Business Bank Accounts

When you form your company with us and indicate that you wish to open a business bank account, we will automatically send your details via a secure link to your preferred bank. The bank will call you within 2 working days to arrange the opening of your account.

Select a bank account while completing your incorporation application

Business Bank Accounts
Business Bank Accounts

Non-resident Company Owners

Please note that if you are not resident in the UK, it may be difficult for you to open a bank account under this service. Most banks are unwilling to open business bank accounts for non-resident individuals or companies. If a client's turnover expectations exceed £2.5million then they do not have to be a UK resident director to open an account. However, if the projected turnover is under this amount the bank will require a UK resident director.

Barclays offers international services for businesses which allow you to open a bank account as a non-resident and use it to hold income and pay for business expenses but will ask for a minimum opening balance of £25,000 (or equivalent).

You may also use one of the following ways to obtain a bank account for your business:

Opening a business bank account in your own country

Many non-resident company owners open business bank accounts for their UK companies in their own countries. This will require you to get your Certificate of Incorporation, Share Certificates, Memorandum & Articles apostilled. We will help you get your documents apostilled or legalised.

Opening an account with 3S Money

Business Bank Accounts

Focusing on international trade, 3S Money is creating a new standard for cross-border business banking. Corporate clients can collect, send and exchange bank transfers in 190+ countries.

3S Money offers convenience for large transfers. You can send and receive high-value business payments around the world faster and more securely.

Read more on 3S Money

What 3S Money offers:

  • 3S accepts directors and shareholders from 190+ countries
  • You get a UK account number and sort code for your business
  • 3S offers an online Global Business Account linked to local IBANs in the Netherlands, UK and US.
  • Offers 35+ currencies including USD, GBP, EUR
  • No chatbots. no automated messages - each client gets a dedicated client manager who is available 24/7

Opening a Wise UK business account

You may, however, consider opening a Wise business account. The Wise business account is an ideal banking solution for non-residents that will allow you to send, spend, and receive multiple currencies using the real exchange rate. You will open a business bank account without a UK local address, without visiting a branch and you will be able to operate using your own UK bank details - just like a UK resident. The account comes with a UK account number and sort code, Eurozone IBAN, and US account and routing number, regardless of where you are in the world. There is a one-off fee to apply for the bank account, ranging from £16 - £21.