Business bank accounts for discharged bankrupts, available with guaranteed acceptance and no credit check.
If you have applied to any of the high street banks for a business bank accounts for discharged bankrupts you will know it is something they simply won’t accept.
As such you will need to consider what other options will be available that will allow you to trade and operate your UK business.
With the high street banks declining applications, your best options to look at will be those who offer a business account without the need of a credit check.
If there is no credit on the account then often a credit check is not required.
There is currently a number of possible options that will offer business bank accounts for discharged bankrupts as long as they can provide all the necessary identification documents.
What documents will be required for the application process?
The documents required would normally be things like a valid passport or photographic ID, like a driving license or identity card.
Also proof of where you live would be required, which could include things like a copy of your personal bank statement, current utility bill (so gas, electric or water) even a credit card or mortgage statement.
This helps to prove where you reside and is a very important requirement.
If you do not have any bills or things like this in your name it is well worth considering getting one or two switched over in order to fullfill this requirement.
This will not only apply to those apply for a business bank accounts for discharged bankrupts, but indeed any business bank account.
There was once a time when anyone who had gone through the process of bankruptcy would never be able to obtain business banking,.
This is no longer the case and business accounts are now more readily available for discharged bankrupts.
Often with these sorts of alternative business facilities, your account will be opened much quicker, no appointment would be necessary and they often provide all the functionality of a mainstream bank too.
We are always happy to help advise, so you can call us on 020 3286 3929 or Apply Online here and our system will help you find or select an account that we know will accept your application.