Business Bank Account
For UK residents
To help new companies get started we offer, alongside your company formation, a fast track bank account referral service. While completing the online application to register your company you will be shown a selection of banks and payment institutions who offer services that are tailored to your company type and business activities.
We normally offer a choice of business bank accounts across as many as 8 banks and payment institutions, each of which accounts has an easy online application process.
You will see the banks and institutions who are offering these accounts toward the end of your online application process to register your new company. The list of banks and institutions varies, depending upon your company’s field of business and structure and the current marketing policy of each bank or institution.
Most of our banking partners offer their business accounts for free and have simple pricing plans. You may find more details on their websites: Simply follow the link to the relevant terms and conditions which will be shown on each bank’s or institution’s banner at the end of your application to register your company.
Currently available through our system:
How a bank gets your details and what happens next:
- Once you have completed your online application to register your company we will automatically send your details via a secure channel to one or a few banks according to which ones you have chosen.
- Having received your details (normally within 48 hours) the bank will call you for a ’phone interview or to arrange a time for meeting your bank business manager and open your account.
- Some of our payment partners have a simpler procedure in that you can apply for your account instantly online, with the Account Number and Sort Code being available at the end of the application process for successfully verified customers.
Business account opening is not guaranteed and subject to terms and conditions.
For non-UK residents
The information provided on this page is valid only for companies with directors and shareholders who all reside within the UK. Non-residents of the UK should check instead the options available within our Packages for Non-Residents .
How to open Business Bank Account?
Our bank refererral services are free of charge. Fees of bank and payment institution may apply.
For a new company
Add this to your formation package. Once you have chosen your company name and package you will be presented with a list of available services. Simply choose the services needed and proceed to the checkout.
For an existing company
Create an account on our website and import your company by providing the registration number and authentication code. You can then choose the services needed and, if applicable, we will notify Companies House of the changes.