A bank account without ID could be an interesting choice in a plethora of different situations. In theory, you’ll need some form of identification anyway, whether it’s a passport or perhaps a local form of ID. Most banks will need to know more about you and ensure you’re of legal age.
However, there are also situations when you might be able to get a bank account no ID as well. Of course, they’re quite rare and they come with some strict requirements, meaning they’re clearly not for everyone. If you’re only looking for anonymity, getting a fully anonymous bank account could be tricky.
With these thoughts in mind, let’s explore the possibility of a bank account without ID and what it actually means.
Classic Requirements to Open a Bank Account
Most banks seem to have similar requirements, even over more jurisdictions. Of course, requirements will vary widely between Switzerland and North Korea, for example, yet it’s almost impossible to get a North Korean account without being a resident.Normally, you’ll need a photo ID before anything else. It could be an international document, such as a passport, but it could also be a driving license or perhaps a local ID.
The second most required document is the proof of address. In some countries, the address is mentioned on the local ID, so you may not be asked for one. However, just to play it safe, most banks will usually ask you for a bill in your name.
Depending on the country, your status there or the type of account, you might be asked for more documentation:
- Proof of income. Basically, if you ask for credit or overdraft features, the bank will need to ensure that you actually have an income and can afford this form of debt.
- Proof of funds. Thinking of opening an account abroad? Chances are you’ll also have to make a deposit, so the bank may need statements from your current bank to prove your wealth.
- Tax residency. Banks should know your tax status. In some countries, it’s a legal requirement, so you may need to bring other documents.
Alternatives to Classic IDs
To keep it simple, it looks like a bank account no ID is mission impossible. After all, this is one of the first documents most banks will ask you for, regardless of the jurisdiction. However, there are still ways to go around it.Rules vary from one jurisdiction to another, not to mention different banking institutions.
For example, if you don’t have an ID, some banks may accept a classic utility bill instead. It pays off to get a bill from a local authority. For example, in the UK, the council tax bill could be a good option, yet electricity or gas bills could also be used.
If you already have an account with another bank, a statement might work as well. Even better, try to get a credit card statement if you have one.
Tax statements may also be accepted in some countries, especially if you don’t have an ID. The same rule applies to a mortgage statement, yet getting a mortgage normally implies having multiple forms of verification upfront.
Why you don’t have an ID is also important. Therefore, you could get a bank account no ID in some of the following situations:
- Using a benefit of state pension statement if you’re not employed or you’re retired.
- Using a letter regarding your status in terms of immigration. This option is more useful if you’re in the situation of a refugee.
- Letters from employers explaining the situation could work too, as well as letters from prison governors, care home managers, homeless shelters and other similar places.
For such situations, it's worth noting that opening a bank account without an ID requires a special situation. Most people have some forms of identification, even when it comes to refugees avoiding war. Therefore, you'd have to be in an exceptional situation to be able to open an account this way.
What to Consider Before Applying
There are quite a few things to think about before even considering applying for a bank account no ID.First of all, try to find a quicker and easier solution. In other words, an ID won’t cost a fortune. If you have some documents to prove who you are or you can declare your current ID lost or damaged, it will be quicker to take this path.
However, if you find getting an ID impossible, you’ll need to consider the local laws and regulations. If KYC (Know Your Customer) regulations in your country are strong, chances are every bank or institution will ask you for some form of identification.
Again, if you’re homeless or unable to produce an ID, you could find support from different nonprofits, shelters or organizations. This is an exceptional case and while most banks won’t care, such organizations can give you a hand.
Finally, learn more about banks as well. Some banks are more permissive than others. Obviously, no bank advertises the option to open a bank account without ID, so you’re less likely to find such accounts on official websites.
Instead, you may need to get in touch with banks, explain your situation and ask about alternative documents you could bring in.
Last, but not least, there are different neobanks or online institutions offering access to accounts and cards without an actual ID. Most of them will, indeed, require an ID. However, some others offer basic accounts with no identification.
From many points of view, they work just like travel or prepaid cards. It’s not the best possible option, but it’s the closest you can get to a bank account.
If you’re not sure what to do next, get in touch with free nonprofit organizations that can advise you accordingly. There are such institutions everywhere in the world. Even if they won’t supplement the lack of an ID, at least they’ll be able to provide exclusive and legal advice on how to solve the problem.
