Important information for International Students

Always take care when banking

Always take care when banking don’t be targeted by criminals. Being away from home for the first time and in a new country can make you more vulnerable and attractive to criminals.

  • Money laundering unknowingly being used by criminals to move money
  • Money mules allowing your bank account to be used for illegal gain in exchange for money
  • Scams being tricked to give your own money away
  • Fraud obtaining money or services through deception

 

For how this might impact you please see the sections below;

Money Laundering

  • With a need to have money transferred from your home country, criminals can target you by offering attractive currency exchange rates. This enables them to give you their criminal funds which you might use to pay for your study or living expenses. They may also deposit funds into your account themselves using cash or other people. In exchange you will provide them legitimate funds which enables them to launder the proceeds of crime and involves you in this illegal activity leading to the risk of you being convicted and or imprisoned.
  • Don’t deposit cash into your account to fund your study in the UK that has come via a third party and not direct from someone you know and trust. This could be illegal underground banking which can be funded from criminal activity. Such as the case of Xiaotong Huang who took cash from an individual linked to an organised crime gang to pay for her university fees.
  • Always ensure you know the source of cash paid into your accounts and that if required you can provide documentation to support this

Money Mules

  • You may be asked to transfer stolen money between bank accounts at the request of criminals for a financial reward. These may be people known to you, recently introduced to you or schemes advertised via social media.
  • Don’t allow money to be transferred to you from others who you don’t know and trust. They may ask you to pass it on by transfer or withdraw it as cash to give it to someone else. You could also be asked for your online banking details or an activation code from your banking app this lets them access your acc ount to move funds.
  • You could be asked to sell your account on once you’ve finished your studies or be asked to use your identity documents to open an account to be used illegally in exchange for a cash reward.
  • By allowing yourself to be used as a money mule you are involved in money laundering and risk being convicted and or imprisoned.
Money mule video

Scams

  • When making transactions or sending money, always make sure you double check the details and that it’s not a scam.
  • If you ignore advice and warnings from us and proceed to send money, you may not be eligible for a refund.
  • Criminals are experts at impersonating people, organisations and the police. They spend hours researching you for their scams.
  • Stop and think it may protect you and your money.

Take Five to stop fraud

They are a national campaign group who offer free, straight-forward advice that helps stop all types of fraud. We recommend always learning as much as you can about them and following their advice. Find out more about them and the services they provide.

Be aware of the consequences of money laundering

Halifax are always on alert for money laundering and fraud, they work with other banks and law enforcement agencies to stop this happening.

Be aware of the consequences you might face

  • Your bank account may be closed
  • You may have issues opening new bank accounts
  • You may have problems applying for credit including mobile phone contracts, loans and mortgages
  • Your funds could be confiscated
  • You may be removed from your course of study
  • You could get a criminal record
  • You could go to prison for up to 14 years

Protect yourself from fraud

Find out how to spot and avoid scams.

Fraud prevention

With a Current Account you get

  • Free everyday banking - no monthly fee to maintain the account
  • Up to 15% Cashback - activate your offers using our mobile banking app or Online Banking and earn as you shop with Cashback Extras. Merchant offers and cashback amounts vary
  • The option to apply for an arranged overdraft - all overdrafts are subject to our assessment of your circumstances, and are repayable on demand
  • Save the Change - round up your card payments and put the change in your Halifax savings account with Save the change®
  • Contactless payments - pay, tap & go with a Visa Debit Card up to £100. You can now use our mobile banking app to choose a contactless payment limit between £30 & £95. You can also add your card to Apple Pay and Google Pay
Halifax Current Account Card Image

Plus these great features with our mobile app to help you manage your money

  • Quick, secure sign in - with the option to use fingerprint or other biometrics on compatible devices
  • Freeze your card - if you lose it or want to limit how it's used
  • Cheque scanning - pay in cheques of up to £10,000 in to your account by simply taking a photo of your cheque and uploading to the app. There is a maximum daily limit of £10,000 per day
  • Check your credit score - register to use Your Credit Score through Online Banking or our Mobile Banking app
  • Mobile alerts - you'll get alerts straight to your phone so you can stay up to date on your finances

Compare our full range of current accounts and apply online today.

Ready to apply for a Current Account?

I'm new to Halifax

New customer? It’s easy to apply online, We’ll ask for your income details and your home address over the last three years.

We may also ask you to provide photo ID and proof of address.

Apply as a new customer

I'm an existing Halifax customer

You can open a new account or upgrade an existing account by signing into Online Banking, we won't need to ask you for your personal details again.

If you’re upgrading, your sort code and account number will stay the same.

I'm an existing customer

I'd like to open a joint account

Joint accounts

Applying for a Current Account in branch?

If you apply for a current account in branch or continue the application in branch, then you will need to provide proof of identity and address at your nearest branch within 14 days to complete the application. All documents must be the most recent ones.

  • We don’t accept expired documents or documents printed off the internet.
     
  • Documents you provide must show your full name. Proof of identity you can use to open an account:

    • Biometric Residence Permit card; or
    • Current UK photo driving licence; or
    • Current UK passport

    If you cannot provide one of the items above, you will need to provide separate proof of identity and address. Options include:

    • Current EU/EEA passport, photo driving licence or identity card
    • All other current signed passports
    • HMRC Tax Notification
    • Local authority tax bill
    • Utility bill
    • Benefits entitlement letter

    We reserve the right to ask for additional documents. If you don't have the documents listed above, we may be able to accept others so please speak to a member of staff if you have any questions about this or any of our services.

Still need some more information?

  • Switch to us in seven working days

    Switching to us is quick and easy. Just fill in our simple online form and let us take care of the rest.

    With the Current Account Switch Service, we'll switch your accounts within seven working days. And we handle all the admin - we'll set up your new account, transfer your Direct Debits, and close down your old account for you.

     

    How does the Current Account Switch Service work?

    Current Account Switch Guarantee

    Day 1

    New Customers
    Apply for a new current account and select to switch.

    Existing Customers
    Sign in and complete our switching form.

    Days 1-6

    You can continue to use your old account and your Halifax account.

    We will transfer all your standing orders, direct debits, payments and wages from your old account to your selected account.

    Day 7

    Switch complete.

    We will close your old account and move any funds to your Halifax account. 

    6 months 0% interest free arranged overdraft when you switch

    To help you during your switch, we may be able to arrange an interest-free arranged overdraft for 6 months, subject to application and approval. An arranged overdraft can act as a useful safety net. You can use it to borrow money up to an agreed limit through your bank account.

    To qualify for the interest-free offer you must:

    • Use the Current Account Switch Service. This service means your old account will be closed and all your payments transferred to your new Halifax account.
    • Have not used the offer within the last 12 months.
    • Have applied, and been approved for an arranged overdraft on your new Halifax account.

    What happens after the 0% interest free period ends?

    Once your six month interest-free period ends we will charge interest daily. The daily arranged overdraft interest rate will be based on how you manage any accounts with us and on the credit information we hold about you. We will let you know this rate in the pre contract credit information we give you if you apply for an arranged overdraft.

     

    Representative example (based on using a Current Account)

    An arranged overdraft on a Current Account has a variable interest rate of 39.9% EAR, and a variable representative rate of 39.9% APR, based on borrowing £1,200.

    How does our overdraft compare?

    You can use the representative APR to compare with other products or credit providers, this can help you make sure that you choose the right type of borrowing for you.

    How much does my overdraft cost in pounds and pence?

    As an example, the interest cost of borrowing £500 is: £3.22 for 7 days, £13.86 for 30 days and £28.09 for 60 days.

    Arranged overdrafts are subject to application and approval and repayable on demand. You must be 18 or over to apply. Arranged overdraft limits and interest rates vary based on your individual circumstances.

  • We have designed the Current Account Switch Service to let you switch your current account from one bank or building society to another in a simple, reliable and stress-free way. It will only take seven working days. As your new current-account provider we offer the following guarantee.

    • The service is free to use and you can choose and agree your switch date with us.
    • We will take care of moving all your payments going out (for example, your Direct Debits and standing orders) and those coming in (for example, your salary).
    • If you have money in your old account, we will transfer it to your new account on your switch date.
    • We will arrange for payments accidentally made to your old account to be automatically redirected to your new account. We will also contact the sender and give them your new account details.
    • If there are any issues in making the switch, we will contact you before your switch date.
    • If anything goes wrong with the switch, as soon as we are told, we will refund any interest (paid or lost) and charges made on either your old or new current accounts as a result of this failure.

    For more information and FAQs, please read the Account Switching Guide (PDF 1.7MB).

    Current Account Switch Guarantee
    Crystal Mark 20785. Clarity approved by Plain English Campaign.
  •  

    Whether it's the weekly shop, popping out for lunch or hitting the high street, Cashback Extras makes it easy to earn up to 15% cashback. The offers you get will come from places you might like to try, as well as places where you already shop. Merchant offers and cashback amounts vary. The retailers above are just some of the offers you may receive, merchant offers and cashback amounts vary

    • Quick and convenient - select to activate your offers using our mobile banking app or Online Banking.
    • Spend and earn - Use any of your Halifax debit or credit cards with your chosen retailers, in store or online, in line with the offer conditions. Your cashback will be paid into your current account at the end of the following month.
    • Straightforward - you can keep track of the amount of cashback you've earned by visiting the Cashback Extras hub.
    For more information visit Cashback Extras.
     
    Manage your Cashback Extra offers using our Mobile Banking app or Online Banking.
     
  • Struggling to save? We’ve come up with a simple way to turn your pennies into pounds

    Switch on Save the Change® and when you buy something with your Halifax debit card, we’ll round up the amount to the nearest pound. At the start of the next working day, we’ll transfer the difference into your nominated Halifax savings account.

    For example, if your coffee costs £2.20, we’ll transfer 80p from your current account into your savings account.

    It’s a clever feature that takes your leftover change and builds it into bigger savings.

    Find out more about Save the Change

    Switch on Save the Change

     

    Back to the top

  • It is less likely that you will be approved for an overdraft if you have not been a resident in the UK.

    An arranged overdraft can act as a short term safety net. You can use it to borrow money up to an agreed limit through your bank account.

    • You can apply to add an arranged overdraft to your account and you’ll only pay daily arranged overdraft interest if you use it.
    • If you use your arranged overdraft but pay it back before the end of the day, then you won’t pay any arranged overdraft interest for that day.

    Helpful tools - You can use our eligibility checker and cost calculator to check your eligibility and calculate the cost of an arranged overdraft.

    Applying for an arranged overdraft - When you have applied for this account, at the end of the application you can apply for an arranged overdraft which you can add right away. You can also apply for one later.

    Amending an arranged overdraft - You can reduce or remove your arranged overdraft at any time through Mobile Banking, Online Banking or Telephone Banking or by visiting your branch. But you must repay anything you owe if you want to remove an arranged overdraft or anything over the new reduced limit you want. You can also apply to increase it. Using an arranged overdraft increases your overall borrowing and may affect your credit score.


    If you don't have enough money in your account or available arranged overdraft to make a payment, we may either let you borrow through an unarranged overdraft or refuse to make the payment. Missing payments and using an unarranged overdraft can damage your credit score, please get in touch with us as we may be able to help you.

    All overdrafts are subject to application and repayable on demand. You must be 18 or over to apply.

     

    Please read our important information on overdraft rates and charges

     

    Arranged overdraft details

    • £0 interest free amount
    • 39.9% EAR (variable) representative
    • Your interest rate will be based on how you manage any accounts you have with us and on the credit information we hold about you
    • No unarranged overdraft interest, fees or charges

    Representative example

    Representative Example

    A variable representative rate of

    A variable interest rate of

    Based on borrowing

    A variable representative rate of

    39.9% APR

    A variable interest rate of

    39.9% EAR*

    Based on borrowing

    £1,200

    How does our overdraft compare?

    You can use the representative APR to compare with other products or credit providers, this can help you make sure that you choose the right type of borrowing for you.

     

    How much does my overdraft cost in pounds and pence?

    As an example, the interest cost of borrowing £500 is:

    As an example, the interest cost of borrowing £500 is:

    £3.22 for 7 days

    £13.86 for 30 days

    £28.09 for 60 days

    Useful tools

    You can use our calculator to work out how much your anticipated arranged overdraft borrowing would cost over different periods of time. Check your eligibility and calculate the cost of an arranged overdraft:

    Cost Calculator    Eligibility Tool

    *EAR is the Equivalent Annual Rate. This is the annual interest rate of an overdraft. This means you are charged over the year based on how often and how much you are overdrawn by, and the effect of compounding it – charging interest on interest already charged. This interest rate does not include any other fees and charges.

    Find out more about arranged overdrafts

    If you already have a current account with us and would like an arranged overdraft, you can apply for one through Online Banking or Mobile Banking. You can also apply to increase your existing arranged overdraft too.

    Apply for an arranged overdraft

     

    Back to the top

  • For more information and terms & conditions for this current account, read the Bank Account Getting Started Guide (PDF, 1.1MB)

    For more information about the fees associated for Payment Services with this account please see the Current Account Fee Information Document (PDF, 138KB)

Making sure you get a fair deal

We want you to find a product that's right for your circumstances, which is why we adhere to the Standards of Lending Practice, which are monitored and enforced by the Lending Standards Board

To find out more you can read the statement of responsibilities, which details what's expected of us, the lender and you the borrower.

Download the statement of responsibilities (PDF 60KB)

Speak to us

You can call us on 0345 720 3040  from 8am – 8pm, seven days a week. Not all Telephone Banking services are available 24 hours a day, seven days a week.

If you would prefer to see us in person, just pop into your local branch.

Halifax current accounts and services are offered subject to status. Available only to personal customers aged 18 or over who are resident in the UK.

Whether you can have an arranged overdraft and the amount will depend upon your personal circumstances at the time you apply for one. Any overdraft we agree is repayable on demand.

Apple Pay is a trademark of Apple Inc., registered in the U.S. and other countries. Google Pay is a trademark of Google LLC.

Compare current accounts

We offer a range of current accounts to suit different needs.

Compare current accounts

Compare current accounts

We offer a range of current accounts to suit different needs.

Compare current accounts