How do I open a business banking account?
As a digital-first bank purpose-built for business Britain, we have made the process as simple as possible.
To open your business bank account, click here.
How long does it take to open a bank account?
Domestic UK non-regulated businesses can open an account in as little as 20 minutes.
Domestic UK regulated businesses, such as those regulated by the FCA and/or PRA, can open an account in as little as 72 hours.
Non-UK businesses, or companies that have more complex ownership structures, can expect a decision within five working days.
What ID will I need to open a bank account with The Bank of London?
As part of our onboarding process, we’ll need some basic information about your company, its directors, shareholders and its ownership structure. We will also need to verify the identity of the person opening the account on behalf of the company and the identities of all your company directors.
We’ll be able to verify identities in real-time using most European National ID cards, UK and international driving licences and passports from over 172 countries.