How to open an account with Union Bank in London?

Benefits and Features:

  • Current accounts in $US, £GBP and €uro
  • Savings accounts and fixed deposits in $US, £GBP and €uro
  • MasterCard® Debit Card in $US and £GBP
  • Payment services and money transfer
  • Cheque book available
  • Single or joint accounts
  • UK and international payment services
  • Regular statements
  • Foreign exchange
  • Overdrafts

Eligibility to open an account:

  • Aged 18 or over
  • Minimum initial deposit of £2,500, $2,000 or €2,500.

Procedure to open an Account

  • Currencies available £Sterling, US$ Dollar
  • Number of account holders Up to 2
  • Minimum balance None
  • Maximum balance None
  • Deposit Protection to the UK Financial Services Compensation Scheme (“FSCS”)protects the first £85,000 of each of customers’ money in the unlikely event that a claim needed to be made.
  • For joint accounts, each account holder is covered to a value of £85,000, the total cover is £170,000

Document Required to open account:

  • Current international passport
  • Photo card driving licence (UK & EU only)
  • Utility bill in permanent residential address, dated within the last three months.
  • Photocard driving licence,
  • Bank or building society statement of an account name with permanent residential address
    (one month statement but dated within three months)
  • National Identity card (provided that includes residential address)

How to open a Single account and Joint account with Union Bank in London

Single Account Form

Joint Account Form

Fees for maintenance

  • Elite or Royalty Account Maintenance Fee £100 (or $ equivalent) per year
  • Corporate Account £20/$40/€30 per month

List of Banks in London

Click the above link to view the list of Banks in London address, phone, email, working hours, website, direction and more

Leave a comment

Your email address will not be published.