You can open a UK Business bank account for a German resident often without the need to travel to the UK.
There are a number of options if you wish to open a UK Business bank account for a German resident.
Whilst it can be difficult to open a high street bank, there are some excellent alternatives available.
All business accounts available be fully FCA authorised and provide all the key features required to run your business.
With No UK visit required, it makes the application process very quick and considerably easier than before.
Why won’t a high street bank open a UK Business bank account for a German resident?
The main reason is that it carries higher risks offering business banking to non UK residents.
As such, even if you travel here they may well still decline your application.
It has been know that if you deposit a large amount of funds in to the account they may consider it.
However in almost every circumstance, it is not necessary to have a high street bank provide the account facilities.
What facilities can you expect to get with an alternative business bank account?
In every instance you will have a UK sort-code & account number – essential for all UK faster payments
Online and mobile banking is also standard, meaning you can manage your account even if you are a German resident.
Direct debit and standing order facilities are also generally available, allowing you to make regular or variable payments direct from your account.
Need a multi-currency account too to transfer money back home? That is normally available too!
With no UK visit required, often the account can be opened within days, unlike a high street bank which could take weeks.
With no minimum contracts, these business accounts also offer full flexibility.
Bank debit cards are often also available, however some providers may restrict those to UK only residents.
Conclusion: Whilst it can be a challenge to open a UK Business bank account for a German resident, there are options available that will work perfectly well for your business.
So whilst not with a high street bank, they will offer all the key features required to make & receive your UK GBP payments.
For more details about what is available to you, please telephone us on +44 20 32 86 39 29 or Apply Online and we will get back to you.