What services do UK banks offer?
Modern banks offer many different financial services. Here are some common services you might use.
Banking Services in the UK
These are everyday bank accounts used for spending, saving, and receiving payments. Banks offer different types, including special accounts for students and young people.
Need extra cash? Personal loans can help pay for things like a car or home improvements. Overdrafts let you borrow money for short-term needs when your account balance is low.
Mortgages – If you want to buy a home, banks offer mortgage loans to help. There are options for first-time buyers and landlords looking to rent out properties.
Want to grow your money? Banks offer savings accounts, as well as investment options like bonds, shares, and pension plans.
Banks also help protect what matters to you. They offer insurance for your home, car, travel, and even life cover.
Digital and Online Banking – Manage your money anytime, anywhere! Most banks let you check balances, transfer money, and pay bills online.
Mobile Banking – Banking on the go is easy with mobile apps. You can send money, pay bills, and even freeze your card if you lose it.
Starting a business? Banks provide business accounts, loans, and financial advice to help entrepreneurs and freelancers.
Moving to the UK or working abroad? Some banks offer special accounts and services for international customers.
Mobile Banking – Banking on the go is easy with mobile apps. You can send money, pay bills, and even freeze your card if you lose it.