Open Bank Account

Want to open a bank account? Difficulty in deciding what to do? Continue reading about Choosing, Opening Managing and Closing a Bank account in this page

Choosing a bank account

There are various types of bank accounts that are suited to different customer needs. Kindly see below before you choose to select the most suitable for your needs.

Opening A Bank Account

Opening a bank account

Opening a high street bank account can be a simple process – you generally have to apply for the account first, giving a few details such as:

Depending on the bank you choose and the type of account you want to open, the bank may run a credit check to examine your financial history. If they accept your application, they’ll notify you and you’ll later receive your debit card and pin number in the post, normally in separate instalments. You will probably need to activate your card online or by phone before you can use it.

You can open a bank account in person by visiting the branch, or you can do it via phone or online; you’ll still need to provide the above details, but you might still have to visit a local branch so they can make copies of your documents.

Managing your bank account

Once you’ve opened a bank account, you’ll have different options for how you want to manage your money:

Face to face

The traditional banking methods involve dropping into your local branch and speaking face to face with a bank employee, so they can help you with any questions or problems you may have.

Over the phone

You’ll also be able to contact your bank through the phone to ask for help or advice with your finances.


Most banks also have an online platform/app that lets you access your bank account and conduct transactions 24/7.

Closing a bank account

Closing a bank account shouldn’t be an issue. It normally just requires you to contact your bank and tell them you want to close the account. It’s unlikely you’ll be charged or penalised, but if there’s an outstanding overdraft you’ll have to pay it off first or you can ask a debt advisor if you are not in the position to pay your overdraft.