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For Spain at least, most banks have foreigner accounts you can open with a passport, and convert into a normal account once you have local id later. It's a mild
by buildfocus 1y ago
For Spain at least, most banks have foreigner accounts you can open with a passport, and convert into a normal account once you have local id later. It's a mildly unusual setup (and a bit confusing when you're new) but it's pretty widely available and it's not a significant blocker. There's plenty of other challenges and structural disadvantages as an immigrant, but this one at least isn't too bad.
If anything, there's really a big advantage to it for the banks - most locals already have banking, immigrants are the one market where you can get new customers without having to push them past the effort/laziness of switching from their existing setup.
- mytailorisrich 1y agoIt is not a problem to open a bank account with a foreign passport in the UK, and most banks have accounts for those who've just moved to the UK. Hundreds of thousands of people move to the UK every year...
- scott_w 1y agoHowever, you also need proof of address to open a bank account. Which someone moving to the UK won’t have yet. This limits their options of bank accounts.
- mytailorisrich 1y agoWhich has no relation to Digital IDs whatsoever... and again most banks have accounts that cater for this situation.
- scott_w 1y agoAllow me to repeat myself: > This limits their options of bank accounts. Now this: > Which has no relation to Digital IDs whatsoever Other countries use their ID systems for exactly this purpose, so I don't see how this has "no relation."