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📞 +44 (0)203 490 41 21

Open a bank account in UK

UK banks

The British banking system is traditionally one of the most stable and reliable in the world. That’s why a bank account in the UK is so popular among both individual and corporate clients.

Like in many other countries British banks are of two main types; large retail banks and private banks. We work with most retail banks such as Lloyds, HSBC, Barclays, Metro, RBS, etc., as well as private banks such as Coutts, EFG Bank and others.

For corporate clients

Normally, UK retail banks are the ones to work with legal entities; they are willing to provide account service first year or two years free of charge, a wide functionality of online systems and a variety of services for their business and corporate clients.

At the same time retail banks have the toughest account opening requirements. One of the most common problems is that retail banks prefer to reject non-UK residents at the application review stage, though officially there is no direct restriction for that. It doesn’t mean it can’t be done but every case requires an individual approach.

We help to prepare all the required documents, present you and your business to a bank manager and support you during the whole process.

Private banks do not work with legal entities as often as retail banks and usually they are more focused on personal banking, providing corporate banking as an additional service.

We will only help a UK registered company to open a UK bank account if we sign an Imperial package.

For individuals

Based on your individual needs we will be able to recommend a bank most suitable for you. It can be both a retail bank for day-to-day simple operations or a private bank for a wider range of services or VIP services.

Private banks cannot offer the same wide range of their services, unlike the retail ones, but they are ready to review and assess their potential clients less formally, e.g. the country of your residence is not the key factor for them. At the same time, as private banks are more focused on personal banking, corporate banking usually comes as an additional service.

European banks

In some cases, when it’s not possible or preferable to open a bank account in the UK, we can offer a bank account in a European bank in countries like Austria, Lichtenstein, Czech, Latvia, Estonia, Cyprus and others.

For corporate clients

Though the countries listed above are in the EU, their bank requirements significantly differ from those in the UK, and in many cases opening an account in those countries are much easier than in the UK. And in some cases, for example for offshore companies, it’s almost the only option. Besides, if you use nominees in your UK company, but want to manage your account yourself, European banks are a preferred solution.

European banks are more expensive but they have several benefits:

  • working with offshore companies
  • working with various currencies, including Rubles, and issuing bank cards in those currencies
  • user-friendly online systems
  • meeting potential clients almost in any CIS country; it means you don’t have to go anywhere
  • opening an account in 24 hours
  • having knowledge about CIS markets

For IT companies registered in main jurisdictions, we can offer special solutions that will let them significantly improve their services and simplify their work.

For individuals

European banks provide very flexible and loyal terms and conditions for their clients:

  • signing account opening documents in all capitals in all CIS countries
  • opening an account in 24 hours
  • personal account manager
  • issuing multi-currency cards, including in USD, rubles, Euro, etc.
  • attractive investment offers

В зависимости от индивидуальных требований каждого клиента наши специалисты смогут порекомендовать необходимый банк и помогут с подготовкой и подбором необходимых документов.

To discuss your requirements, please contact our specialists or call us on +44 (0)203 490 41 21.

+44 (0)203 490 41 21

115 Baker Street
London, W1U 6RT