Can a new business open a business bank account?

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Hello

I have just set up a new limited company. I have no previous track record in business. Will I be able to set up a business bank account without any proven experience running a company?

Thank you

Answers

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Any type of new or existing business can open a bank account. Each bank has certain criteria that must be met, so there may be some accounts you are not able to apply for, but there is always be a suitable account for every business.

You should enquire with your own bank, but also take a look at what else is on offer from other banks - this comparison site would be a good start to find out what accounts are available.

a year ago
 

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