Can a UK bank account be opened entirely via the Internet?
Yes. The customer identification or verification processes will require you to come to the bank in person or send original identifcation documents. All banks in the UK must follow the procedure of proper identification verification of each new account holder, by way of correspondence. In accordance with the Due Diligence Agreement (CDB 03), the Swiss bank must verify the identity of individual by obtaining a certified copy of an official identification document, such as a passport or ID card. The bank also verifies the address of the new client through exchange of correspondence. What questions will the UK bank ask? The UK banks representative will ask the questions needed to fulfill the banks legal obligations with regard to UK Due Diligence laws. These questions include asking for proof of your identity while establishing the identity of the beneficial owner of the assets, if you are depositing funds for another entity. They will also ask about the origin of the funds used to open th
