Banks offer different services to meet the different needs of their customers. You will need to understand the terms and conditions of the bank account or service to determine if it is right for you.
When you have found a bank account that suits your needs, check what documents the bank requires for opening a bank account. The documents typically needed to open an account include:
• Proof of your right to be in the country – e.g. your residency/work permit
• Proof of employment, e.g. work visa, letter from employer. Check the exact policy with the bank you choose
• Photo Identity e.g. passport
• Minimum deposit amount set by the bank. Check the exact policy with the bank you choose
Some banks may ask for more:
• Proof of address e.g. rental contract or utility bills
• Passport-sized photographs
If you need guidance on how to open a bank account, check our SaverAsia Financial Resources at www.saverasia.com to find migrant friendly services in your country.