Opening a Business Banking Current Account

We’re only supporting existing Santander customers who want to open new business accounts. If you’re new to Santander, you may want to browse our range of personal bank accounts

To see if you're eligible to open a Business Current Account, you need to answer 'yes' to the points below:

1. Be an existing Santander customer. 
2. Be a UK-registered business. 
3. Have proof of identity and proof of UK address. This is for everyone involved in opening the business account. 

 Please complete the below questions. This is to see if you can book a telephone appointment to speak to us. 

Please provide one document of personal ID from both lists 1 and 2 below. This is applicable for all entities. 

Please provide one document from list 3. (This is if the trading address is different from the personal residential address).

Proof of ID:

  • Passport – UK/Irish. Must be in date and signed 
  • Passport – Non-UK/Non-Irish with valid right to remain such as Biometric Residence Permit, settled or pre-settled status or a valid Visa. Visitor Visa is not acceptable.
  • Full or provisional UK photocard driving licence. Must be in date. 
  • National ID Card/Citizen Photocard EU/EEA/Swiss with valid right to remain such Biometric Residence Permit, settled or pre-settled status or a valid Visa. Visitor Visa is not acceptable. 
  • Biometric Residence Permit issued by the UK Home Office. Must be in date

Proof of Address:

  • Full or provisional UK photocard driving licence. Must be in date. 
  • UK paper driving licence. Must be in date. 
  • Notification of entitlement to UK state pension or government benefits. Must be the most recent and less than 12 months old.
  • Bank, building society, credit card or credit union or mortgage statement. Must be most recent and less than 3 months old, except annual statement which must be less than 12 months old. 
  • Utility bills (not mobile phone or TV licence) Must be most recent and less than 3 months old, except annual statement which must be less than 12 months old. 
  • Annual council tax bill. Must be the most recent and from the current tax year. 
  • HMRC correspondence including name, address and permanent NI number. Must be less than 12 months old.

Proof of Trading Address:

  • Business current account or Business credit card statement addressed to the business at the trading address less than three months old
  • Utility bill addressed to the business at the trading address less than three months old
  • Signed lease agreement addressed to the business at the trading address must be within the date range covered within the lease agreement
  • Registration documents from supervisory body confirming the trading address e.g FCA, Solicitors Regulation Authority, etc.
  • Unexpired trading licence issued by a local government authority e.g. taxi licence, premises licence etc.

We’ll also need additional information about your business in support of an application.

What we need to know about your business: 

  • Business name, start date and proof of your current trading address. 
  • Please also provide 3 years trading address history (if applicable). 
  • A detailed description of what your business does. 
  • Anticipated annual turnover for the next 12 months and number of employees. 
  • Details of your income from the business and any other income sources you may have. 
  • If you’re switching from another bank - the last statement including your sort code and account number. We also require annual accounts for established businesses. 
  • If you are VAT Registered, your VAT Number.

 

Santander

Good news, your business account appointment is in the diary

So, what do you need for it?

First off, we’ll ask you for these
•    Business name
•    Business description
•    Business start date
•    Number of employees

Then if you could have these with you
•    Anticipated turnover for the next 12 months
•    Details of income and expenditure
•    Passport or driving licence
•    Council tax bill, bank statement or utility bill

Oh, and have these to hand too
•    Proof of current trading address (e.g. utility bill)
•    3 years’ trading address history (or as long as the business has existed if less)

A utility bill is only acceptable proof of current trading address if it’s addressed to the business at the trading address, and less than three months old.

That’s it
Time to sit back and take a breather

Unless you fancy finding out more about services and support we offer
•    Accepting card payments
•    Business insurance
•    Comparison services
•    Business coaching 
•    HR services

www.santander.co.uk/business/business-support

Just let us know during your appointment

Look forward to speaking with you soon

Preparing for success.
It Starts Here.

For more info visit
www.santander.co.uk/business/business-support

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