OUR WEBSITE USES COOKIES. BY CONTINUING WE ASSUME YOUR PERMISSION TO DEPLOY COOKIES, AS DETAILED IN OUR PRIVACY AND COOKIES POLICY. I Accept
Live Gold Price
£ PER OZ
928.01
 
 
 

As a regulated UK bank, we are obliged to comply with current legal and regulatory requirements and therefore require verification of your identity and address.

Online Purchases:
£0 - £9,999    
For online orders under £10,000, verification is electronic, but in the event that this verification fails you will be required to submit certified documentation to us by post.

£10,000+    
For online purchases over £10,000, certified documentation will be required before your purchase can proceed. Proof of PERSONAL IDENTITY and VERIFICATION of ADDRESS is required (one document from each list below) and will need to be submitted either in person or by post. In addition SOURCE OF WEALTH and SOURCE OF FUNDS are also required (e.g. savings account statement, proof of sale of assets, trust documentation, salary advices etc). Please see list below.

In-branch Purchases:
For all transactions we will require original documentation as listed below and will record full name, date of birth, current address plus if appropriate UK address (where staying), telephone number and nationality. We may also perform further routine electronic identity checks and may require further information to satisfy our customer due diligence.

£0 - £9,999 
Proof of PERSONAL IDENTITY ONLY (one document from list below).

£10,000+
Proof of PERSONAL IDENTITY and VERIFICATION of ADDRESS required (one document from each list below). We cannot accept a Photocard Driving Licence for both proof of personal identity and address.  Also proof of SOURCE OF WEALTH and SOURCE OF FUNDS will be required (e.g. savings account statement, proof of sale of assets, trust documentation, salary advices etc).

Please find below the documentation that is required from you in order to proceed with opening your account. If you have applied via a postal application or online, we need to receive these documents within 15 working days of your application otherwise we may close the application and you will have to apply again. For reasons of security, we recommend that you do not send original documents through the post.  Please send certified copies or alternatively provide documents in person at our branch. You will need to send or bring the following:

Depending on your citizenship and residency you are required to provide a number of the following documents

Number of documents required to prove your identity

Number of documents required to prove your address

UK citizen living in the UK


Non UK Citizen living in UK


Non UK resident

1


Please contact bank
for further details

Please contact bank 
for further details


1


Please contact bank 
for further details

Please contact bank 

for further details
 

Acceptable Documentation

1 x PERSONAL IDENTITY

     PLUS     

MINIMUM 1 x ADDRESS VERIFICATION

1 x Photocard Identity:

  • Current valid (signed) full EU Passport
  • Current valid  (signed) non EU Passport
  • Current valid National ID card (non UK Nationals)
  • Current UK / EU Photocard Driving Licence
  • Current Firearms/Shotgun Certificate

OR:
1 x Non-Photocard Identity plus an additional Proof of Address:

  • Valid (old style) full UK driving licence
  • Current State Pension notification letter
  • Current Benefits Agency letter

 

  • Current UK / EU Photocard Driving Licence
  • Valid (old style) full UK driving licence
 
Issued within the last 12 months:
  • Mortgage Statement or Mortgage Redemption Statement
  • Current Council Tax Bill
  • House or motor insurance certificate
  • Current State Pension notification letter
  • Current Benefits Agency letter
  • Solicitor letter confirming completion of house purchase
  • HMRC Tax notification documentation (this does not include P60s)
  • Letter from Council confirming Electoral Roll listing
 
Issued within the last 3 months:
  • Bank / Building Society / Statement (please note that we are unable to accept internet banking print-outs)
  • Account, investment or insurance document
  • Utility Bill – Gas, Electricity, Water, Telephone (Not mobile phones)
Unfortunately, we are unable to accept statements or bills printed from the Internet


All documents provided in support of a new client application, or in conjunction with ongoing reviews must either be originals presented to Harrods Bank in person, with a certified copy taken by a member of staff, or provided in copy form having been certified by an appropriate person (as detailed below).

How should copies of documentation be certified?

Who can certify copies of documentation?

 
  • Must be photocopied in black and white and be clearly legible
  • The person certifying the document must state on the copy that it is a ‘true copy of the original’
  • Photographic identification (e.g. passport, photo driving licence) should additionally be certified as a “true likeness of the individual”
 
The person certifying the document must provide their:
  • Full name and signature
  • Occupation / job title
  • Name of Professional Body and Registration Number (e.g. Law Society, Police Force Identification Numbers)
  • UK contact address and telephone number (as we may need to contact them to confirm the certification)

Where copies are provided these must be clear photocopies and must be certified by one of the following  independent professional persons, who should be registered with a relevant UK authority:

  • Legal professional (A Judge, Solicitor, Lawyer or Barrister registered in England & Wales, Northern Ireland or Scotland)
  • Qualified Accountant (registered with either ICAEW, ICAS, ACCA, CIPFA or CIMA)
  • Medical professional (Doctor registered with the General Medical Council, Dentist registered with Register of General Dental Professionals)
  • Social Worker (Person registered with the Health and Care Professions Council)
  • Bank / Building Society Official (Requires official bank stamp with sort-code)
  • Post Office Official (Person authorised under the Post Office Document Certification Service)
  • Approved Person with UK Financial Services Firm (Person listed on the Financial Conduct Authority Register)
  • Member of Parliament
Please note that we cannot accept certification by a close family member or acquaintance (e.g. cohabitant).

If you are unable to provide any documents from the list provided, please telephone us on 020 7225 6789  to discuss alternative arrangements that may be possible. We will do all we can to find a suitable alternative to take account of your individual circumstances, however we regret that we cannot open an account without necessary identification. For information on applications from outside of the UK please contact the Bank on 0800 387704 or 020 7225 6789.


Cumulative Purchases:
If your cumulative purchases in a 12-month period will exceed £10,000 we will request additional documentation showing the source of wealth and source of funds. 
For transactions totalling £10,000 or more may require up to 24 hours processing time.
We will retain copies of all identification taken (irrespective of the transaction amount) which may be inspected by regulatory authorities should they wish to do so.
We may decline transactions where we are unable to satisfy our customer due diligence.