Do I need a bank account? You will need a bank account to receive Universal Credit. A Biometric Residency Permit (BRP) and proof of address will be required to open an account. Please see the following online banks: Monzo Monese Starling Bank Revolut Chase Bank UK Alternatively you can apply for a bank account on the high street, at places such as Lloyds Bank and Nationwide Building Society. Manage Cookie Preferences