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Tesco Bank halts online payments after money was taken from 20K accounts

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Re: Tesco Bank halts online payments after money was taken from 20K accounts

#171
post #162
post #149

Earlier quoted context omitted.

> The most difficult thing for me was actually the proof of address. You don't need to prove a UK address, just an address. Depending on the bank, you can open a UK bank account with an overseas address, and change it after you move. If you haven't planned ahead, then anecdotally Barclays will open an account in branch with only a passport.

UK banks will also tend to be a lot easier to deal with if your employer is willing to write a letter and/or call their business banking contact to arrange for it. That's how I got my first UK account.

Same thing, tho when I brought the letter they were meh about it said that the letter head did not look real enough....

I told them to sod off and to look up the company in the company house.

Passport Accounts in the UK are pretty limited with what you can do with them, so I don't advise opening one up front if you planning to immigrate.

Just ask your employer for a cash advance and either use cash for the first 2-4 weeks or use your debit/credit card from your previous country of residence.

When I relocated initially I've arranged that the employer will cover the hotel upto 6 weeks, provide everything needed for a bank account, provide/cover the accountant needed to sort any tax liabilities when moving funds, cover the deposit for the first rental and the agent fees.

If you are hired by a large corp which does relocation all the time they'll have a standard and even a better package, if they company doesn't do relocation on a regular basis make sure all your sides are covered.

Otherwise you can land in a limbo state where you need a bank account to rent a flat, and you need an address (a hotel won't do) to open a bank account (they ask for a utility bill).

Re: Tesco Bank halts online payments after money was taken from 20K accounts

#172
post #145
post #138

Earlier quoted context omitted.

UK financial policies are very weird, and in some cases I'd argue they go against the right for freedom of movement as granted by EU. I guess that doesn't mean much with Brexit, but still... I've been working in a variety of EU countries, with no issues at all. In Denmark, I was even able to secure a mortgage within my second week in the country. I always work for very reputable employers, with long-term contracts. A…

Few months ago I was denied a 10£/month mobile contract (SIM-only) from Carphone Warehouse because of inexistent issues with my credit score. I escalated this to the Ombudsman, just to piss them off for the poor treatment... magically they offered me a SIM and an (half-)apology.

I got denied an upgrade by O2 because Equifax doesn't like the fact that I am not registered to vote and I make a 6 figure salary in the UK. I asked why the hell can't I upgrade after I had no problems getting the phone on contract a year ago, got a stupid reply ordered an iPhone 7 from the Apple store and moved to EE. I called Equifax to complain and they told me to send a letter of correction, I told them Amex gave me a credit limit higher than the average take home salary in the UK and they can sod off, I can't believe I've wasted 15 GBP on that fucking report.

Re: Tesco Bank halts online payments after money was taken from 20K accounts

#173
post #163
post #138

Earlier quoted context omitted.

UK financial policies are very weird, and in some cases I'd argue they go against the right for freedom of movement as granted by EU. I guess that doesn't mean much with Brexit, but still... I've been working in a variety of EU countries, with no issues at all. In Denmark, I was even able to secure a mortgage within my second week in the country. I always work for very reputable employers, with long-term contracts. A…

The UK rules are a side effect of a system where there is no national ID number that is considered acceptable for identification purposes, and no national register of where people live, which makes it very easy for people to run away from debts etc.. The various id requirements and 3-year credit history expectation are basically workarounds for this.

Yet a utility bill is a valid form of ID in this country, something you can pick up from the trash....

Re: Tesco Bank halts online payments after money was taken from 20K accounts

#174
post #163

Earlier quoted context omitted.

The UK rules are a side effect of a system where there is no national ID number that is considered acceptable for identification purposes, and no national register of where people live, which makes it very easy for people to run away from debts etc.. The various id requirements and 3-year credit history expectation are basically workarounds for this.

Yet a utility bill is a valid form of ID in this country, something you can pick up from the trash....

A recent utility bill is only part of a package of documentation that is valid ID.
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