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Business Banking For UK Residents

Business Banking For UK Residents

At FormationsHunt, we recognize that efficient banking is the backbone of any successful business. After forming your company, the next critical step is setting up a business bank account that aligns with your operational needs. We guide you through this process, offering a curated list of banking options designed for UK businesses. Whether you prefer traditional banking services or modern digital solutions, we’re here to simplify your decision-making.

   

    Apply for a Barclays business account and enjoy trusted banking with a wide range of financial services, including online and mobile
    banking, business loans, and dedicated support for businesses of all sizes.

    Not all banks offer a human touch

    We do – plus 300+ years’ experience

    From no monthly account fee for your first 12 months, to discounted partner services worth over £5000, it’s no surprise that 900k+
    businesses bank with us. Choose us - because your business deserves a partner not just a bank.

    Businesses that already hold a Barclays business current account are not eligible for the 12-month no-fee offer. After the first 12
    months, a monthly fee of £8.50 will apply. Additional fees and charges will be based on the business account tariff, which may change
    over time.

    Terms and conditions apply per partner, see website for details.



      

    Tide offers a user-friendly business account with features designed to streamline financial management. The platform provides tools for
    invoicing, expense tracking, and cash flow management. Tide also integrates with accounting software like Xero and Sage, simplifying your
    financial processes. Additionally, Tide offers a mobile app for on-the-go account management. This accessibility ensures that you can manage
    your business finances anytime, anywhere, providing flexibility and convenience. Tide is primarily available to UK residents and may not offer
    services to non-UK residents. It is an excellent choice for businesses operating within the UK.
 

    Zempler Bank, formerly known as Cashplus, offers a range of digital banking services tailored for UK-based businesses. Their accounts
    provide essential banking features like contactless cards, seamless payments, and easy transfers. For growing businesses, Zempler
    offers additional benefits like cashback on card spending and the ability to manage multiple payments with ease. Their premium
    accounts come with added advantages, including interest-earning savings and tools to help manage business finances more effectively.
    Zempler also integrates useful features such as digital receipts and accounting tools, making it a comprehensive solution for businesses
    looking for an easy-to-use digital banking platform. Zempler Bank is available to both UK and Non-UK residents, making it an ideal
    choice for businesses operating internationally.


   
   
 

    ANNA Money offers a seamless blend of banking and financial management tools designed for small businesses and freelancers. Known
    for its user-friendly mobile app, ANNA provides services such as invoicing, expense tracking, and integrated bookkeeping, making it a
    comprehensive choice for handling daily financial tasks.

    With ANNA, businesses can open an account quickly and enjoy benefits like fee-free banking for essential transactions and unlimited
    GBP transfers. Its smart financial tools help businesses manage cash flow efficiently, while the app’s real-time notifications keep you
    updated on your finances.

    Ideal for entrepreneurs seeking simplicity and efficiency, ANNA combines modern banking with tools that reduce administrative
    hassles, allowing you to focus on growing your business. Whether you're based in the UK or managing international operations, ANNA's
    intuitive platform offers flexibility and support tailored to your needs.

 

Choosing the right banking partner is essential for the success and growth of your business. UK-based banks offer a variety of features tailored to meet the unique needs of local entrepreneurs, from seamless account management to tools for efficient financial tracking. With options that cater to businesses of all sizes, UK residents can access reliable, secure, and innovative banking solutions designed to simplify operations and enhance productivity. Selecting a bank that aligns with your business goals ensures you stay focused on what truly matters—growing your venture.

Prefer to order by telephone

If you are not confident in completing your new company order online - call our friendly team and we will complete your order by telephone

Business Banking For UK Residents

  • Banking portal enables you to make payments and transfers, manage your regular payments, and eventually manage your business account.

  • With Barclays enjoy free banking for 12 months and many other discounts, no monthly charges ,no maintenance fees nothing.

  • Pay less for longer banking.The longer you keep banking with, you reap more benefits for better bonding.

  • Phone banking for all banking needs with a dedicated account manager ready to help you with your banking needs.

  • For instant payment on the go and easy bank transfers, you can pay using your mobile banking app.

  • Enables you to do day-to-day banking, protect your information with text message alerts to prevent fraud.

  • Online Banking across the globe, supports your business expansion internationally to manage your transaction and banking needs with enhanced secured digitalised banking system which saves your time, helps you to track your business with customised control system.

  • Customer support for your international trading operations, get a dedicated sector-specific relationship manager to support your company in minimising financial risk, grabbing opportunities, and overcoming challenges.

  • Manage your cash flow efficiently with tools for invoicing, expense tracking, and budgeting.
  • Make local and international payments at competitive rates, supporting your global business needs.
  • Gain financial insights with detailed transaction tracking and analytics, empowering better decision-making.
  • Secure and easy-to-use platforms ensure your business banking experience is hassle-free.

Additional Services

Legalizing a variety of Company documents that can serve as evidence of the organization's authenticity to conduct business in the United Kingdom. .. Read More

We file all the important details of your company and submit the statement on time to the Company House so that you can seamlessly operate your business. .. Read More

We apply for dissolution to Companies House to strike it off the register of companies.Once the dissolution process is over, the company no longer exists. .. Read More

Companies House issues a certificate of good standing if one is needed. The certificate confirms that your company or liability partnership has met all its statutory needs at the date of issue. .. Read More

At Formationshunt, our team of professionals can help you change your company name with ease.We complete all the formalities and paper works with Companies House and HMRC to get your company name changed within 24-72 hrs. depending on companies house workload. .. Read More

Handle your dormant company’s accounts and file your annual confirmation statement with our professional team. .. Read More

For clients who wish to add or remove directors, our team of professionals provides services that includes the filing of Companies House papers and all other paperwork required to keep your business records current and compliant. .. Read More

At Formationhunt, you can avail of the best full company secretary service that includes a company secretary and a dedicated and efficient account manager who will take care of the entire statutory registers .. Read More

The issue of shares is basically a process where the companies create a new type of shares to pass on to shareholders no matter whether they are new or existing shareholders. .. Read More

Shares of a limited company can be transferred or sold in the same manner as we do for properties.If you wish to transfer shares from one shareholder to another,our experienced team of professionals will help you do that with complaince. .. Read More

Undoubtedly, Email plays an important role in our regular life. For that, we have a tendency of using Google or Yahoo as the key email service providers on a daily basis. However, once it involves businesses, the necessity is completely different and big. .. Read More

We will manage the task of preparing the required VAT registration documents and submit them to HMRC on your behalf. Once HMRC accepts your application, you will receive your VAT Registration Number. .. Read More

If you are planning to take a salary yourself, or want to pay an employee whose salary is more than £675/month and in the next 4 weeks, you’ll have to register as an employer with HMRC. .. Read More

After the Company registration process is completed, we help you register with the UK data protection act 2018, which is focused on the implementation of the General Data Protection Regulation commonly known as “GDPR. .. Read More

We have compiled a set of legal compliance documents to make things easier for you and to save you money on legal fees.We created this legal document template to assist you in complying with English and EU laws, including the GDPR. .. Read More

After you form a company with us,to make it easier for you,we introduce you to Cashplus for a business current account. You can open a Cashplus account online without going to a bank or getting your credit checked thanks to the paperless account opening procedure. .. Read More

We help you sign-up with a free Wise buisness account to help you transfer money anywhere accross the world.This is best suited for Non-UK clients who wants to transfer money across the globe in multiple currencies. .. Read More

Be a Property Management Company to trade, live or rent out your unit of the property. .. Read More

With an RTM company, the people living in the building get to decide how things are managed .. Read More

Useful Business Services
you might need

Go to our

Next package to find what’s missing

Non UK Resident Package

Our idea is to help our non-UK clients set up their businesses effortlessly and without any hassle. Thus, we provide them with a range of services to ensure a streamlined working experience with us.

Call Us:

020 3002 0032

Take a look at our
Full secretary services £149.99

At Formationhunt, you can avail of the best full company secretary service that includes a company secretary and a dedicated and efficient account manager who will take care of the entire statutory registers, make changes in the company as per your instructions and prepare and file company’s confirmation statement.

Need a
little help?

We love talking to you when it comes to creating something new. We want you to remember us always, let’s be good for good and for a good reason. Reach us through your voice or writing.

Client Reviews

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    Adrian was so helpful, was worried to make mistake setting up the company, he was patient, and really helped me. feel confident now. thank you, you are a gem

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    Réactivité, efficacité et sérieux J'ai été surpris par la réactivité de cette société et son efficacité pour traiter mon dossier. Je la recommande à tous ceux qui recherchent un partenaire fiable et... Read More

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    Director, Naturawood-Ecothec Ltd

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    Superb and clear user interface for… Superb and clear user interface for company formation data entry via the website. Easy layout. Great support and assistance from Adrian as well via whatsapp. Woul... Read More

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    Director, Monster Resources Limited

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    I recently had the pleasure of working… I recently had the pleasure of working with FormationsHunt for the incorporation of our organization, and I must say, the experience has been outstanding! From... Read More

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    Director, Glance Cyber Technologies Limited

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    Is kindly and good answer for me .thank… Is kindly and good answer for me .thank for the answering.

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    Adrian was very helpfull and patient… Adrian was very helpfull and patient responding all my questions.

    hossein abdolmaleki

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    Wonderful Service Adrian was very friendly and helpful. He helped me from the start of the process till I was ready to submit.

    Njideka Okafor

    Director, Goztech Limited

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    Seamless UK Company Formation for Non-Residents! Formationshunt Ltd made setting up my UK company as a non-resident quick and easy. Their team was professional, knowledgeable, and responsive, guiding... Read More

    Foysal Hossain

    Director, Perfee LTD

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    Incredible Support and 12h Company opening I contacted numerous companies as a foreigner, but Formationshunt.co.uk provided the fastest and most helpful responses via WhatsApp. I completed the requis... Read More

    Tuna Başkan

    Director, TheDeskworld LTD

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    Polite and fast

    Space man

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