Frequently Asked Questions

Do I need to open a business bank account?

It is a sensible step to open a separate bank account for your business. This will allow you more easily to monitor your business income and expenditure, and to see how the business is performing financially.

If you require a loan from your bank to start or run your business, a business bank account is likely to be a requirement of the loan.

The major banks, and many building societies, have deals available – free banking for a period – but read the small print, and do shop around for the best deal that suits you and your business.

If you need a more detailed response or would like to know more about how we can support your business, please contact us by using our Contact Us form, or alternatively you can email us at or call us on 0844 2640390