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US citizens in the UK · Institutions

Which Kroo accounts accept US citizens

Last checked

Kroo has been checked for US citizens across 2 account types. Both are open to a US person.

If you already have an account with Kroo, a second one there is usually the easier application, because Kroo has already checked who you are. Each account below carries its verdict, the evidence behind it and the date it was checked.

At a glance

Account Verdict Last checked
Current accounts Opens
Savings accounts Opens

Current accounts

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Opens

Kroo asks only that you are 18 or over and resident in the UK, the Isle of Man or the Channel Islands. Its terms ask outright whether you are a US person and say the account may be reported, which is reporting rather than a bar.

FSCS £120,000 · app-only

Account Terms The catch
Kroo current account
Monthly fee
Free
Interest
2.65% AER
Abroad
No fees on spending abroad
 Interest is paid on balances up to £500,000.

Source: Kroo current account terms, 2026-08-17 Last checked Kroo's own page

Savings accounts

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Opens

Kroo has no standalone savings account: interest is paid on the current account balance and on pots, and the only residency test is that you live in the UK, Isle of Man or Channel Islands. Its terms ask about US-person status for reporting rather than as an exclusion. The US taxes the interest as ordinary income.

FSCS £120,000 · app-only, no standalone savings account

Account Terms The catch
Current account balance
Access
Easy access
Rate
2.65% AER, tracker
Max
£500,000
Rate as of
 Set 1.10% below the Bank of England base rate, and only on the first £500,000.
Savings Pots
Access
Easy access
Rate
2.65% AER, tracker
Max
£500,000
Rate as of
 Same rate as the main balance, and the £500,000 cap covers both together.

Source: Kroo current account pages, 2026-08-17 Last checked Kroo's own page

Account names link to the provider's own site. momo has no active affiliate partnerships; if that changes it will be disclosed and will never change a verdict. Every institution, A to Z.

Confirm your own position with a cross-border specialist. Acceptance policies and tax rules change, and your facts may differ from the general case. Rates and terms here are the provider's published figures rather than an offer, and the provider decides each application on its own criteria. Use this as a map, not a ruling. Last checked .
Tax

FATCA

FATCA makes UK banks report accounts held by US persons to the IRS. It is not a tax; it is a reporting trail. Where it bites is access.

 Tax

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