Hey readers! If you are interested in creating a bank account or interested to invest in a bank. Then this article must be for you people. This article provides the full details of British banks in the UK. Generally, 70 percent of the banks provide digital banking which is so easy to use and verify transactions.
Also, investors can invest in banks which are involved in many transactions. You can choose the bank to invest by the stock price. So this article provides the full details of the British banks in the UK, which provides an idea to invest it or not. To know, read this article.
British banks in the UK
Many people think that British banks are only for UK residents. But it’s not true, you can create a bank account as you are a foreigner but the matter is, you should live in the UK. The address and PIN should be in the UK. There are many banks in the UK. There are,
- HSBC Holdings
- Lloyds Banking Group
- Barclays Bank
- RBS
- Starling Bank.
To know more in detail, just scroll the article.
HSBC Holdings
Generally, HSBC stands for Hong Kong and Shanghai Banking Corporation Limited. This is the one of largest retail banks in the world. This is also available in London, UK. Also, this bank is the first bank to pioneer quantum protections for AI-powered foreign exchange trading. You can access your account by visiting banks and also in the app. Also, it has a wide range of services like
- Commercial Banking
- Global banking
- Global private banking
- Retail banking
- Wealth Management and so on.
Along with this, they provide many loans to their customers according to their needs. Then, they are using the Digital banking service which is more secure and easier to start up your business and to develop your business.
Lloyds Banking Group
This is the Banking sector that comes under the financial services. Also, you can withdraw the amount from this bank up to 800 Pounds per day. Lloyds banking groups provide the VISA debit card which is accepted all over the world. This bank has many key features for its customers. Feature like,
- They provide a mobile banking app
- There is no fee for opening the account.
- You can create your account as a personal and also as a salary account for employees.
- Provide Private banking and international banking services.
- Provide the Contactless VISA Card.
- This group provides cashback and mortgage offers.
Apart from this, Lloyds Banking Group provides many financial services to their customers in various segments like retail, commercial, insurance, and wealth.
Also, read Which Banks Give You Money For Opening an Account UK?
Barclays British banks
Barclays Bank is a multi-universe bank. This is one of my favorite banks because this provides more features and benefits to their customers. Moreover, if you are planning for your business growth then you can create an account in this Barclays bank. Apart from this, you can create an account for your
- Personal
- Business
- Private
- Corporate account
- Wealth Management
- Premier account.
Also, they provide loans and provide space for investing. Moreover, all these features can be checked through the Barclays app. In addition, you can get many rewards and offers through the app to your account. Apart from this, they provide Money mentors for business developers to get financial advice from them. Also, you can ask any doubt to the mentor related to your business. To know more about this, visit the official site.
Royal Bank of Scotland
RBS is a British banking and insurance company. This Royal Bank Scotland is part of the Natwest bank. So it’s a subsidiary bank that is involved more in Investment and Asset management. You can create your account for,
- Getting Mortage.
- Providing loan
- Create the current account.
- Invest in RBS shares.
- Get home insurance.
- Get a credit card.
Also, you can learn and get any information by contacting them through mail, telephone, or visit directly in the bank. So get every banking from your home through video banking. All these can be done through the website or the app. Moreover, don’t invest more shares in this RBS because they are closing nearly 500 banks in various locations which is hilarious to hear.
Starling Bank – British banks in the UK
Starling Bank is an award-winning bank. This Starling bank is easy and safe to use the account. You can use this network in the app which is available in the app store. You can access the features through this app. Features of this starling bank are,
- Earn 3.25% interest will be added to your account if you maintain the minimum balance in your account.
- Freeze your card if your card gets stolen.
- Pay the bills from the apps.
- You can split the payment with the Settle Up options.
- Add the connected card to this app.
- Earn up to 4.48% on savings in a personal account.
Moreover, you can create a personal account for free. The main drawback of this bank is, they don’t provide the loan for their customers. Furthermore, this bank is used by millions of people in the UK. This Bank also provides the latest technology to get the statement on the app which makes so easy to verify the transactions. To know more about this, just visit the official site of Starling Bank.
Tap here to know What Time Of Day Do Refunds Go into Bank?
Final Words
I hope you will get an idea of British banks and the financial structure of British banks in the UK. My opinion on creating a new bank account and investing, is you people just try with BOE. Because this is the oldest and most popular bank in the UK. Also, this bank is setting up and maintaining the monetary policy and financial stability. Moreover, if you have any doubts related to this article, just comment in the comment sections.