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Eligibility criteria

Our Business Current Account has been created for start-ups and switchers that:

  • have an annual turnover of less than £6.5m
  • are based and operate in the UK (excluding Channel Islands, Isle of Man & Northern Ireland)
  • have owners, directors, senior management and account signatories over 18 years old
  • are not currently bankrupt
  • don't have any individuals who have been disqualified as a company director

This account isn't designed for

Additional eligibility criteria

It's also not suitable for businesses that:

  • Operate in or Trade with Crimea (Ukrainian territory), Iran, North Korea or Syria
  • Have bearer shares within their ownership structure
  • Are a shell bank
  • Undertake money services business as a primary or secondary business activity (e.g. bureau de change, money transmitters and cheque encashment agencies)
  • Are a Medicinal Cannabis related business
  • Are an unregistered high value dealer
  • That have nominees shareholders within their business structure
  • Are known or suspected of money laundering or tax evasion
Back I agree the business is eligible