8/18/2019 UK Seconded Employees Bank_Address Proof Requirements

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Short Term Assignments (90 days and/or less):

• Employees on short term (less than 3 months) assignment to the UK neednot have to open a UK bank account

• India Salary continues as issued through India Payslips and money

transferred to the India Salary account UK !llo"ance "ill be credited tothe employee#s travel$ %ash card

Short/Medium Term Assignments (more than 90 days but less than 12months):

• Employees on short$medium term (more than &' days but less than months) assignment to the UK have to open a UK bank account

• India Salary and U Allo!an"e !ill be #aid together around the

$th o% the %ollo!ing month to U ban& a""ount This !ill be soe'en %or the month !hen the em#loyee returns hen"e #lease donot dea"ti'ate your U ban& a""ount be%ore returning as thesalary !ill be "redited to U ban& a""ount till the last month o%your U 'isit *etails of allo"ance in I+, along "ith India salary "ill becovered in the employee#s India pay slips

• !ddress proof is mandatorily re-uirement to open a UK bank account forall UK landed resources on an assignment note .his re-uires a tenancy$lease agreement "ith the landlord$ estate agent to su/ce process$ auditcompliance 0ailure to provide any tenancy$ lease agreement "ould mean

that the company "ould not o"n any liability to provide for any addressproof$ employment letter mentioning address

• Initial address proof of residence $accommodation "ithin the stay period (1days) can be issued based on UK facilities con2rmation

ong Term Assignments (12 months or more):

• Employees on ong .erm !ssignments ( months or more) to the UK haveto open a UK bank account

• !ddress proof is mandatorily re-uirement to open a UK bank account for

all UK landed resources on an assignment note .his re-uires a tenancy$lease agreement "ith the landlord$ estate agent to su/ce process$ auditcompliance 0ailure to provide any tenancy$ lease agreement "ould meanthat the company "ould not o"n any liability to provide for any addressproof$ employment letter mentioning address

• Initial address proof of residence $accommodation "ithin the stay period (1days) can be issued based on UK facilities con2rmation

Should you have any -ueries please do not hesitate to contact 4,$0inance