Key takeaways
- You will usually need your passport with visa, proof of enrolment, and proof of a local address.
- Most accounts are opened in person in your first weeks; some banks let you start online before arrival.
- Ask your university which banks they recommend — many offer student accounts with lower fees.
- Carry some local cash for your first days until the account is active.
What you usually need
- Passport with your student visa or residence permit
- Proof of enrolment or your student ID / acceptance letter
- Proof of local address (tenancy agreement, accommodation or university letter, or a utility bill)
- Sometimes a tax or ID number, and occasionally an appointment booked in advance
- An initial deposit for some banks
Choosing the right account
Many universities partner with or recommend specific banks that understand student needs and offer lower fees, better international transfer options, or simpler onboarding. Check your university's international-student pages first.
If you only open one account, a basic current/checking account covers most needs — receiving funds, paying rent, and a debit card for daily spending. Ask specifically about monthly fees, international-transfer charges, and whether the student account is genuinely free.
Set it up early
- Open the account in your first weeks so you can receive money and pay rent
- Book an appointment if the bank requires one — branches get busy at term start
- Keep some local cash for your first days before the card arrives
- Consider a multi-currency option (e.g. Wise) as a backup for transfers from home
Frequently Asked Questions
Can I open the account before I arrive?
Some banks and digital providers let you start online from your home country, but most traditional banks require at least one in-person visit with your documents after you arrive.
What if I don't have proof of address yet?
Ask your university — many issue a confirmation letter that banks accept, and some banks have student-specific processes for new arrivals without a utility bill.
Which bank should I choose?
Start with the banks your university recommends, then compare monthly fees, international-transfer costs, and how easy it is to open the account as a new international student.
Related guides
Visa Readiness
What a strong, honest student-visa application needs — and how to reduce refusal risk.
Proof of Funds
What counts as proof of funds, how long money must be held, and the mistakes that cause refusals.
Work While Studying
Honest rules on part-time work, internships and post-study options — and why not to rely on work income.