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Banking In UK​

It is very important to have a personal savings bank account for performing all our financial transactions and especially to enable the employer to credit our monthly emolument on time.

There are many leading banks in the UK like;

  • HSBC

  • Barclays

  • Lloyds

  • TSB

  • Halifax

  • NatWest

Every person or employee should hold a bank account to draw the salary and other monetary benefits. UK bank accounts can be opened by directly visiting the branch or online and may consume up to a week’s time. One should have a valid ID proof, a letter from the employer confirming the place of work, date of employment, and the current salary along with the address proof. Banks are found along most of the high streets and are generally open between 9 AM and 4:30 PM. Generally, the banks function from Monday to Friday, while there are some branches in the larger towns work also on Saturdays.

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