The BBA is now integrated into UK Finance. Please go to www.ukfinance.org.uk for new content and updates from UK Finance.
Material published by BBA prior to 1st July 2017 is still available on this website.
From 1 July 2017, the finance and banking industry operating in the UK will be represented by a new trade association, UK Finance. It will represent around 300 firms in the UK providing credit, banking, markets and payment-related services. The new organisation will take on most of the activities previously carried out by the Asset Based Finance Association, the British Bankers’ Association, the Council of Mortgage Lenders, Financial Fraud Action UK, Payments UK and the UK Cards Association.x
This webpage is designed to provide information for non-residents looking to enter banking relationships in the UK while continuing to reside outside UK.
If you live permanently outside the UK the following products are available to you.
Barclays –International Banking
HSBC –International Services
Moving to or studying in the UK
If you intend on moving to or studying in the UK, there is information on BBA members’ sites on application processes and products, such as the basic bank account which is a basic current account that meets everyday banking needs – see here: http://www.moneyadviceservice.org.uk/
For international students, the BBA has published a new guide explaining exactly what to do. See here: International Students Opening a UK Bank Account which contains details for all the current products offered by UK banks.
The Financial Reporting Council (FRC) has been looking at how best to rationalise some of the audit guidelines in place by better integrating the guidance into the auditing standards themselves. Read More
Mike Conroy, BBA, Executive Director, Corporate and Commercial Banking said: “The first quarter of this year saw an upturn in applications for loans and overdrafts from SMEs, although volumes were Read More
Ian Jordan, Chair of the BBA’s Northern Ireland committee, said of the latest data: “The first quarter of the year saw an increased number of SME loan applications, leading to Read More