🇬🇧 United Kingdom · Business Banking

Opening business accounts, remote banking options, required documents, and fees.

Banks are regulated by the Prudential Regulation Authority (Bank of England) and the Financial Conduct Authority (FCA); eligible deposits are protected by the FSCS. A company needs incorporation documents to open an account.

  • Eligible deposits are protected by the Financial Services Compensation Scheme (FSCS) up to the standard limit.
  • Opening a business account generally requires incorporation documents and director ID.
  • The FCA authorises banks, e-money and payment institutions.

Official authorities

Official-information aggregation, not legal advice. Always verify on the authority's own site.

Government portals

This topic in other countries

← Back to United Kingdom