In recent years, many digital banking solutions have become available, which allow you to have an online banking solution from abroad, before arriving in the UK.
Even if this is not a good solution for you in the long term, we recommend arranging a temporary account for you to use in your first few weeks, to avoid carrying a lot of cash (thefts of cash can, and do happen, even to Warwick students!)
Remember that these tend to be online or telephone services only, so you wouldn't have a local branch to go to in case of difficulty.
As this is often not the same as opening a UK bank account, you may need to check with your provider if you will be able to set up Direct Debits to a UK account, and whether the bank card can be used to make payments in local shops or online.
If you are planning to use Union Pay, please be aware that many retailers in the UK do not accept this as a means of payment, including several large supermarkets. Please make sure that you therefore bring another means of paying for items online (such as a Visa or Mastercard card) whilst you are waiting for your UK bank account to open.
Below are some links to such providers - please remember to check their terms and conditions carefully, to make sure that these banking solutions can meet your needs, and that they are regulated by a recognised financial regulatory body (e.g. the Financial Conduct Authority (FCA) in the UK.
The University does not recommend any one account to you.
- You may be able to arrange a digital banking solution from abroad. Examples are listed below, but there are many options available.
Please be aware that some of these may not be available if you live outside the EU or EEA.
- Some global banks also offer an international bank account. Examples of banks which offer such services include:
Remember, other banks are available, and the University does not recommend any particular bank or bank account to you.