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Frequently Asked Questions

How do I open a bank account in Spain?

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The process is similar to the UK. You will need to take along your passport, 2 additional forms of identification and a proof of address.

How do I open a bank account in Singapore?

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To open an account in Singapore, you will need copies of your passport, employer's letter, and a statement from a bank in your home country. Most of the major banks in the world are represented here. Singapore has extensive facilities of automated teller machines (ATMs) and a cashless payment system called NETS for your paying convenience. If you plan to stay in Singapore for an extended period, you should use these facilities. See similar questions...

Can I open a bank account in the UK?

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It has become extremely difficult for short-term (less than 1 year) foreign students to open an account with a UK bank. In general, if you are studying for less than 6 months, there is no chance. Usually, the bank will require you to be taking a course for at least 1 year. You will also have to prove that you have held a bank account in your own country for at least 3 months (you will have to show them your bank statements). See similar questions...

Can I open a bank account in Taiwan?

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Will I be able to send money back home? Yes. You will be considered an Alien Resident of Taiwan. With your passport, you will be able to open a bank account at most banks. Through your bank account in Taiwan, you will be able to transfer funds anywhere in the world, for a small transfer fee. Through your bank account in Taiwan, you may wire 75% of your salary out of Taiwan. See similar questions...

Can I open an account at your bank?

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No. The Bank of Canada is not a commercial institution. It does not provide regular banking services, nor does it accept deposits from the general public. Its clientele are the federal government, other central banks, commercial banks and certain other financial institutions. See similar questions...

Should I open a business bank account?

You will need a business account if you want to accept checks under your business name. It also make it alot easy when tax time comes around. In order to open a business account you need to goto your local records department and get either a FBN (Ficticous Business Name) or a DBA(Doing Business As). You will need to file you FBN or DBA with the county clerk. Many counties then require you to publish a notice in a local publication for a few weeks. See similar questions...

Can you help us open a bank account?

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We will make these arrangements for you and either take you to a local bank or arrange for them to send you the necessary documentation. This is a simple process but should be set up as soon as possible. See similar questions...

Can I open a bank account in Turkey?

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Most of the Turkish banks will accept foreigners as clients. Your passport and a tax number is always required (you can get your tax number from the local tax office (Vergi Dairesi). Cash point cards are available and can be applied for once the account is open as well as the internet banking facility. A bank account is especially useful if you will be having monies transferred from the UK. See similar questions...

How do I open an offshore bank account?

Private Banking FAQ
The requirements and length of time it takes to set up an offshore account are dependent on the amount you are proposing to invest, and the size of the offshore institution with which you are dealing (opening an account with a major bank may take 4-8 weeks, as it can take this long to check documentation and confirm references). See similar questions...

How do I open a Spanish Bank account?

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Yes and it is excellent and again free of charge. You will also find a good selection of international schools if you prefer, tuition fees vary. See similar questions...

Can I open a bank account in Italy?

Faq: frequently asked questions
Foreign students are unfortunately not entitled to open a bank account in Italy, they can only open a "libretto al portatore", which is a sort of a savings book where you can put your money, but you cannot have the use of an ATM or of a credit card. There is a very good school in Florence called Art Studio Fuji: it's a professional school and Art Workshop offering various programs at all levels. See similar questions...

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