Compare our best business bank account offers

You could open one in minutes if you apply online or in a branch, but it could take longer if the bank needs more documents or have to run any checks.

You can have more than one business current account but you will have to apply for the new account in the same way you did for the first.

If you are a sole trader or your business is a partnership, your bank may let you. Incorporated and limited companies can only use business accounts.

Most accounts have a minimum and maximum balance set by the bank. You may be charged a fee if your balance gets too low or high.

Yes. It's definitely possible to get a business bank account if you have bad credit, the only draw back is that your options may be limited. It may also mean that you'll be likely to be accepted for a more basic business account.

Yes. But it's likely that you'll be charged a fee for non-sterling or foreign currency transactions. These fees can vary depending on which bank you use.

In some cases, if you have premium business bank account with a high monthly fee, international payments can be included as part of your account.

Yes. Just like other accounts, business bank accounts are covered by the FSCS up to £85,000 per banking license. But be aware that sometimes different banks often operate under a single share banking license e.g. Halifax and Bank of Scotland, as they are both owned by the Lloyds Banking Group.

Our comparison tables include providers we have commercial arrangements with. The number of listings in our tables can vary depending on the terms of those arrangements, as well as other market developments. They are all from lenders regulated by the Financial Conduct Authority (FCA). Here is more information about How our website works.

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You do not pay any extra and the deal you get is not affected.