Our business current accounts Our brand-new business current account. Enjoy free day-to-day digital banking and no monthly fee when you open or switch to this account.
What banks are accepting new business accounts?
- Wells Fargo: Best for Branch Accessibility.
- Chase: Best for Small Business Credit Cards.
- Capital One: Best for High Volume Deposits and Monthly Transactions.
- NBKC: Best for Online, Low-Fee Checking and Savings Accounts.
- Axos Bank: Best for High-Yield Accounts.
- BlueVine: Best for Digital, Free Business Checking.
What is the best bank account for small business UK?
Bank Eligibility
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RBS Business account For businesses that have been trading for over 12 months
RBS Start-up account For businesses with turnover of less than £1m
Santander 1I2I3 Trading for less than 12 months and business is opening first business account with Santander
Can I use my private bank account for business?
You may be able to use a personal bank account for your business if it is a sole proprietorship. In a sole proprietorship, you and your business are legally one and the same. That entity needs its own bank account to maintain legal separation between owner and business, protecting the owner from legal liability.
Which bank is behind Virgin Money?
As well as being proudly part of the global Virgin brand and network, Virgin Money is 100% owned by the Bank of Queensland (BOQ) Group.
What is happening with Virgin Money?
Virgin Money to resume branch closures Virgin Money will restart its shake-up in August, shutting 22 branches and merging 30 more into nearby sites, as well as rebranding all Clydesdale Bank and Yorkshire Bank branches under the Virgin Money banner.
Is Yorkshire Bank now called Virgin Money?
Yorkshire Bank has joined forces with Virgin Money to become one bigger, better and brighter bank. Virgin Money teamed up with Yorkshire Bank and Clydesdale Bank back in October 2018. Our branch network all across the UK will be getting a Virgin Money makeover.
Is Northern Rock now Virgin Money?
The combined business now operates under the Virgin Money brand. On 12 October 2012 Northern Rock plc was renamed Virgin Money plc, and Virgin Money Limited was renamed Northern Rock Limited.
Does Virgin Money have an email address?
In person: Visit a Virgin Money Store. By email to: You can contact us by email at customerrelations@virginmoney.com.
Does Virgin Money still exist?
Virgin Money is a banking and financial services brand operating in the United Kingdom. The Virgin Money brand was founded by Richard Branson in March 1995. Virgin Money was merged into Clydesdale Bank plc on 21 October 2019, continuing as a trading name and operating under Clydesdale Bank plc's banking licence.
How do I close my Virgin Money savings account?
You can fill in this form to close your account. Please use BLOCK CAPITALS and BLACK ink throughout. If you have any questions, please call us on 0345 600 6103* or visit a Virgin Money Store. Please tell us how you would like your closing balance paid to you.
What is the best bank for small business UK?
- Lloyds Bank (57 per cent)
- Yorkshire Bank (55 per cent)
- Bank of Scotland (53 per cent)
- Clydesdale Bank (53 per cent)
- HSBC UK (52 per cent)
- TSB (48 per cent)
- The Co-operative Bank (48 per cent)
- Royal Bank of Scotland (47 per cent)
What type of account is best for small business?
Which UK banks offer free business banking?
Bank Introductory offer
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Lloyd's Business Current Account 18 months free business banking.
Santander Start-Up Business Account Free day-to-day transactions for up to 18 months.
Natwest Start-Up Business Account 18 months free business banking.