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Bank accounts
London
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Bank accounts

Assuming you have arrived in the UK on the behest of a company, you will have been asked to set up a bank account. This is one of the first steps to establishing your identity.

Banks will normally need some form of photo identification, like your passport. But a bank card, or statement, can be used in most other applications where you need to prove your address or identity.

The first account you set up is normally a checking account. There are other kinds of accounts, and they carry different rates of interest depending on obvious parameters like the time the money is left in the bank, how much access you want to it, etc..

If you need to send money to India, check with your bank. Some banks will have tie-ups with Indian banks, like ICICI, to send money through NetExpress. Such transactions normally charge the least commission.