Earlier quoted context omitted.
> really hard to do because of catch 22 To expand on what mrtksn means: in the UK, it is difficult to get a bank account without proof of address. It is also difficult to rent a flat without a UK bank account. There are a few ways around this: - Have a friend put you on their water bill and use this as proof of address. I suspect this is illegal. - Join a flatshare without getting on the lease, pay for your portion o…
Can anyone comment on why this is the case? It seems ridiculous on it's face.
Apparently in the past people with questionable sources of income used to open fake accounts to move money and the banks were happy to do it until the regulators slammed them with fines.
Also, when you have a bank account you can get things like a phone contract with a direct debit payment. Apparently, some people made it a habit to leave the UK without paying their bills after they are done with their seasonal work.
I'm sure some people run much more elaborate scams.