loan,banking and credit
*Loan,banking and credit>>>bank account

UK: Have the rules changed about opening a bank account? My friend opened one without proof of address?



My friend just opened an account with no proof of address, no job (he's looking for a job earning minimum wages) and the bank manager offered him a silver account with overdraft! I went along to this interview and I could not believe it. I advised my friend against the silver account so he went for a basic one without monthly fees. But I was so surprised how can someone open an account without proof of address, is this right?

Sounds dodgy!
All financial institutions run checks on people, but they need evidence of who you are to do this.
The manager needs to go back to school.
the futures bright...
Was the bank's branch a caravan in the middle of the town centre?
Everytime iv opened a bank account, iv needed to show proof of address, to show them i am who i am !!
" Where and Which Bank " tell us All?
Bank managers don't open accounts as a general rule - it is something left to a minion. And with what funds did your 'friend' open this account? There are rules in the UK for opening accounts - the institution is liable if the money is found to be stolen or otherwise connected with crime. Would you like to name the bank and the branch you went to?
what you have stated is a virtual impossibilty no bank can open a account until proof of address and proof of ID. the bank may take details at a interview but before the account is opened you will have to provide the proofs. what in fact you attended was a prelim interview and further investigations will be made believe me
Tags
alliance bank bank loan financial services online banking bank account bank checks bank holidays
Related information
  • UK: Have the rules changed about opening a bank account? My friend opened one without proof of address?
  • Why do banks and building societies advertise high interest savings accounts?
  • Can a bank freeze my wifes accounts?
  • Can you get a personal loan from a bank that you dont have an account with?
  • Bank of america-closing account?
  • Does anyone have any advice on opening a bank account while being on chexsystems?
  • How much should I leave in my bank account at all times?
  • Is there a way to get money into my bank account from a different bank?
  •    

    SiteMap--Copyright/IP Policy--Contact Webmaster--Resource of HR
    For personal non-commercial use only.