Opening a business bank account can be difficult for many of those currently living and operating abroad. Every new bank–customer relationship must now evidence compliance with both legal and reputational regulations.
For business owners, this now means they must provide both complete details of ownership and sources of wealth. On top of this, each bank has different risk thresholds and customer application processes. These new changes have made setting up a business bank account in the UK a much more complex challenge in recent years.
How we can help you open a UK business bank account
We are specialists in reducing the risks involved with international investment projects. We have an extensive network of contacts to help set up and open a business bank account for our clients, as quickly as possible.
We also provide overseas businesses with a comprehensive advisory service to help with their initial launch in the UK which goes beyond opening a business bank account. We work with clients on setting up the appropriate corporate structures, providing company secretarial services and corporate governance support, dealing with employment and immigration matters, as well as helping businesses to invest in, acquire, lease, develop or refit commercial property.
We provide the following services to help support businesses through bank account applications:
- Provide a UK business banking solution within 5 business days
- Review UK commercial/ business banking applications
- Match and introduce you to a full business bank account UK provider
- Provide ongoing support throughout the entire process of setting up your business bank account
- Review your business case if required
- Serve as your UK Resident Account Signatory
- Serve as your UK Non-Executive Director
- Verify/ notarise documents
- Translate documents
Without International Investment Services’ involvement we would still be struggling to find a bank.
We help clients to efficiently navigate the process of setting-up and opening a UK business bank account. Additionally, our services help to minimise the risk of disruption when funds flow from customers to your business and onto your shareholders and suppliers.
Who do we help with opening UK business bank accounts?
We help organisations looking to invest in the UK and elsewhere by finding the right location, people, funding and infrastructure.
We had been trying for over 8 months to get a UK business bank account. We met IIS and within 3 days we had a business account and a bank application underway.