhere suitable to stay. Once you arrive you'll need to apply for your National Insurance Number, secure employment, learn the local laws and most importantly you will need to apply for a local bank account (also called a current account or checking account in the UK).

Traditional banks require proof of address

Regular banks are slow and require extensive paperwork from customers before they will allow them to open a basic bank account. They ask for official printed documents like utility bills that prove you have a permanent ‘fixed’ local address and for many new arrivals including expats, migrants and international students it is impossible to get these documents without living in the new country for a significant amount of time.

Get your local account with Monese instantly

At Monese we've simpifed the process of opening a current account as a foreign national, all you need is our app. You don't need to have a local address or credit history and you can open and account in as little as 120 seconds. Install the Monese app today, open your account and order your debit card!

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