Home Orrex's Top How to Open UK bank account without proof of address - July...

How to Open UK bank account without proof of address – July 2020

These are some new banks established in the UK. These banks have the potential to open bank accounts on the spot. Some of these banks also let you open UK bank accounts without proof of address.

The best part is, you don’t have to even go to any branch or offices.

Simply fill in the details on their mobile apps and then verify your identify by taking pictures of your documents and then a video of yourself.

Monzo

Monzo is a challenger bank based in the United Kingdom. It started off by operating through a mobile app and just a prepaid card.

In April 2017 the company was given a full UK banking licence and restrictions were lifted, giving it the ability to offer a current accounts like other standard high street banks.

Monzo was one of the earliest app-based challenger banks in the UK alongside Revolut and Starling Bank.

Revolut

Revolut is another British challenger banks company that offers tech-led banking services.

It is one of the fin-tech banking firms that offer hybrid banking services such as GBP and EUR bank accounts, a MasterCard prepaid debit card or a VISA debit card, fee-free currency exchange, stock trading, cryptocurrency exchange and peer-to-peer payments.

The firm offers other services such as Insurance, Peer-to-peer lending, Remittance.

Starling Bank

Starling Bank is an advanced challenger bank situated in the United Kingdom. Its central offerings currents and business accounts.

Headquartered in London, Starling Bank is an authorized and regulated bank, established by Anne Boden in January 2014. Boden previously held COO position at Allied Irish Banks.

Since its establishment, it has raised over £230m in funding. The bank got its financial licences from the Prudential Regulation Authority and the Financial Conduct Authority in July 2016.

Home | Banking Articles | Technology

Most Popular

How to connect iPhone to TV wirelessly without Apple TV

We live in a world where on demand TV is the norm. But some of us don't have very expensive on-demand TV...

How to Open UK bank account without proof of address – July 2020

These are some new banks established in the UK. These banks have the potential to open bank accounts on the spot....

British Youtube Pranksters Worth Following

Figures correct as of 2014. YouTube is a wonderful mass of videos of all kinds but among the various topics, there is one that definitely shines...

BEST Mid Range Gaming PC Build UK

To play the most graphically demanding games with the highest graphic settings requires a very expensive build; some enthusiasts insist on spending...

Recent Comments