Business bank account opening that does not require a face to face appointment

Discussion in 'Accounts & Finance' started by Kerwin, Aug 22, 2020.

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  1. Kerwin

    Kerwin UKBF Regular Free Member

    117 11
    Posted: Aug 30, 2020 By: Kerwin Member since: Dec 1, 2018
    #21
  2. Kerwin

    Kerwin UKBF Regular Free Member

    117 11
    I found my passport! It was in a really weird place so no wonder I couldn't find it. Anyway, I've applied to open a business account with Starling Bank. Just need to wait until I hear back from them to know if I was successful or not.
     
    Posted: Sep 3, 2020 By: Kerwin Member since: Dec 1, 2018
    #22
  3. jimbof

    jimbof UKBF Regular Free Member

    172 24
    Nice one. For what it is worth my account for Ltd co was 4 days from application to opening at the height of the BBL stuff.
     
    Posted: Sep 3, 2020 By: jimbof Member since: Apr 10, 2020
    #23
  4. Kerwin

    Kerwin UKBF Regular Free Member

    117 11
    Thanks. It is useful to know how long it is likely to take.
     
    Posted: Sep 3, 2020 By: Kerwin Member since: Dec 1, 2018
    #24
  5. consultant

    consultant Your Business Community Staff Member

    5,664 797
    Metro Bank will be offering a quick online account opening service soon.
     
    Posted: Sep 3, 2020 By: consultant Member since: Jan 21, 2008
    #25
  6. 123 Financials

    123 Financials UKBF Newcomer Full Member

    11 0
    Revolut
    Everything is online and no face to face meeting required.
     
    Posted: Sep 3, 2020 By: 123 Financials Member since: Sep 7, 2018
    #26
  7. jimbof

    jimbof UKBF Regular Free Member

    172 24
    Until they sort out integration with 3rd party bookkeeping solutions like Free agent and QuickBooks, I don't think Metrobank can be recommended these days. I believe they only have Xero integration
     
    Posted: Sep 3, 2020 By: jimbof Member since: Apr 10, 2020
    #27
  8. nelioneil

    nelioneil UKBF Enthusiast Full Member

    645 93
    Revoult is not a "bank" the last time I checked.
     
    Posted: Sep 4, 2020 By: nelioneil Member since: Jan 22, 2013
    #28
  9. fisicx

    fisicx It's Major Clanger! Staff Member

    33,323 9,857
    Opened an account with NatWest yesterday. No face to face, all done online. Easy Peasy.
     
    Posted: Sep 4, 2020 By: fisicx Member since: Sep 12, 2006
    #29
  10. Walter a Boyd

    Walter a Boyd UKBF Newcomer Free Member

    1 0
    Advice - Business Bank account for sole trader
    I am looking recommendations for a fee-free business account as a sole trader to use it for the Govt.'s Bounce Back loan. I have a personal account to Starling Bank but they are not taking applications for new business accounts.
    Thanks for any suggestions.
     
    Posted: Sep 4, 2020 By: Walter a Boyd Member since: Jan 10, 2019
    #30
  11. eastcoastbaby

    eastcoastbaby UKBF Contributor Free Member

    64 8
    Stick with a proper bank. Starling is my top choice, although I also use Santander. Don't only have one business account. What happens if you get cut off from it? In that regard this is where some of the digital service companies come in.

    Tide was mentioned earlier in the thread. Their proposition has improved over the past 18 months or so, but from the comments in the link below, they seem one of the worst for 'cutting' people off from their accounts. Still, as a backup it doesn't really cost you anything.

    https://moneysavinganswers.com/business/banking/tide-the-business-bank-account-alternative/
     
    Posted: Sep 7, 2020 By: eastcoastbaby Member since: Oct 1, 2012
    #31
  12. lesliedocherty

    lesliedocherty UKBF Ace Free Member

    2,258 312
    I have heard good things about Metro Bank, we are considering switching over to them
     
    Posted: Sep 7, 2020 By: lesliedocherty Member since: Jun 17, 2006
    #32
  13. Kerwin

    Kerwin UKBF Regular Free Member

    117 11
    I had a bit of a problem with my Starling bank account application. They asked for a solicitors or accountants letter confirming the nature of my business before they would open my account. I sent a polite email saying I couldn't provide that information. They removed the requirement and just asked for proof of address from a utility bill or a bank statement which I provided. I'm just waiting for them to check the photo now.

    All in all, I was very impressed with how they handled that. It could have easily been much worse for me. So I'm a happy camper now.
     
    Posted: Sep 8, 2020 By: Kerwin Member since: Dec 1, 2018
    #33
  14. Kerwin

    Kerwin UKBF Regular Free Member

    117 11
    Just to update this thread. My account is now open.

    Thank you all for the advice.
     
    Posted: Sep 10, 2020 By: Kerwin Member since: Dec 1, 2018
    #34
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