Business Bank Account Under 18

People aged under 18 are legally considered to be a minor and unfortunately this means that you can t open a business bank account.

Business bank account under 18. In many cases a parent has to be joint owner on a minor s bank account. Whatever you want to call it. 8 february at 11 39am in budgeting bank accounts.

Business bank accounts for under 18 s. Different types of accounts. We have tried to open a business bank account with natwest rbs yorkshire bank metro bank santander cashplus monzo and starling.

Hello all i was wondering if anyone has any advice on a bank account i a 15 year old can use for a new e commerce business i m. It also means that you will be unable to borrow money or have a credit card so if you need to raise finance for your business this needs to come from an alternative source. Bank accounts and raising finance.

Both monzo and starling. A minor cannot open a basic bank account until they are 18 years old they can open youth accounts. 1 report thread starter 9 years ago 1 i can get bank accounts and stuff for myself.

I had a bank account with a cash card with tsb pre lloyds which i had full control over at the age of 13. Announcements applying to uni for 2021. The problem is that you need to sign a contract to open an account and contracts signed by minors are complicated.

Business bank accounts for under 18 s watch. 8 february at 11 39am in budgeting bank accounts. Go to first unread skip to page.