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opening high st bank account with minium amount of £
02GF74 - 7/5/10 at 11:57 AM

as per title, anyone know of a high street bank that I can go in and open a current account with the minimum amount of cash?

one that can be managed over internet would be handy.

thanks.

(it is for verifying my paypal account)

55ant - 7/5/10 at 12:00 PM

ive opened one with a tenner, if thats to far to stretch you could open it with that then withdraw it.

loggyboy - 7/5/10 at 12:02 PM

Im not sure now adays, but most places used to let you open a basic account with a £1

02GF74 - 7/5/10 at 12:25 PM

ok - so I need to get down to town and knock on a few doors ....

treid to google for this info. but drew a blank.

theconrodkid - 7/5/10 at 12:32 PM

take a passport and shed loads of utility bills...been there,it,s quite painful

RK - 7/5/10 at 12:41 PM

Banks are quite nice about stealing any amount of money you may have. I am sure you will be made to feel welcome, once they think you have more than that 50p you plan to put in that one day... If they think 50p is all you've got, they won't give you the time of day. Dress well, it helps your cause.

02GF74 - 7/5/10 at 12:45 PM

quote:
Originally posted by RK
Dress well, it helps your cause.


not sure how it is related but thanks for the tip.

Mr G - 7/5/10 at 12:49 PM

quote:
Originally posted by theconrodkid
take a passport and shed loads of utility bills...been there,it,s quite painful


Girlfriend has just opened an account with

She has no passport or drivers license, took no bills as they are not in her name - just her P60. No deposit required to open account.

Edit - It's a basic account, also has online banking,debit card - No fees.


[Edited on 7/5/10 by Mr G]

David Jenkins - 7/5/10 at 01:39 PM

Halifax are fairly straightforward, and only require a token first payment. However, like most banks, you won't get much benefit until you put regular money in, e.g. £1,000 or more per month.

Avoid Barclays, for quite few reasons... such as incompetence, indifference, Indian help desks, etc., etc...

02GF74 - 7/5/10 at 02:36 PM

^^^^ no; as per first post. It is not for saving; just to get 8 digit account and 6 digit sort code to complete paypal verification.

intention is to have a couple of quid in there at most.

theconrodkid - 7/5/10 at 03:15 PM

funny,i am with santa dares and had to provide my life history....maybe i look a bit more dodgy than you o/h?

Confused but excited. - 7/5/10 at 05:59 PM

quote:
Originally posted by 55ant
ive opened one with a tenner, if thats to far to stretch you could open it with that then withdraw it.


If you do that, ie; make the balance zero, they will automatically assume that youi have closed the account and do it for you anyway.
Always leave a balance, Ideally a positive one but a negative one will also keep it open, unfortunately.

[Edited on 7/5/10 by Confused but excited.]