Bank

Bank Account

• You can be any age to have a bank account• You have to be 16+ to be able to use online

banking• Opening a bank account is free

To open a bank account you need..

• Proof of address – utility bill etc• Proof of identity – passport• If you are under 16 you need an adult to sign

the documents for you

Utility Bill

Withdrawing money• When you open a bank account you receive a

card• You can use this card to withdraw money from

a cash machine• You need to use your PIN code to withdraw

the money

The Most Popular Banks in the UK

• HSBC• Lloyds TSB• NatWest• Barclays• Santander• Halifax

A Loan

• You can get a loan for your bank• This is where you borrow money, but you

HAVE to pay it back• Often it isn’t a good idea because it has very

high interest• For example, if you borrow $1,000 you have to

pay the back $1,100 back