Opening a UK Bank Account
If you’re an overseas doctor relocating to the UK, setting up a bank account is a key step to manage your NHS salary and everyday expenses. It’s straightforward once you know the ropes, but arriving without one can complicate things. Here’s how to get started and what you’ll need.
Why You Need a UK Bank Account
Your NHS pay needs a local account for direct deposit, and it’s tough to pay rent, bills, or get a mobile contract without one. Debit cards beat cash for daily buys, and building a UK financial record helps with future loans or mortgages. Overseas accounts work short-term, but fees and delays pile up fast.
When to Open One
- Before Arrival: Some banks (e.g., HSBC, Barclays) offer international accounts you can start online from abroad, switching to a UK version on landing. Handy if you’ve got a job offer and address lined up.
- After Arrival: Most wait until they’re here with a fixed address. It’s easier with proof of residency, and you’ll be sorted within days.
Which Banks to Choose
- High Street Banks: Barclays (0345 734 5345), HSBC (0345 740 4404), Lloyds (0345 300 0000), NatWest (0345 788 8444). Solid for salaries, debit cards, and apps. Basic accounts are free; extras like overdrafts cost £10-£20 monthly.
- Online Banks: Monzo, Starling, Revolut. No branches, but quick setup via apps. Free basic plans, good for newcomers with minimal UK history.
- Specialist Options: HSBC’s Expat account suits temporary stays, with multi-currency perks (£500 minimum balance).
What You’ll Need
- ID: Passport or biometric residence permit (BRP).
- Proof of Address: Rental agreement, utility bill, or NHS job letter with your UK address. Some accept temporary spots (e.g., hotel bookings) if you’re fresh off the plane.
- Visa: Health and Care Worker Visa or similar, showing work rights.
- Extras: Job contract or GMC registration letter boosts credibility.
No UK credit history? No problem for basic accounts, though premium ones might need a check.
How to Apply
- In Person: Visit a branch with your docs. Book online first; walk-ins wait longer. Takes 30 minutes, card arrives in 5-10 days.
- Online: Most banks (Barclays, Monzo) let you start via their site or app. Upload ID and address proof; approval’s instant or a few days. Cards post out fast.
- Phone: Call to pre-arrange (e.g., NatWest), then pop in to finish.
Tips for Overseas Doctors
- Start Early: Apply on arrival to catch your first pay (NHS payroll needs details by mid-month).
- Temporary Fix: Use a prepaid card (e.g., Post Office, £5-£10) or overseas account until sorted.
- NHS Help: Some trusts partner with banks for fast-tracked accounts; ask HR.
- Avoid Fees: Stick to basic accounts (no monthly cost) unless you need overdrafts or travel perks.
What to Expect
Basic accounts give you a debit card, online banking, and direct debit setup. Sort code and account number (e.g., 12-34-56, 12345678) unlock payments. Apps ping transactions instantly, a boon for budgeting after shifts. Upgrades (e.g., savings, credit cards) come once you’ve built a record.
Your UK Financial Base
Opening a bank account in the UK is a quick win for overseas doctors. Pick a bank, gather your papers, and you’ll be ready for NHS life without a hitch. Get it done, and settle in smoothly.
If you’re interested in working in the UK and would like to discuss this blog, available positions in your specialty, or how we can assist you, please contact our Permanent & Fixed-Term Recruitment team at perm@shrgroup.uk.
