Which Bank has the highest interest rate in the UK?

Can i open a bank account in UK?

  • Hello, I am from Bulgaria and i was wondering if i can open a UK bank account. Can i transfer money to UK and leave it there? Do you know the interest rate for deposit less that 100,000 pounds? Thank you!

  • Answer:

    In order to open a bank account you'll usually be asked to: prove who you are prove where you live prove student status, if relevant fill in an application form in some cases pay some money into your account For accounts that allow you to borrow or go overdrawn, the bank may want to run a 'credit check'; in other words to get references from previous banks or lenders that you are a reliable customer before opening the account.

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Other answers

No; you could not provide proof of a UK address as required by money laundering regulations

Jo W

I have a friend from UK who has bought property in Bulgaria. He has money deposited in a Bulgarian account, because he thinks the rate is better over there. However; check the web site below for UK banking requirements.

Gerry Attrick.

Interest rates in the UK are extremely low at the moment, and bank lending rate is 0.5%

devonian Rodders

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