Open A Company In Uk With Bank Account

Note that sole traders must have a starling bank personal account to open a sole trader account.

Open a company in uk with bank account.

This account comes with international online telephone banking and access to the barclays mobile banking app only available for sterling accounts. You must have been trading for a minimum of 18 months to apply. It s usually easier to open a bank account with one of the uk s largest banks i e. To open a uk business bank account you will need two documents one to prove your identity usually your passport or national identity card and one to prove your address which applies to both in branch and online.

Uk residency isn t legally required to open a business bank account. You can choose to open an international bank account in one of three major currencies dollar sterling and euro and hold these funds in the uk jersey or the isle of man. Banks however are wary about working with non residents because of the extra administration and possible exposure to fraud. If you don t have any company directors resident in the uk then an international business account is your best option.

All are free for the first 18 months and include perks such as a dedicated relationship manager to help you build your business and a knowledge centre with training articles and videos. You just have to provide a valid passport proof of permission to live and work in the uk a residential address where you can receive post this can be a friend or relative you are staying with you don t. The starling bank business account is open to you if you re self employed or the owner of a limited company or if you re part of a limited company with multiple owners.