The Finance Division have developed a bank and building society directory to empower students and the wider academic community to make informed choices about their banking provider.
The table provides useful practical details about overdraft facilities, ID requirements, and information for overseas students.
You can access further details on banks and building societies approach to sustainability, including their environmental and social credentials via independent research companies, including but not limited to; Banks & Building Societies: Ethical Comparison - The Good Shopping Guide [1] and Ethical banking guide for universities | Ethical Consumer Research & Consultancy [2].
Website | Local branch details & telephone | Documents required to open an account | International student account options | Student account option | Internet banking / app based or branch | Overdraft facility | |
---|---|---|---|---|---|---|---|
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alrayanbank.co.uk [3] |
London 44 Hans Crescent, |
Identity: valid passport or driving licence Address: recent bank statement |
Yes - basic account. Additional documents are required for non-residents (who need to apply in person) and UK students | Yes - basic account | Both | None |
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barclays.co.uk [4] |
Cambridge 9-11 St Andrews |
Valid ID: passport or driving licence, three years address history, UK mobile number | Yes - basic account | Yes | Both | Yes |
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co-operativebank.co.uk [5] |
N/A 0344 249 9981 [6] |
Valid ID, three years address history, annual income and employment details. Subject to eligibility criteria | Yes - standard current account | Yes | Both | Yes |
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hsbc.co.uk [7] |
Cambridge 63-64 St Andrew's Street, Cambridge, 03456 040 626 [8] |
Valid ID, proof of address | Yes | Yes | Both | Yes |
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lloydsbank.com [9] |
Cambridge 3 Sidney Street, 0345 602 1997 [10] |
Valid ID: passport or driving licence, three years address history, income and expenditure details | Yes - classic account | Yes | Both | Yes |
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monzo.com [11] |
N/A 0800 802 1281 [12] |
Valid photo ID, passport or driving licence, three years address history, UK mobile number | Yes | Yes - basic account | App based (Apple, Google Pay) | Yes |
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nationwide.co.uk [13] |
Cambridge 26-27 Petty Cury, Cambridge, |
Valid ID, address history, employer's details, and salary | Yes - FlexBasic current account / FlexAccount current account | Yes | Both | Yes |
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natwest.com [14] |
Cambridge 21 Petty Cury, |
Valid ID, proof of address | Yes, select account | Yes | Both | Yes |
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santander.co.uk [16] |
Cambridge 60 St Andrew's Street, |
Valid ID, address history | Yes - basic current account | Yes | Both | Yes |
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triodos.co.uk [18] |
N/A 0330 3550 355 [19] |
Valid ID, mobile phone | No | Yes - basic account | Internet banking | Yes |
Website | Link to bank's ethical policies / strategies | |
---|---|---|
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alrayanbank.co.uk [3] | Ethical banking for everyone [20] |
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barclays.co.uk [4] | Statements and policy positions [21] |
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cooperativebank.co.uk [5] | Ethical policy [22] |
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hsbc.co.uk [7] | Climate strategy [23] |
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lloydsbank.com [9] | Social sustainability [24] |
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monzo.com [11] | Annual report [25] |
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nationwide.co.uk [13] | Approach to responsible business [26] |
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natwest.com [27] | Annual report [28] |
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santander.co.uk [16] | Policies [29] |
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triodos.co.uk [18] | Mission [30] |
Links
[1] https://thegoodshoppingguide.com/subject/ethical-banks-building-societies/
[2] https://research.ethicalconsumer.org/research-hub/ethical-banks-universities
[3] https://www.alrayanbank.co.uk/
[4] https://www.barclays.co.uk/
[5] https://www.co-operativebank.co.uk/
[6] tel:0344 249 9981
[7] https://www.hsbc.co.uk/
[8] tel:03456 040 626
[9] https://www.lloydsbank.com/
[10] tel:0345 602 1997
[11] https://monzo.com/
[12] tel:0800 802 1281
[13] https://www.nationwide.co.uk/
[14] https://www.natwest.com
[15] tel:03457 888 444
[16] https://www.santander.co.uk/
[17] tel:0333 207 2899
[18] https://www.triodos.co.uk/
[19] tel:0330 3550 355
[20] https://www.alrayanbank.co.uk/sites/default/files/media/file-uploads/2021-02/ethical-banking-for-everyone.pdf
[21] https://home.barclays/sustainability/esg-resource-hub/statements-and-policy-positions/
[22] https://www.co-operativebank.co.uk/values-and-ethics/
[23] https://www.hsbc.com/who-we-are/our-climate-strategy
[24] https://www.lloydsbankinggroup.com/who-we-are/responsible-business.html
[25] https://monzo.com/static/docs/monzo-annual-report-2022.pdf
[26] https://www.nationwide.co.uk/about-us/responsible-business/our-approach-to-responsible-business/
[27] https://www.natwest.com/
[28] https://investors.natwestgroup.com/~/media/Files/R/RBS-IR-V2/annual-reports/full-annual-report.pdf
[29] https://www.santander.com/en/our-approach/policies
[30] https://www.triodos.co.uk/about-us
[31] mailto:Treasury@admin.cam.ac.uk