Explore the best business bank accounts for non-UK residents.
Best Business Bank Account for Non-UK Residents
Best Business Bank Account for Non-UK Residents: FAQs
Can a Non-UK Resident Open a Business Bank Account?
If you’re not a UK resident, your business needs to be registered with the UK Companies House to open a business bank account, which you can do even if you don’t reside in the UK. To register your company, you only need a UK-registered office address, which could be a friend’s or family’s address, or you can use a virtual office address. Once your business is a Limited Company, opening a business bank account is much easier.
What is the Best Business Account for Non-Residents?
The Revolut Business Account is at the top of our list of best business bank accounts for non-UK residents, making cross-border transactions effortless. There are no monthly or transfer fees; you can manage your business account online or via the Revolut app. You do not need to be a UK resident to open a business bank account, but your company does need to be registered in the EEA or Switzerland.
Can a Business Be Refused for a Business Bank Account?
To open a UK business bank account, you must reside in the UK and have a registered company. Various bank providers may reject your application if you’re not a Limited Company. Always compare business accounts and check requirements before applying to save time and avoid potential rejection.
Do UK High Street Banks Accept Non-Residents?
If you’re not a UK resident, you may find it too hard to open a UK bank account, as most banks require proof of address that shows you’ve been living in the UK for at least three years. However, there are digital-only banks that work much like the traditional bank that will accept non-residents, and some won’t need you to provide a UK address.
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