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Opening a UK bank account

  • 25-04-2012 2:21pm
    #1
    GlennaMaddy
    Registered Users, Registered Users 2 Posts: 851 ✭✭✭


    I rent out a holiday home and I occasionally need to accept payment from UK customers who prefer bank transfers over PayPal. A lot of these don't understand that there's a difference between a domestic bank transfer and an IBAN transfer, I've lost a few customers who couldn't figure out the difference, and of those that do, some struggle with BIC codes etc.

    If I could open a bank account in the UK/NI this would make things easier, anybody know if I can do this as an irish resident and citizen, and if any of the Irish banks have arrangements with UK banks?

    I'm a PTSB customer -IEPBS ;-)

    PS: I searched 'UK Bank account' on here and didn't find anything.


Comments

  • #2
    finnteme
    Registered Users, Registered Users 2 Posts: 970 ✭✭✭finnteme


    GlennaMaddy wrote: »
    I rent out a holiday home and I occasionally need to accept payment from UK customers who prefer bank transfers over PayPal. A lot of these don't understand that there's a difference between a domestic bank transfer and an IBAN transfer, I've lost a few customers who couldn't figure out the difference, and of those that do, some struggle with BIC codes etc.

    If I could open a bank account in the UK/NI this would make things easier, anybody know if I can do this as an irish resident and citizen, and if any of the Irish banks have arrangements with UK banks?

    I'm a PTSB customer -IEPBS ;-)

    PS: I searched 'UK Bank account' on here and didn't find anything.


    http://www.boards.ie/vbulletin/showthread.php?p=74620025

    Found this via boards.ie search, mabe this would be an option?


  • #3
    frogcheese
    Site Banned Posts: 22 ✭frogcheese


    depending on how far away you live from the border, head to the North and all you need is a Bill with your address and passport and you can open a bank account in the North its very easy.. Yeah the BIC and IBAN has messed me up before trying go sell stuff online, paypal is the best.


  • #4
    secretambition
    Closed Accounts Posts: 192 ✭✭secretambition


    Yes. I think you can open a bank account in a country where you do not live usually. I've done it twice. It can take longer to do the admin. though. I think they have to do more checks. I was advised when I wanted to open a UK bank account back in 2006 that it might take up to 8 weeks, though in the end it was much less. Go online, look at a few UK accounts that might suit you, and contact the relevant bank to see what their procedures are.

    PS - I didn't live anywhere near the border so walking into a UK bank wasn't really an option, but if you do, go with that.


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