WEBVTT

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Hi, my name is Pranav,
I'm from the Student Experience team here

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at Warwick.

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So if you're a new student arriving or
already arrived at Warwick,

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one of the most important things to do is
to open a bank account.

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Whether you're a home or an international
student,

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it's important to know that Warwick is a
cashless campus.

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This means that you will need a
contactless card or app to pay for things

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like food,
travel and laundry while on campus.

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If you're an international student,
you might already have a contactless card

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with your existing account,
but these can be problematic for long

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term use as they can have poor exchange
rates and have problems with UK

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contactless systems.

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Opening the UK bank account will get you
the contactless card you need while also

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making it possible to do things like
paying your bills and working part time

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jobs as most of the employers and utility
companies will only accept UK bank

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accounts.

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If you're a home student,
make sure you're looking at student

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accounts as these have a lot of
additional benefits such as freebies like

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Railcard and large arranged overdrafts to
give you a bit more breathing space if

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money is a bit tight.

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See the article from Save the Student
link below this video for a breakdown of

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the top student bank accounts to find the
best fit for you.

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Whether you are a home Oregon an
international student,

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it can take a few weeks to set up a UK
bank account,

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but we don't want you to miss out on all
the fun on campus in the mean time.

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This is where digital bank accounts come
as a great temporary fix.

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These app are quick and easy to set up
and will allow you to pay for things on

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campus.

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However,
not all digital banks are fully licenced,

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meaning that they might not offer the
same level of services or protection for

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your money as they are not protected by
the FSCS.

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Check the Save the Student article on the
best app based banks for more details.

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We would only recommend using digital
banks as a temporary solution while you

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wait for your UK bank accounts to be set
up.

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So how do you open AUK bank account?

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Most UK bank accounts now offer a digital
first approach,

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meaning that you can apply online and in
lots of cases they'll be able to verify

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your documentations and get your account
set up without you ever having to set

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foot in a branch.

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We usually need to provide a photo ID to
prove your identity,

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as well as an evidence of your
immigration status.

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We'll also need a proof of address,
often through a signed tenancy document

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and a copy of your student status letter
if you're applying for the student

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account.

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Some banks will also require auk phone
number for verification.

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Even if you have applied online and done
everything correctly,

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some banks might still ask you to come to
the branch and show your documents.

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Don't worry, you have done nothing wrong.

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This is a normal part of the process.

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If this is the case for you,
your bank will give you clear

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instructions on how to do this and what
exactly you need to bring with you.

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If you need more help or information then
you are not alone.

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You can find information on opening a UK
bank account on the Warwick website.

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Plus,
during the Welcome week we will have

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representations from the local banks on
campus to help you open an account.

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See the link below this video for the
time slots and locations of

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representations,
advice on different bank accounts and

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everything you need to get started
sorting your banking out early and you'll

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be free to focus on what really matters.

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Enjoy your time here at Warwick.