International Student Bank Account | Royal Bank of Scotland - RBS This is the annual interest rate of an overdraft. Learn more. Ex: Social Security card, student ID, credit/debit card from another bank, current vehicle registration, foreign driver's license Please note: Non-U.S. citizens also need to show proof of U.S. residency Good news! Arranged overdraft limits and interest rates vary based on your individual circumstances. You must be 18 or over to apply. This interest rate does not include any other fees and charges. If you don’t have the documents listed above, we may be able to accept others so please speak to a member of staff if you have any questions about this or any of our services. Once you’ve opened your 1l2l3 Student Current Account and registered for Online Banking, a unique code will be sent by secure message to your Online Banking within 5 working days of account opening. Scotiabank offers specified programs and bank accounts tailored for the needs of students. If you’re a child or teen, our Under 19s Account is the easy way for you to make the most of your money, with a competitive rate of credit interest and easy access to your money. When you are no longer eligible for the Student Account, for example you graduate from your course, we will convert your account to a Graduate Account, unless you make alternative arrangements with us. Get a Student Account with a great range of benefits and discounts. Most banks actively target students in the hope that once you’ve graduated and start making money, you’ll stick with them. Bank of Scotland plc Registered Office: The Mound, Edinburgh EH1 1YZ. A current account designed for students in full-time education and apprenticeships. You can choose from the following: We reserve the right to ask for additional documents. Use the unique code at our railcard website to order your free 16-25 Railcard. We’ve got a student bank account with the benefits you need to make your time here a little easier. To be eligible for the Interest free overdraft you must use your Student Royalties Account as your main current account by depositing at least £750 every 6 months and making at least 3 debit transactions every month. Foundation account, a basic account with stripped back features. Upgrading your Bank of Scotland current account to Platinum opens the door to a range of additional benefits from third party insurance providers. Bank of Scotland. - Setting up an arranged overdraft is free and you’ll only pay daily arranged overdraft interest if you use more than your interest-free amount. Opens in a new browser window. Visit the Bank of Scotland YouTube page. First things first: what are the different accounts available? Opens in a new browser window. ! Whether you're an international student studying in the UK on a year abroad or for your full degree, this guide will help you choose the best bank account for you. Visit the Bank of Scotland YouTube page. Bank of Scotland Student Account. All documents must be the most recent ones. Open a Student bank account with NatWest and get 1 of 3 offers. You will need to be aged 17 or over, on a degree course or equivalent full time education and have been a permanent UK resident for the past 3 years to apply. Swift codes for BANK OF SCOTLAND (BIC codes) Browse through all available bank swift codes used by BANK OF SCOTLAND. Year 1 of study - first 6 months from accounts opening, Year 1 of study - months 7 – 9 from account opening, Year 1 of study - months 10 – 12 from account opening. Date posted: October 27, 2013 banker. If you plan to study in the UK, you may be eligible for our Classic Account or another one of our Bank of Scotland current accounts. So that we can support those in the most vulnerable situations please only call if it is urgent. Sometimes we need to plan for the unexpected and having an arranged overdraft limit set up can provide you with the flexibility of extra money to help tide you over. General banking & account queries. Even if you don’t think you’ll get a part-time job or student loan, you’ll need somewhere to hold your money, especially given the ease of contactless and the various budgeting options on offer, it’s easy to see why you’d want a student bank account if you don’t already have one. Bank of Cyprus uses cookies on this website aiming to improve your online experience. Bank: Bank of Scotland: We've had a customer-led Ethical Policy for over 25 years and we put our customers at the heart of everything we do. So that we can support those in the most vulnerable situations please only call if it is urgent. Bank : Bank of Scotland: Branch finder : Branch Finder: Apply online : Apply Online: Year 1 overdraft ( £ ) 1500: Year 3 overdraft ( £ ) 1500: Year 5 overdraft ( £ ) 2000: Submit review View reviews (2) View ratings. The Student Account comes with an interest-free arranged overdraft of up to £1,500 in years 1-3 and up to £2,000 in years 4-6. You will need to go to a branch once your application is successful to provide staff with the following: Simply login to your Internet Banking. T&C’s apply. Your UCAS confirmation of place letter or a letter from your university or college confirming your place. Visit the Bank of Scotland Facebook page. All overdrafts are subject to application and repayable on demand. Find out more about the benefits of a Bank of Scotland current account. Opens in a new browser window. Applying for an account online can be a convenient way to open an account but do bear in mind that you will be required to provide proof of identification and address at a Bank of Scotland branch to complete your application. You'll need to be 18+ and have a confirmed place on a qualifying course at a UK university or college. Personal UK Internet Banking customers only. This document must show your full name. You will need to prove your student status when opening your account, something we'll come to later in the guide. If you’re a child or teen, our Under 19s Account is the easy way for you to make the most of your money, with a competitive rate of credit interest and easy access to your money. We are experiencing a high number of calls at the moment. Swift codes also known as BIC Codes is a unique bank identifier used to verify financial transactions such as a Bank Wire Transfer. More and more customers are choosing the flexibility, convenience and safety of banking on their mobile. Opening a bank account - International and EU students. Visit the Bank of Scotland Twitter page. When you graduate, we’ll still be here to help, converting your student account to a graduate account which also provides an interest-free offering. If you’re studying at or going to university soon, our Student Account is full of smart extras that will help you keep on top of your finances so you can focus on your studies and enjoy yourself. Banking safely and keeping your details safe, Avoid unknowingly becoming involved in criminal activity as a money mule. You must be 18 or over to apply. The link below will take you to the start of the application. You can also apply for a free overdraft of up to £3,000 starting at … Terms and Conditions apply. To be eligible for a Bank of Scotland Student Current Account, you’ll need to be studying on a full-time degree course (or equivalent) that lasts at least two years, or a one-year course that leads to a full-time degree. You can apply for a tiered interest-free arranged overdraft (subject to application and approval). You also get a four-year 16-25 Railcard (worth £90ish) which gets you a third off rail travel, though you may not be travelling as much as normal with coronavirus travel restrictions and more online lectures. Bank Account. Total average. Make sure you ask about bank charges. You can use our eligibility tool to find out if you are eligible for an arranged overdraft. Got any questions? original letter on headed paper issued by educational institution confirming place on a course (must confirm full name, UK and overseas address, start and end date of course). The Royal Bank of Scotland offer a variety of current accounts, including: Select account, an everyday current account. The bic codes below belong to BANK OF SCOTLAND bank and/or any of its branches across all countries and cities in the world.. 60 / 100. Monthly fees apply. Before arriving in the UK it may be useful to ask your bank at home whether they have a special relationship with a particular UK bank and whether this can help you in setting up a bank account. Information for International students applying for a Classic Account. Registered in Scotland no. Get details about student's chequing and savings account. 0345 721 3141 Open 7 am - 11 pm, seven days a week If you have a hearing or speech impairment, you can contact us using Text Relay or Textphone on 0345 600 9644 (lines are open 9am to 5.30pm, seven days a week). They list the top international student bank accounts for 2020, along with reviews of each provider and are also a good source of information for other student finance matters. Are also treated to benefits including freebies and interest-free overdrafts Scotland plc, Registered Scotland. Something we 'll come to later in the guide be tricky and approval and repayable on demand name... 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