Opening online account - Which banks don't need paperwork from you?

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malik999
malik999 Posts: 376 Forumite
in Savings & investments
Does anyone know which of the online saving accounts definately do not require any paperwork. i.e. they can be opened purely online?.
I believe Bradford and Bingley is one. Anyone know of any others?.
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  • Saver-Rob
    Saver-Rob Posts: 570 Forumite
    Mortgage-free Glee!
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    I have opened supposedly 'no paperwork required' accounts only to find they couldnt electronically verify my identity and I had to go into a branch or send them something anyway. Beware that this may be the case.
  • Lokolo
    Lokolo Posts: 20,861 Forumite
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    Saver-Rob wrote: »
    I have opened supposedly 'no paperwork required' accounts only to find they couldnt electronically verify my identity and I had to go into a branch or send them something anyway. Beware that this may be the case.

    ^^ as above. That will happen with every bank.

    They have to be able to identify you, if they can't do this electronically they will ask for paper proof.

    Happens with all online-only banks such as FD and Egg.
  • bryanb
    bryanb Posts: 4,994 Forumite
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    It helps if you're on the electoral roll, and have a credit history they can check.
    This is an open forum, anyone can post and I just did !
  • malik999
    malik999 Posts: 376 Forumite
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    A guy here at work applied for Bradford/Bingley and didnt have to send off anything. How they do it - they made him transfer money in from another account, in his case a RBOS account. They presumably accept RBOS have already completed checks on him so they don't need to.
  • matthew74
    matthew74 Posts: 225 Forumite
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    I have opened numerous Halifax accounts, YBS and Alliance and Leicester with no hassles at all - solely online.
  • flossy_splodge
    flossy_splodge Posts: 2,533 Forumite
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    Believe it or not, the ubiquitous Alliance and Leicester allowed me to open solely online.
    However beware if its a joint account.
  • malik999
    malik999 Posts: 376 Forumite
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    Thanks Matthew and Flossy. I like the look of the A&L esaver @ 5%
    Flossy - Ideally i wanted to open a joint account. Have you had a problem?
  • evenasus
    evenasus Posts: 11,861 Forumite
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    I opened an E Saver with Norwich & Peterborough BS without having to send any paperwork.
    It was the quickest and easiest account I've ever opened.
  • malik999
    malik999 Posts: 376 Forumite
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    I've opened the A&L account. Will see what happens next....
  • malik999
    malik999 Posts: 376 Forumite
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    Grrrr A&L involve paperwork. Are B&B really the only internet only signup?.
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