Open bank account for
UK Company
What You Should Know About Banking In the UK
The United Kingdom (UK) boasts one of the most sophisticated and well-regulated banking sectors in the world. With London as a global financial hub, the UK banking system offers a wide array of services catering to both domestic and international clients.
The country's banking sector is regulated by several key institutions like The Bank of England, The Prudential Regulation Authority (PRA), and the Financial Conduct Authority (FCA). These regulatory bodies work together to maintain a secure and transparent banking environment.
As of April 2024, there are over 300 banks operating in the UK, including high street banks, challenger banks, and international banks, providing a range of services from basic savings accounts to complex investment products.
UK companies often find it relatively straightforward to open bank accounts in other countries. This is due to the high level of trust and compliance associated with UK businesses, which many foreign banks recognize.
Wonder which can be the best bank for your UK company? Let's find out with our Banking Tool
Open a Bank Account for UK Company
Note: Our banking support fee does not include the fee for bank account application or any other required fee (if any) chargeable by the bank you choose to apply.
Order Banking Support Separately
US$499*
* This fee is only for customers who have already used our company formation service
Order Package that Includes Banking Support
US$400*
Save US$99 when ordering Standard or Premium Package
What's Included In Our Fee
- Consultancy on best-suited bank options for your business needs
- Consultancy and review of the application process and document preparation
- Support for preparing certified documents when needed – i.e., Certificate of Incumbency and Courier hard copy
- Appointment arrangements with the bank(s)
- A dedicated support team available for banking-related questions
Why Our Service is Unique
- One-time fee for multiple bank applications with premium package (if you fail to open a bank account in one bank, we continue to assist you in applying for other banks, without extra charge)
- Affordable and efficient pricing plan
- Support for opening a UK bank account remotely
- A proven record of over 12 years of experience with international banks
- Prompt response and a step-by-step guide to the application
Need more references? Here is a Banking Tool to make your decision easier!
Try NowRequired Documents
The specific documents needed will vary depending on the bank you choose. Here are some commonly requested items:
Account application forms
Bank reference letter or personal reference letter
Bank statements
Certified copies of valid passports and recent address proofs (within 3 months) for all directors, shareholders, and account signatories
Business plan including expected turnover, source of funds, and partner details
For precise document requirements tailored to your situation, please contact our support team.
