Starting your own company is exciting but choosing the right
business bank account can be a time consuming
and overwhelming experience.
That's why we've partnered with some of the UK's leading banks to provide a streamlined, hassle-free
referral.
Whether you want to fund your startup with an overdraft or require a bank account for multiple directors, we've got the right solution for you.
Explore our partnerships with 7 leading UK banks below and find the account that best suits your business.
free
First 12 monthsfree
free
free
free
First 2 yearsfree
First 2 years
free
free
First 2 yearsfree
First 2 years
free
First 12 months20p
First 100 freefree
GBP only
free
20p
free
free
30p
free
1
free
free
free
The terms and conditions of each bank apply and are subject to availability. The information provided is accurate as of the publication date and is subject to change. The table is for informational purposes only. We may receieve a commission if you are a customer of ours and choose one of these accounts.
1. Starling Business Bank accounts are available exclusively to companies operating in select industries. An account will only be offered if your business is eligible at the time of application.
Fast, reliable and flexible financial management is essential for non-UK resident business owners. That’s why we've partnered with trusted international banking providers, Revolut, Wise and Payoneer, to offer straightforward multi-currency banking options.
Hold and move money in multiple currencies, receive payments using local bank details, and make international transfers quickly and securely, helping support your business as it grows.
From £10
per monthAll-in-one business finance
50+
30+
GBP, EUR, USD
Xero, FreeAgent, Shopify and more
Free
Low-cost international payments
80+
40+
GBP, EUR, USD, AUD, CAD, NZD, SGD, and more
Stripe, Xero, Shopify, QuickBooks
Free
Global marketplace and payouts
190+
70+
GBP, EUR, USD, JPY, CAD, AUD, HKD, SGD, and more
Amazon, eBay, Shopify, Fiverr, Upwork
Basic invoicing
Referrals to Revolut Business, Wise Business and Payoneer are included in our Non-Residents Package.
The terms and conditions of each provider apply and are subject to availability. The information provided is accurate as of the publication date and is subject to change. The table is for informational purposes only. We may receieve a commission if you are a customer of ours and choose one of these accounts.
If your company has not been formed yet, you can select a bank account during the company formation application. If your company is already incorporated, you can select a bank account through your Online Company Manager.
There are many benefits of opening a business bank account. The main benefits include easier management of your business expenses and tax filings, separation of personal and business finances and enhancing your business’ corporate image.
Legally speaking, you don’t need a business bank account as a start-up. However, a registered limited company is a separate legal entity, so keeping its finances separate from your own is highly recommended.
This depends on the bank, the type of business, and whether you provide all the required documentation promptly.
Yes, of course. You can get a business bank referral through your Online Company Manager. We also provide a range of financial tools for businesses on our Partner Offers page.
Form your company with 1st Formations and choose from 10 business bank accounts
- more than any other company formation agent.
This leading high street bank offers a business bank account with no fees for the first 12 months. Their App allows you to manage your account online, make payments locally and internationally, and create invoices for free.
How to apply
Once your company has been formed, Barclays will contact you with details on how to open your account. Your account will be opened within 6 to 8 weeks, and your business debit card will arrive within 5 days of the account being activated.
Established high street bank NatWest offer a business bank account with no transaction fees for the first 18 months. They also provide a range of borrowing options to help grow your business.
How to apply
NatWest will email you within 1 day of your company's incorporation with instructions for opening your account.
This business bank account offers spending notifications, pots to separate and manage your money, FSCS protection, and instant UK bank transfers. Starting with no monthly fees, it's a great choice for businesses.
How to apply
Monzo will email you within 24 hours of your company's formation to guide you through the account opening process.
Join over 1 million businesses that bank with Lloyds and get an instant decision on up to £5,000 credit (subject to status). Open a Business Account and enjoy a range of benefits, including free accounting software with no hidden costs, no monthly account fee for the first 12 months, and 24/7 mobile banking to manage your finances on the go.
How to apply
Once your company is formed, you will be invited to apply via their app. Most applications are completed in minutes, and you’ll receive a prompt decision on your credit limit.
This online business banking solution provides free money transfers and ATM transactions, 1% cashback on business expenses paid with your debit card, and the ability to set up direct debits. ANNA also provide multiple debit cards with customisable spending limits.
How to apply
Once your company is incorporated, you'll receive an email and SMS with a link to start your online application. Most accounts are opened in just 3 minutes, with your company's debit card arriving within 5 working days.
Revolut Business is an all-in-one finance platform built for companies that want more than just a bank account. From £10 per month, you'll get access to multi-currency accounts in GBP, EUR, and USD across 50+ countries, plus integrations with Xero, FreeAgent, Shopify, and more – keeping your finances and accounting in one place.
How to apply
Our Non-Residents package comes with a free banking referral. Once your company is formed, you'll receive an email with everything you need to get started – including a link to apply for a Revolut Business account. If your application is approved, you'll be set up with a UK sort code and account number shortly after.
Note: All account openings are subject to approval.
Wise Business is designed for companies that operate across borders. With no monthly fee, you can hold and convert 40+ currencies, receive local account details in GBP, EUR, USD, AUD, CAD, and more, and send low-cost international payments to 80+ countries. Wise integrates with Stripe, Xero, Shopify, and QuickBooks to keep your financial admin streamlined.
How to apply
Our Non-Residents package comes with a free banking referral. Once your company is formed, you'll receive an email with everything you need to get started – including a link to apply for a Wise Business account. If your application is approved, you'll be set up with a UK sort code and account number shortly after.
Note: All account openings are subject to approval.
Join thousands of businesses banking with Starling, the multi-award-winning digital bank. Open a Business Account with no monthly account fees and enjoy fast, secure UK and international transfers, easy integrations with Xero and QuickBooks, and round-the-clock UK-based support. Your eligible deposits are protected by the FSCS up to £120,000, so you can manage your money with confidence. Other charges may apply.
How to apply
Download the Starling app to get started. If you are an existing Starling personal customer, you can open a new account straight from the profile section of your app.
From there, you will apply for a business account within the app. Starling will review your application and may request additional documentation before approving your account.
Zempler Bank (formerly Cashplus) offers straightforward digital banking for small businesses, with a contactless Mastercard, built-in invoicing and cash flow tools, and easy integrations with Xero, QuickBooks, and Sage. With no monthly fee on the starter account and FSCS protection on eligible deposits, it's a solid choice for new companies.
How to apply
Once your company is formed, we'll pass your details to Zempler, who will contact you to complete a quick online application - most accounts are opened in minutes.
Payoneer is built for companies that sell and get paid globally. With no monthly fee, you can hold and manage funds in multiple currencies, receive local account details in GBP, EUR, USD, JPY, CAD, and more, and get paid directly by over 2,000 marketplaces, including Amazon, Fiverr, and Upwork. You can also send payments to suppliers and contractors in 70+ currencies.
How to apply
Our Non-Residents package comes with a free banking referral. Once your company is formed, you'll receive an email with everything you need to get started – including a link to apply for a Payoneer Business account. If your application is approved, your account will typically be ready to use within a few business days.
Note: All account openings are subject to approval.
