Business Bank Account Uk
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What is a business bank account.
Business bank account uk. Santander s business bank accounts can be managed online and accessed either through their atms or through post office branches. A new mobile first uk business bank account designed around you the small business owner. To be eligible for cooperative bank s business banking account all key parties must be 18 or over be a uk resident with a uk address.
We know the coronavirus situation is a worry and we re committed to supporting you and your business through this difficult time. These rules only apply to existing businesses that have a turnover of less than 6 5 million have a clearly defined ownership structure and all of the business owners operate in the uk. Find out more at santander co uk.
Our business bank accounts are designed to simplify everyday banking and make managing your money easier even from home. Moneyfacts business bank account comparison. We ve made banking simpler faster and more intuitive to give you the freedom to do what you do best run your business.
Now open to early access. Business bank accounts are aimed at both start ups and established businesses. Uk finance has teamed up with uk banking providers to pull together some guidelines on what you need before you apply for a business bank account.
Banks usually charge business customers a monthly or annual fee although many offer a fee free period of up to two years for new customers and startups. All key parties must be free from ccjs bankruptcy ivas and missed personal payments over the last 6 years. We ve linked to others comparisons for now but let us know in the forum if it would be useful for us to do a full comparison of high street business accounts.
What id do i need to open a business bank account. Plus our business banking experts are on hand to help. As part of a regulatory requirement an independent survey was conducted to ask approximately 1 200 customers of each of the 14 largest business current account providers if they would recommend their provider to other small and medium sized enterprises smes.
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