Banking and Insurance

Banks close to campus

There is a Lloyds TSB cash machine on the Whiteknights campus that can be used with cards from most UK banks. There is a branch of NatWest a couple of minutes walk as well as a branch of HSBC approximately ten minutes walk away from the Whiteknights campus.

Most other banks and building societies have branches within the City Centre.

Insurance

It is sensible to insure your possessions and belongings whilst you are studying at the University.  If you are staying in University accommodation (Halls/Housing) then insurance can be arranged direct through the University.  If you are not staying in University accommodation then you will need to insure you belongings through another insurance company.  There are many companies offering insurance including Endsleigh Insurance, which has a branch on campus.

When insuring your belongings you should make sure that all your belongings are covered (including clothing, electrical equipment, jewellery, etc.) as well as checking what you are covered against (e.g. fire, flood, theft, etc.).

Opening a Bank Account

UK Students

You should try and make sure you have a bank account set up before you take up your place at the University.  If you haven't then make sure you have access to enough money to cover the first couple of weeks here.

EU Students

You will not be able to open a bank account until you have registered at the University.  You should make sure that you have access to enough money to cover the first month at University as it can take up to three weeks for an account to be opened.

International Students

Opening a UK bank account can take up to three weeks.  Make sure that you have access to enough money for this period.

Some questions you might want to ask before you open your UK bank account:

• What paperwork will I need to supply to open an account?
• How much will it cost to access my account from overseas?
• What charges are involved in sending funds to and from the UK?
• How secure are the methods of money transferral?
• Are a cheque book, cheque guarantee card and cash card included?
• What are the benefits of your student account in comparison to those offered by other banks?
• How long will it take to open the account?