How long does it take to open a bank account?
Hi, I'm about to apply for a bank account with the Bank Of Scotland. I was wondering how long it will take for this account to become active after applying and, equally as important, when I will receive my Visa Electron card? N.B. I'm not transferring from any other accounts, I'm just starting as new. Thanks.
Personal Finance - 7 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
it should be a quick process
Answer 2 :
You should call them and ask them as they know best how to answer you. Each bank may have different things.
Answer 3 :
duno if they give u a visa straight away, mite be a cashcard 1st take about 8 weeks if ur doing it online, bout 2-3 weeks in branch
Answer 4 :
idk maybe a few yrs
Answer 5 :
Well if your opening an every day run of the mill banking account, it should only take about 30 mins an its a great idea an good way to control your money but I wouldn't get into the direct bill pay cause they take the money right out of your account even if its not thier leaveing you broke an owning a fine for insuffisiant funds, unless money isnt an issue an 2nd make sure to keep money at home cause you never know whats going to happen...
Answer 6 :
Just minutes to open a bank account. Bring photo ID and 2 utility bills addressed to you, as proof of residence. A current account will probably give you a debit card at first. Ask for it if they don't offer it. It will come by mail within a week or so, and the individual PIN will come by separate mail, but your account will be active from the minute you deposit money in. Visa Electron is a debit card, and you have to have the money already in your account to be able to use it - you can't go overdrawn. Just make sure you keep enough money in the account, and you will be fine.
Answer 7 :
Providing you take the correct ID they should be able to open your account the same day. Card and pin takes around 7 days
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