How long does it take to setup a UK bank account?

We advise around two months from start to finish.

Opening a bank account in the UK is seamless for our clients – we complete all the form filling, introduce you to the appropriate bank and begin the conversations with the Relationship Manager.

We know that two months will most likely hinder your traction, so we open a temporary bank account for you in the interim, until your real account is operational.

Most overseas companies trading or beginning to trade in the UK will require a UK bank account to conduct business. It is not a legal requirement to have a UK based bank account to trade in the UK. For practical reasons it makes sense to have a locally domiciled account. Setting up a UK bank account for overseas owned companies can be very onerous and frustrating when you try and handle the process yourself, without prior experience of the UK banking regime.

For more information please visit www.paulbeare.com or email Paul directly on: [email protected].