The reams of small print that comes with your personal bank account will usually say Best business bank accounts – which should I go for? Allied Irish Bank (45 per cent). You could get your business up and running with one of these bank accounts for just a small monthly fee. Compare accounts and find the.

Best small business banks uk -

Of course, a small handful of digital banking platforms have appeared in recent years. The bank currently has no branches outside Scotland. Website: NatWest business bank account website. No monthly or annual fees Free card usage both at home and abroad Free transfers to Tide members Fast set up of bank accounts Designed with growing businesses and freelancers in mind Instant credit Manage your cards on the Tide app Interactive banking with your accounting software Create and pay invoices through the app Tide promote themselves as not being a bank and that they offer a modern approach to business banking through their easy to access business banking app and speedy setup. Technically speaking sole traders often do not need business bank accounts as they can use their personal ones. Plus, having one might make you eligible for business loans. Their business bank accounts offer many features including being able to link it directly with your bookkeeping software or set up automatic monthly exports.