Receive 12 months free business banking*
Business Tax Centre has partnered with Barclays Bank to offer a simple company formation and express business bank account service. As well as completing the formation of your new company, we will also help you to apply for a business bank account: an essential service for any new company registration.
It makes sense to have a business bank account with your new limited company as you will not be able to pay in cheques made out to a limited company into a personal account.
Barclays are a great choice for your new business bank account for your new company because they can offer everything you would expect from an established high street bank:
By selecting Barclays during your new company formation on our website, you can save time and effort, and focus on getting your new company up and running.
As soon as your company is incorporated and accepted by Companies House (usually within 24 hours, often much sooner), your details will be sent via a secure link to Barclays. A member of Barclays new registrations team will then contact you within 48 hours to arrange an initial account opening meeting with your dedicated Business Manager.
As well as the key benefits listed above, Barclays also offers a lot more than the basics, and that's why we recommend Barclays to all our new business clients. Barclays Business Bank customers also benefit from:
The Barclays Business Banking telephone team aims to resolve every query immediately. If this is not possible, Barclays will give you a named point of contact who’ll take personal responsibility for resolving your query. You will be kept fully informed throughout the process.
Sorry, but if you are not resident in the UK, we cannot offer you a bank account under this scheme.
*There is no charge for standard transactions for 12 months (‘Initial free banking period’) from opening our Barclays Business current account. Standard transactions include most payments out (debits) and payments in (credits). Automated transactions through telephone/internet banking are included, as are cheque transactions, cash handling and paper/online statement services. There are charges for non-standard transactions, such as audit letters, returned/stopped cheques, international payments and duplicate statements. See a full list of standard and non-standard transactions.
SmartSearch, (we are a certified partner of SmartSearch) is the most powerful anti-money laundering verification service available in the market today.
Unique features include alerts when Sanction, PEP or SIP matches are encountered; also included is ongoing monitoring of all client records against future alerts.
Identity Verification reports, Pay-As-You-Go, no contracts,
Open an account and invoiced on a monthly basis for actual usage with 21 days payment terms.