UK Corporate Bank Account

Opening a UK company is usually straightforward. Opening the right business bank account can take more work, especially for a new company, an overseas-owned business or a company trading internationally.

Coutts Consultants can help prepare the application and introduce you to a suitable third-party provider. We look at what the company does, who owns it and how the account will be used so the application is clear from the start.

Who this service is for

This service is suitable for UK companies that need an account for receiving customer payments, paying suppliers and meeting normal business expenses.

It can also help overseas-owned UK companies that need a provider comfortable with their ownership and trading profile.

What you will normally need

Providers commonly ask for company documents, details of directors and beneficial owners, proof of identity and address, business information and evidence of where the initial funds come from.

For a new company, a website, contracts, forecasts or details of expected customers and suppliers can also help explain how the business will operate.

Overseas owners and international trading

Overseas ownership can mean extra questions about shareholders, source of funds and the countries in which the company expects to trade.

We help present this information clearly. All applications remain subject to the provider's normal identity, anti-money-laundering and acceptance checks.

How Coutts Consultants can help

We discuss what you need from the account, review the company and ownership structure, prepare the banking file and make an introduction where a suitable provider is available.

Coutts Consultants acts as an intermediary. The third-party provider supplies the account and makes the final decision on acceptance.