This is the annual interest rate of an overdraft. To accept cookies continue browsing as normal. This is the annual interest rate of an overdraft. Got any questions? You must be 18 or over to apply. If you’re a child or teen, our Under 19s Account is the easy way for you to make the most of your money, with a competitive rate of credit interest and easy access to your money. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 169628. We’ve got a student bank account with the benefits you need to make your time here a little easier. Orientation week is a busy time for banks, so please be prepared to wait to be seen or for an appointment to be available. If you attempt to make payments (including Direct Debits) that would take you over your agreed Arranged Overdraft limit, the Bank … Compared to many countries, banking in the UK as a foreign student is usually pretty easy and there's a … Foundation account, a basic account with stripped back features. If you don’t meet the eligibility criteria to apply for an Under 19s Account or Student Account – for example if you are over 18 and in work, or an international student – you may be eligible for our Classic Account or another one of our Bank of Scotland current accounts. Find out more about Student Overdrafts: Always try to keep your account in credit. You can use it to borrow money up to an agreed limit through your bank account. Registered in Scotland no. Ex: Social Security card, student ID, credit/debit card from another bank, current vehicle registration, foreign driver's license Please note: Non-U.S. citizens also need to show proof of U.S. residency After applying for a current account online, you will need to provide proof of your identity and address at your nearest branch within 14 days so we can continue with your application. We don’t accept expired documents or documents printed off the internet. General banking & account queries. You can choose from the following: We reserve the right to ask for additional documents. A student current account is essentially a bank account designed for anyone who is in higher education. Date posted: October 27, 2013 banker. Bank of Scotland plc, Registered in Scotland No. The amount of your arranged overdraft that is interest-free will depend on your year of study. Packed with everything you need to make the most of your time as a student. University of St Andrews - Scotland's first University. T&C’s apply. Your sort code and account number won’t change, current United Kingdom, European Union or European Economic Area photo driving licence, all other current signed passports with a valid UK visa, benefits or pensions notification letter confirming the right to benefit, bank, credit card or building society statement showing transactions, current UK driving licence (if it hasn’t been used as proof of your identity), Local authority tax bill for current year, benefits of pensions notification letter confirming the right to benefit (if it hasn’t been used as proof of your identity). Total average. To apply for a Bank of Scotland Student Account you must be 17 or over and be studying for a full-time course that lasts for a minimum of two years or be on a one year access course leading onto a full-time degree. Get a Student Account with a great range of benefits and discounts. SC327000. Visit the Bank of Scotland YouTube page. Make sure you ask about bank charges. Opens in a new browser window. - Setting up an arranged overdraft is free and you’ll only pay daily arranged overdraft interest if you use more than your interest-free amount. Students can apply for a Student Account in any Bank of Scotland branch. Apply for an interest free overdraft up to £2,000 (£500 in first term). So that we can support those in the most vulnerable situations please only call if it is urgent. This example assumes you are in the second year of your studies. Whether you're an international student studying in the UK on a year abroad or for your full degree, this guide will help you choose the best bank account for you. Whether you're looking for a bank account, credit card, loan, mortgage or something else, we're here to help you. 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