Choosing the right UK approved bank in Nepal ensures compliance with UKVI (United Kingdom Visa and Immigration) regulations and contributes to a smooth and easy visa application process. Therefore, students must use a UK approved Nepali bank that aligns with the UKVI’s rigorous requirements. A UKVI-approved bank is needed to help Nepali students show proof of sufficient funds for their tuition and living expenses in the UK. Additionally, it reduces the risk of fraudulent visa applications and enhances the credibility of financial information.

We understand that many students don’t know how to choose a bank for a UK student visa in Nepal. In this article, we will address the factors Nepali students must consider when choosing a UK approved bank in Nepal. We will assist you in making the crucial decision-making process, from determining the Nepali bank possibilities for UK student visas to choosing an appropriate bank. This guide seeks to equip you with the knowledge necessary to make an informed decision regarding your choice of a UKVI approved bank, which plays a crucial role in determining the foundation of your UK academic journey.

Why Opt for a UK Approved Bank in Nepal?

Even though there are many financial institutions in Nepal, choosing a UK-approved bank in Nepal is important since it’s a requirement for the UK student visa application procedure.

1. Compliance with UKVI

Choosing a UK approved bank in Nepal is essential for satisfying the UKVI’s financial requirements. Nepali students who want to study in the UK are required to show proof that they can afford to pay their tuition fees and living expenses. The UK Visas and Immigration (UKVI) requires these funds to be stored in a UK approved bank.

2. Recognition of Nepal Bank

The UK government recognises and acknowledges UKVI approved banks as meeting the rigorous Nepal student visa bank requirements. This recognition gives credibility to the submitted financial documentation, which allows for a more efficient means of communication between the applicant, the bank, and the UKVI.

3. Easy visa application process

Choosing a bank will help speed up the visa application. Submitting financial documentation from a UK approved bank decreases the likelihood of visa processing delays or challenges. It proves to the authorities that the funding comes from a reliable source, which boosts their trust when they make their visa decision.

4. Money transfers and foreign exchange services

Currency exchange and international wire transfers are services offered by UK approved banks to Nepali students. Students who must handle tuition, living expenses, and other financial transactions in a foreign currency may find this helpful. Having access to these resources makes budgeting for school much easier.

5. Transparent financial transactions

A UK approved bank is required to keep financial transactions transparent. For the UKVI to assess the accuracy of the submitted financial documents, transparency is necessary. It guarantees that the claimed funds are available to the student for their intended use to further their studies in the United Kingdom.

UK-Approved Nepali Bank List for Studying in the UK


Below is the Nepali bank list for UK student visas:

  1. Everest Bank Ltd. (EBL)
  2. Kumari Bank Ltd. (Kumari)
  3. Himalayan Bank Ltd. (HBL)
  4. Century Commercial Bank Ltd. (Century)
  5. Mega Bank Nepal Ltd. (Mega)
  6. Laxmi Bank Ltd. (Laxmi)
  7. Citizens Bank International Ltd. (Citizens)
  8. Nepal SBI Bank Ltd. (NSBI)
  9. Machhapuchhre Bank Ltd. (MBL)
  10. Nepal Bank Ltd. (NBL)
  11. Siddhartha Bank Ltd. (SBL)
  12. Nepal Investment Bank Ltd. (NIBL)
  13. Prime Commercial Bank Ltd. (Prime)
  14. Nabil Bank Ltd. (NABIL)
  15. Agriculture Development Bank Ltd. (ADBNL)
  16. Rastriya Banijya Bank Ltd. (RBB)
  17. Nepal Bangladesh Bank Ltd. (NBB)
  18. Standard Chartered Bank Nepal Ltd. (SCBNL)
  19. Global IME Bank Ltd. (Global)
  20. Sunrise Bank Ltd. (Sunrise)
  21. NMB Bank Ltd. (NMB)
  22. NIC ASIA Bank Ltd. (NIC)
  23. Sanima Bank Ltd. (Sanima)
  24. Civil Bank Ltd. (Civil)
  25. Nepal Credit and Commerce Bank Ltd. (NCC)
  26. Bank of Kathmandu Lumbini Ltd. (BOK)
  27. Prabhu Bank Ltd. (PRABHU)

Guidelines for Selecting the Suitable Bank

Selecting a bank in Nepal may be challenging, but with the right guidelines, you can make well-informed decisions. To make sure your visa application goes smoothly, follow the detailed guidelines for selecting a UK approved bank in Nepal below.

1. Approval from UKVI

Make sure the bank has the full approval of the UK visa and immigration authorities. You should also note that the list of UK approved banks in Nepal is frequently revised. Check to see if the bank you’ve selected remains eligible for visa purposes.

2. Accessibility and a branch network

Consider how easy it is to get to the bank’s offices and ATMs in both Nepal and the UK. A bank with a large network can make it easier to make transactions and handle your funds, especially if you need to get your funds while you are studying in the UK.

3. Documentation and verification processes

Find out which documents and verifications are needed for opening a student account with a UK approved bank in Nepal and make sure it meets UKVI standards. Make sure the bank can give you the necessary documents and help you meet the financial standards for your student visa application.

4. Active customer services

Verify that the bank you select has active customer service. Having access to prompt and professional customer support is crucial, especially when transacting on a global scale or dealing with challenges that may arise while studying in the UK.

5. International services

Consider the bank’s foreign exchange rates and costs for international transactions while making your choice. Pick a bank with low rates and easy international money transfers.

6. Account Maintenance and Fees

Learn about the terms and conditions associated with account maintenance, fees, and costs. Consider any required minimum balances and transaction costs, and select a bank that suits your financial needs and preferences.

7. Seek consultation from education consultants

Seek professional guidance from top local educational consultants, the international student office at your university, or students who have already gone through the procedure. Their experience may prove to be helpful.


Selecting the right UK approved bank in Nepal is one of the most important steps you can take to study in the UK. By choosing a bank with a good reputation, accessibility, and lots of services for students, you can make sure that your finances will be taken care of easily.

Always keep in mind that the bank you choose has more to do with you than just meeting the standards of your student visa. It helps you keep track of your finances, gives you stability, and gives you great support as you take advantage of the chances that studying in the UK brings. In the end, your bank is a part of your educational journey. Make a smart choice, and your application process will be smooth.


What constitutes a UK-approved bank in Nepal?

A UK-approved bank in Nepal must be recognised and approved by UKVI(UK Visa and Immigration). Additionally, a UK-approved bank must be transparent, reliable, and meet the rigorous standards of UKVI.

Why is a UK-approved bank essential for my student visa application?

According to the UKVI visa application standards, you must show the right proof of your finances. As part of your visa application, most international students must show the UKVI proof that they can pay for their studies in the UK. The UKVI will check your proof of funds. If they can’t find proof that it is accurate and genuine, your visa application will be refused or denied on financial grounds.

Which banks in Nepal are recognised as UK-approved banks?

There are over 20 banks recognised as the best banks for Nepali students in the UK. You will find banks like Nepal SBI Bank Ltd. (NSBI), Century Commercial Bank Ltd. (Century), Citizens Bank International Ltd. (Citizens), and Everest Bank Ltd. (EBL). Visit the UKVI official website for the updated list of UK-approved banks in Nepal.

What Services Do UK-Approved Banks Offer to Nepali Students?

Services offered by UK-approved banks to Nepal students include:
1. International fund transfers
2. Currency exchange
3. Specialised accounts
4. Online banking
5. Active customer support
6. Documents and verification processing

Can I Establish a Bank Account with a UK-Approved Bank Before Departing from the UK?

You can establish your student bank account with a UK-approved bank in Nepal before arriving in the United Kingdom. Your home bank may be able to establish an account for you if it has a partnership with a British bank. Many of the largest banks in the United Kingdom also maintain accounts abroad.

Are there special features in student accounts provided by UK-approved banks?

Yes, there are special features in student accounts provided by UK-approved banks. These features include cheaper or no fees, interest-free overdrafts, and discounts on different bank services. If you want more specific information, you should talk to different banks to find out what features they offer to people who open a student account at their banks.

How Can I Determine the Right UK-Approved Bank for My Needs?

You can determine the right UK-approved bank for your needs by verifying the following:
1. Updated list of UK-approved banks
2. International services
3. Competitive currency exchange rate
4. Online banking
5. Low transaction fee
6. Transparent documentation and verification process
7. Seek guidance from education consultants

What documentation is required to open a student account with a UK-approved bank in Nepal?

UK-approved bank documentation in Nepal includes:

1. Identity verification, such as a current passport photo, national identification card, driver’s licence, or voter registration card.
2. Proof that you are a student, like a current student ID or a letter from the school confirming your enrollment.
3. Proof of address, like a recent bill for water, electricity, or gas, or a copy of the rental agreement.
4. Financial proof, like a recent account statement or a letter of sponsorship, proving you can pay for your tuition fees and living costs
5. A visa and a biometric residence pass (BRP).
6. Any additional documentation the bank may request.