bank account for tourist

LAWRENCELAUNG

Hello,

I am Chinese Nation coming to UK as tourist (Tourist Visa) for couple of months. During my visit there, I will be buying shares of a limited company and get dividend quarterly or annually.

I never been to UK before, hence no financial link (bank accounts etc) but I need one current account to get the dividends transferred. I have looked into Google but all banks need UK residency which I don’t have at the moment. Not even sure if my visit as a tourist will be counted as residence.

Could someone please help to let me know which particular bank can open an account for me ?

Many thanks,
Lawrence Laung

agrinnall

You won't be able to open an account as a tourist. Perhaps you could find a bank in China that has branches in the UK who would allow you to open one - HSBC would be the obvious one, but others such as Bank of China also have a presence in the UK.

Voyager2002

Perhaps you could arrange with the company to take your dividends in the form of additional shares rather than money?

innovate

Getting a bank account would be one challenge. Finding a broker through whom you can buy the shares is another.

If you want to buy shares on the LSE (or AIM), your best bet would be finding a broker in China that offers LSE/AIM shares.

Lith

No chance.

you need some type of 'legal stay'

Im in china as i type this post and you can use your China Merchants Bank or china Construction Bank card in certain stores that accept UNION PAY.

unless if you have the cash open an HSBC account in china and use it in UK.

kirkbyinfurnesslad_2

Open a bank of China account in china

They have a branch in Birmingham and London

Lith

kirkbyinfurnesslad wrote: »

Open a bank of China account in china

They have a branch in Birmingham and London

I wouldn't do that, as it's the sh!ttest bank in china and UK.

TRUST ME.

HSBC in china would be a best choice (if you have the cash.)

zerog

HSBC premier will open a UK account from any HSBC international finance centre in the world