How long does it take to open a business bank account?

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Afternoon - we need to set up a business bank account for our our new limited company. But we’re trying to get trading as soon as we possibly can. Do you know how long it normally takes to get a business bank account open and working?

Answers

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It really just depends on the bank. Some accounts can be fast-tracked and opening within a couple of days, whilst others take one or two weeks.

In most instances, the quickest way to get open a new business bank account is to visit a branch and apply in person. That way you can get everything signed and processed immediately, rather than having to send documents by post.

You will need to provide your company formation documents as well as photographic ID and proof of address for each account signatory, so remember to have all of these things ready before making an appointment.

a year ago
 

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