Who can open a Business Savings Account?

POSTED: 18th October 2017
IN: Business Savings FAQs

To be eligible to open a Business Savings Account, you must:
- Be a Limited Company, Limited Partnership, Limited Liability Partnership, Partnership or Sole Trader.

- Be a UK-based business, where all directors, owners and account users are aged 18 or over, resident in the UK and only liable to pay tax in the UK.

- Have a business bank account that allows transfers to be made and received electronically. This account will be known as your nominated account and you will need to provide us with your sort code and account number.

- Own a mobile phone that can receive text messages. This is how Aldermore will send you your account password and without it you will be unable to log into your account.

We do not accept client money, nor do we provide accounts to be held in Trust.

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