1. OPENING A UK BANK ACCOUNT

2. Why open a UK Account Advantages: its cheaper! If you get a job, your employer will want to pay your money directly into a UK account You cannot set up direct debits (eg for a telephone contract) from an overseas account You will receive bank statements.

3. What sort of account? Basic bank account which allows you to pay money in and take money out Usually provided with an ATM card to withdraw money at cash point No Credit or overdraft facilities

4. How to open a bank account? Proof of identity Tenancy agreement if you are NOT living in College accommodation Utility bills showing your name – you will not have these if you have only just arrived in the UK Formal letter from KCL confirming your student status; start and end dates of your course; confirmation of both your overseas and UK address. Needs address of the bank

5. Which to choose Do your own research – find a bank that suits your needs A-Z of Financial Terms explains some of the acronyms and terms used in British Banking – available to take away

6. Local banks in Camberwell HSBC, 23 Denmark Hill, London SE5 8RP Barclays, 1-3 Butterfly Walk, Camberwell, London SE5 8RW NatWest,70 Denmark Hill, London SE5 8TT Lloyds TSB, 25 Camberwell Green, London SE5 7AB Santander, 34 Denmark Hill, London SE5

7. More information KCL Student Information & Advice www.kcl.ac.uk/advice www.kcl.ac.uk/advice Email advice@kcl.ac.ukadvice@kcl.ac.uk The Compass www.kcl.ac.uk/thecompasswww.kcl.ac.uk/thecompass The Financial Services Authority: www.moneymadeclear.fsa.gov.uk www.moneymadeclear.fsa.gov.uk IoP Student support adviser: Charlotte.townsend@kcl.ac.uk