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Open an account check if your business can apply To apply for our foreign currency account, you must You can open a business account with us if you’re a sole trader or the director of a limited company
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We have other types of accounts for schools and for charities and community organisations. Confirmation of your business address (if not the same as your personal address) What you will need to open an account opening a business current account is an important step for any business
To help you prepare, we have worked with uk finance* and other providers of uk business banking accounts to agree a basic set of information that we will need from you
This guide brings you the essential details and documents you will need to open your account. Be clever with your cash Start small and earn interest from day one, so you can watch your savings grow Use our business savings interest calculator to see how our competitive interest rates could set you up for the future.
A business bank account is one that you use solely for your business income and expenses If you have set your business up as a limited company then you must use a business bank account to run it While sole traders are not legally required to set up a business account, it can be a useful way to keep your business and personal finances separate and access support to help your business thrive. Check if your business can apply you can apply for a business overdraft if you are
An existing business current account holder a sole trader, partner or company director with authority to borrow on behalf of your business aged 18 or older using it for business use only.
When you set up, you need to choose between being a sole trader, a partnership or a limited company As a sole trader you are on your own as the owner operator of your business. To apply for an instant access account, you should Use it for your business be a sole trader, partner or director be age 18 or over.
Here are the documents you need to open an account Memorandum and articles of association
