Top 45 Startup & New Business Bank Accounts

If you’re setting up a new business or startup, there’s a lot of exciting and challenging stuff ahead. A business bank account is essential, and choosing the right one will help you make smart financial decisions and stay organised.

These current and savings accounts will give your new business the best start, and they’re all open to young businesses that meet their application criteria.

Featured: Starling Bank*

• No monthly account fee, just pay for the transactions.
• Manage your account 24/7 using the app.
• UK-based support is available 24/7.
• Receive account notifications.
• Make deposits at Post Offices.
• Insights into your profit and loss and outgoings.
• Integrate with accounting software such as FreeAgent and Xero.
• Overdrafts may be offered up to £150,000 depending on your status.
• Fully regulated bank protected by FSCS
• Best British Bank, Best Banking App, Best Current Account Provider & Best Business Banking Provider at the British Bank Awards 2021.

Website: Starling Bank Business Banking
Read the full Starling Bank Business Bank Account review.

Companies are ranked in no particular order.

Note data comes from each company’s website and was last updated in October 2021.

1. Tide

• Offers a Free account with transaction fees.
• Plus account costs £9.99 per month and provides enhanced support and benefits.
• Cashback account costs £49.99 per month which includes cashback and dedicated account manager.
• Online business bank you can access 24/7 through the mobile app, or on desktop.
• Includes business card and process card payments for free.
• Integrates with accounting software including QuickBooks, Xero and Sage.
• Transfers charged at £0.20 and ATM withdrawals at £1.
• Apply online.
• Fast set up and receive account details in minutes.
• 4-star rating on Trustpilot.

Website: Tide Business Banking
Read the full Tide Business Account review.

2. NatWest

• New businesses get 18-months’ free business banking.
• 24/7 online and mobile banking.
• No minimum account charges, only pay for what you use.
• A quick application that takes as little as 10 minutes.
• Debit cards, credit cards and charge cards are
• Access to accounting software FreeAgent.
• Assistance provided through Business Builder, MentorDigital and their Local Enterprise Managers.
• Option to add Tyl, their payment solution.
• Overdraft facility is available subject to approval.
• Awarded ‘Best Banking App’ at the 2018 British Banking Awards.

Website: NatWest Business Banking
Read the full NatWest Business Account review.

3. HSBC

• 18 months’ free banking for new businesses.
• Two types of accounts are offered to startups.
• Small Business Banking Account for businesses with a turnover of up to £2,000,000.
• Kinetic Current Account for sole traders or sole director shareholder limited companies only.
• Can apply for an account in minutes.
• 24/7 online and mobile banking.
• Telephone banking is open from 8am to 10pm daily.
• Accounts cost £6.50 a month, but most account transactions are free for the first 24 months.
• Overdrafts are available subject to eligibility.
• Awarded a Moneyfacts 5-star rating for Business Current Account in 2017.

Website: HSBC Business Banking
Read the full HSBC Business Account review.

4. Lloyds Bank

• 12 months of free day-to-day banking for new businesses.
• Open to startups that are sole traders, partnerships and company directors.
• 24/7 online and mobile banking.
• Normal monthly fee of £7.
• Electronic payments are free to process.
• UK business management team to support you.
• Access Lloyds Bank Academy for free tools and webinars.
• Offers 3 months free access to Business Finance Assistant accountancy package.
• Also offers overdrafts, credit cards and loans.
• Awarded Moneyfacts Business Start-up Bank of the Year 2015 and Best Service from a Business Bank in 2020.

Website: Lloyds Bank Business Banking
Read the full Lloyds Bank Business Account review.

5. Metro Bank

• 24/7 phone, online and mobile banking.
• No monthly account fee and 30 free transactions if your balance stays at £6,000+.
• Monthly accounts fee of £6 a month if balance is below £6,000.
• UK transaction fees (after any free transactions) are £0.30.
• Debit cards are included, which can be used free throughout Europe.
• Apply online or in branch.
• Overdraft may be offered subject to eligibility.
• Branches only in the Midlands and South of England.
• Branches are open 7 days a week.
• Ranked 2nd in an independent regulatory survey of the 14 largest business banks.

Website: Metro Bank Business Banking
Read the full Metro Bank Business Account review.

6. Bank of Scotland

• 12 months’ free day-to-day banking for new businesses.
• Startup and small business account designed to help fledgling businesses.
• 24/7 online and mobile banking.
• £7 monthly account fee, which depends on your annual turnover.
• Process electronic payments for free on most accounts or at £0.37.
• Debit, credit, and charge cards are available.
• Support from the international team to help you expand overseas.
• Access to bespoke guides and reports.
• Open to sole traders, partners and company directors.
• Also offers overdrafts, loans and credit cards.

Website: Bank of Scotland Business Banking
Read the full Bank of Scotland Business Account review.

7. TSB

• Free for 25 months for new businesses and businesses switching.
• 24/7 online and mobile banking.
• £5 monthly fee, depending on what you need.
• Free electronic payments.
• Get free balance information and alerts by text.
• Export statements into your financial package.
• Manage your account and delegate tasks.
• Includes 1 year’s free expert business advice from Enterprise Nation and Funding Options.
• Apply online.
• Option to add an instant access savings account.

Website: TSB Business Banking
Read the full TSB Business Account review.

8. Santander

• New businesses pay £5 a month for 18 months.
• The normal fee is £12.50 per month.
• 24/7 online and mobile banking.
• Also bank in branch, over the phone and through the Post Office.
• £500 ATM withdrawal allowance per day.
• Earn up to £300 cashback each year.
• Overdrafts are available subject to status.
• Open to sole traders, partnerships, limited liability partnerships or private limited companies with less than 2 directors, owners or partners.
• Awarded Moneyfacts Best Business Current Account Provider of the Year 19 years in a row.
• Ranked 3rd in an independent regulatory survey of the 14 largest business banks.

Website: Santander Business Banking
Read the full Santander Business Account review.

9. Royal Bank of Scotland

• 24-months’ transaction free banking for new businesses trading for under a year.
• 24/7 phone, online, and mobile banking.
• No minimum monthly account fee after the free period, pay for transactions only.
• Apply online.
• Quick application process.
• Business credit card.
• Free accounting software called FreeAgent for invoices and expenses.
• Overdraft is available if needed and subject to approval.
• Accept payments online using Tyl.
• Be part of a business community with networking and access to experts.

Website: Royal Bank of Scotland Business Banking
Read the full Royal Bank of Scotland Business Account review.

10. Ulster Bank

• Transaction fee free banking for new startups for 18 months.
• 24/7 online and mobile banking.
• Your business must be registered in Northern Ireland.
• Includes a business Visa debit card.
• Cheque book
• International payments.
• Free accounting software called FreeAgent.
• Manage invoices, expenses and view real-time cashflow.
• Assists with tax returns that be submitted straight to HMRC.
• Can apply online.

Website: Ulster Bank Business Banking
Read the full Ulster Bank Business Account review.

11. Co-operative Bank

• New businesses get 30 months’ free everyday banking.
• Normally £7 monthly fee.
• No monthly fee or admin charges if your balance stays above £1,000 including automated debits, card payments and writing 30 cheques per month.
• 24/7 online and mobile banking.
• Deposit allowance of £2,ooo cash and 100 cheques for free.
• No charges for all automated credits and cash withdrawals.
• Also access merchant services.
• Apply online.
• Suitable for sole traders, partnerships and limited companies.
• Awarded Moneyfacts Best Service for a Business Account 2017-2020, and Best Charity Banking Provider 2016-2020.

Website: Co-operative Bank Business Banking
Read the full Co-operative Bank Business Account review.

12. Allied Irish Bank

• 24/7 online and mobile banking.
• Earn interest on your account balance.
• Deposits and withdrawals can be made at Post Offices.
• £10 quarterly account fee.
• A range of transaction fees apply.
• Automated lodgements at £0.35 and withdrawals at £0.55.
• Paying in cheques from £0.30.
• Cash deposits and withdrawals at £0.65 per £100.
• Business debit card.
• Overdraft facility is available subject to status.
• Call them to discuss your needs.

Website: Allied Irish Bank Business Banking
Read the full Allied Irish Bank Business Account review.

13. Barclays

• 12 months’ free banking for businesses in their first 12 months of trading.
• 24/7 online and mobile banking.
• Choice of plans after 12 months.
• Monthly account fees up to £8.50 after the first year.
• Mixed Payments Plan for electronic, cash and cheques.
• e-Payments Plan for those who mainly conduct business electronically.
• Make payments and pay in cheques through the app.
• Includes invoicing feature.
• Extra support for businesses exporting goods and working abroad.
• Business Moneyfacts Business Start-up Bank of the Year 2017-2021.

Website: Barclays Business Banking
Read the full Barclays Business Account review.

14. PayPal Debit

• Not a replacement for a business current account – purely for payments and transfers.
• Manage account 24/7 online and on the app.
• Basically a debit card connected to your business PayPal account.
• No monthly fee.
• Earn 0.5% cashback on purchases.
• No exchange fees on international purchases.
• Spend your PayPal balance both in person and online.
• Takes money in £5 amounts from your designated account to cover purchases.
• Daily transaction limit of £6,000 and £350 withdrawal limit.
• £1 cash withdrawal fee.

Website: PayPal Debit Business
Read the full PayPal Debit Business Account review.

15. Anna Bank

• Mobile business account, accessible on the app 24/7.
• Suitable for freelancers and creatives including startups.
• Free whilst you are starting up and your income is under £500 per month.
• It takes just 10 minutes to set up your account.
• Debit cards are available.
• Cashback on some debit card purchases at 1%.
• Provides invoicing functionality including creating, sending and chasing invoices.
• Schedule payments and bookkeeping features.
• Calculate tax and receive tax reminders.
• Paid plans cost £4.90-19.90 monthly fee, depending on your monthly income.

Website: Anna Business Banking
Read the full Anna Business Bank Account review.

16. Revolut Business

• Free version available with limited features.
• £7-100 monthly fee, depending on what your startup needs.
• Mobile business account, accessible online and on desktop 24/7.
• Trade in 30+ currencies with no fees.
• Includes virtual debit card.
• Manage and control expenses with company cards.
• Integrate with apps like Slack, Xero and Zapier.
• Receive notification alerts.
• View real-time spend.
• Also offers overdrafts and loans subject to status.

Website: Revolut Business Banking
Read the full Revolut Business Bank Account review.

17. CardOneMoney

• 24/7 online and mobile banking.
• Includes UK-based account manager who you can contact during business hours.
• £12.50 monthly fee.
• £55 application fee.
• Pre-paid Mastercard available for up 5 people.
• No charges for spending with your card.
• Receive text notifications.
• Ability to add people to your account at £5 per person.
• Suitable for sole traders, partnerships and limited companies.
• Best Business Card Programme 2014 at the Card and Payments Awards.

Website: CardOneMoney Business Banking
Read the full CardOneMoney Business Bank Account review.

18. Fair Everywhere

• £12.50 monthly account fee.
• Manage your account 24/7 using the app.
• Make and receive payments from 210 countries.
• Includes international MasterCard
• Separate currency wallets for euros, dollars, and sterling.
• Allows you to make payments in local currencies at competitive rates.
• 8% cashback from over 50 UK high street retailers.
• Integrate with accounting software such as Xero, QuickBooks and Sage.
• UK-based phone and online support available Monday-Friday plus live chat on Saturdays.
• Allows you to send and receive £100,000 each month.

Website: Fair Everywhere Business Banking
Read the full Fair Everywhere Business Bank Account review.

19. Countingup

• Free account available for businesses depositing £500 or less each month.
• Offers a 3 month free trial.
• £4.95-£9.95 a month, depending on how much you deposit.
• Manage your account 24/7 using the app.
• Open an account in just 5 minutes.
• Contactless Mastercard.
• Accounting software
• Includes bookkeeping and tax admin features.
• Suitable for freelancers, contractors and limited companies.
• Rated excellent on Trustpilot.

Website: Countingup Business Banking
Read the full Countingup Business Bank Account review.

20. Coconut

• £3.60-12 per month account fee depending on the plan.
• Manage your account 24/7 using the app.
• Sync your current account with your accounting software.
• Can connect to over 25 banks and credit card providers.
• Monitor your finances in real-time.
• Includes invoice facility.
• Expense management to categorise and organise them automatically.
• Helps sole traders to produce tax estimations.
• Provides smart bookkeeping tools.
• Share access with your accountant.

Website: Coconut Business Banking
Read the full Coconut Business Bank Account review.

21. Cashplus

• £69 per year account fee, plus other charges based on what you use.
• Manage your account 24/7 on mobile and desktop.
• UK-based support team.
• Offers contactless Mastercard and expense cards.
• No charges on card purchases.
• Allows 3 electronic payments each month then £0.99 each.
• Integrate with your accounting software.
• Apply online in 4 minutes.
• Provides account details straightaway.
• Suitable for sole traders, partnerships and limited companies.

Website: Cashplus Website
Read the full Cashplus Business Current Account review.

22. Aldermore

• Business savings account only, no current account.
• Fixed-rate and easy access savings accounts available.
• Earn 0.5-0.85% AER.
• Fixed terms of 6 or 12 months.
• Open to all businesses in the UK including sole traders and startups.
• Real-time interest rate information.
• Suitable for small to medium-sized businesses.
• Also offers business finance products.
• Rated ‘Excellent’ by Business Moneyfacts.
• Average independent review score of 4.7 out of 5.

Website: Aldermore Business Savings
Read the full Aldermore Business Savings Account review.

23. Masthaven

• Business savings account only, no current account.
• Caters specifically for SMEs including startups
• Save over 6 months to 2 years.
• Choose your own saving period.
• Save £5,000-500,000.
• Money is inaccessible while you’re saving.
• Can have up to 4 accounts.
• Earn 0.75-0.85% AER.
• An average score of 4.6/5 on Feefo.
• Awarded Most Innovative Digital Retail Bank UK 2018 & 2019, and Savings Account Provider of the Year in 2019.

Website: Masthaven Business Savings
Read the full Masthaven Business Savings Account review.

24. Nationwide

• Business savings account only, no current account.
• Manage your account in branch or over the phone.
• Internet banking due late 2021.
• Easy access, notice, and fixed-rate accounts are available.
• Earn 0.05-0.3% AER.
• £5,000 minimum opening balance on all accounts.
• 1-year fixed-term account.
• Choice of 35 or 95-day notice Notice Accounts.
• A flexible, easy access account allows deposits and withdrawals whenever you want but has a minimum of £500 withdrawal cap.
• You’ll stop earning interest if your balance falls below £5,000.

Website: Nationwide Business Savings
Read the full Nationwide Business Savings Account review.

25. Virgin Money

• Offers 25 months of free day-to-day banking to new businesses.
• The normal fee is £6.50 per month.
• Manage 24/7 through internet and mobile app.
• Provides smart digital tools including money management and digitally deposit cheques.
• Pay with Apple Pay and Google Pay.
• No transaction fees in the EU.
• Their UK wide stores are open for support, coffee, co-working and events.
• Integrates with accounting software including Xero and QuickBooks.
• Provides support, mentoring and training to startup businesses.
• Provides a combined offering for Yorkshire Bank and Clydesdale Bank.

Website: Virgin Money Business Savings
Read the full Virgin Money Business Savings Account review.

26. Cynergy Bank

• Quarterly maintenance fee of £15.
• Manage your accounts online and on mobile 24/7.
• Low opening deposit of £10.
• ContactlessVisa debit card.
• Can withdraw £300 twice in 24 hours from ATMs.
• Transaction charges vary from £0.30 to £0.60 and cash deposits £0.65 per £100.
• Can use debit card abroad in ATMs displaying the Visa logo.
• Make deposits and withdrawals at HSBC branches.
• Contact customer services 7 days a week.
• Overdraft facility is available subject to status.

Website: Cynergy Bank Business Banking
Read the full Cynergy Bank Business Bank Account review.

27. State Bank of India (UK)

• 24/7 online banking.
• Annual fee of £80.
• No annual is charged if your balance remains above the minimum amount.
• 25 free transactions every month.
• Transaction charges of £0.60.
• Free online transfers to the UK and India.
• Transfer money to India in 2-24 hours.
• You can make deposits and withdrawals in branches and by post.
• They have 12 branches in the UK mainly in London.
• Also offer business finance products.

Website: State Bank of India UK Business Banking
Read the full State Bank of India UK Business Bank Account review.

28. United Trust Bank

• Business savings account only, no current account.
• Suitable for sole traders, partnerships and companies including startups.
• Offers fixed-rate accounts only.
• 1.15-1.4% AER.
• Terms of 1, 2 or 3 years.
• £5,000 minimum deposit.
• No withdrawals are permitted.
• Interest with be paid annually.
• At the end of the term, they will give you 14-days notice.
• Option to re-invest or transfer funds at the end of the term.

Website: United Trust Bank Business Savings
Read the full United Trust Bank Business Savings Account review.

29. Charity Bank

• -Business savings account only, no current account.
• You earn interest from supporting UK-based charities and community enterprises.
• Offers fixed-rate accounts only.
• Earn 0.47% AER.
• 1-year term only.
• Minimum deposit of £10,000.
• Maximum deposit of £500,000.
• Single deposit only and no withdrawals.
• Manage your account by post, email, and phone.
• At the end of the term, you can reinvest the funds or nominate an account to transfer the funds to.

Website: Charity Bank Business Savings
Read the full Charity Bank Business Savings Account review.

30. Hampshire Trust Bank

• Business savings account only, no current account.
• Offers fixed-rate and notice accounts.
• Earn 0.75-1.2% AER.
• Fixed-rate accounts offer 1 or 2 bonds.
• Notice accounts with 95 or 120 day notice.
• Minimum deposit of £5,000.
• Maximum deposit of £750,000.
• No online account, instead you can manage your account by post, email, and phone.
• 4.6/5 average rating on Feefo.
• Also offers business finance products.

Website: Hampshire Trust Bank Business Savings
Read the full Hampshire Trust Bank Business Savings Account review.

31. Kent Reliance

• Business savings account only, no current account.
• Open an account in 10 minutes.
• Earn 0.2% AER.
• Interest can be paid monthly or annually.
• Save from £1,000.
• No fees or penalties for withdrawal.
• Additional deposits are allowed.
• Manage everything easily online.
• Maximum of 3 directors.
• Access branches in South East England.

Website: Kent Reliance Business Savings
Read the full Kent Reliance Business Savings Account review.

32. Cumberland Building Society

• Free day-to-day banking for 12 months for businesses with a turnover up to £250k per year.
• Manage your account 24/7 online and on the app.
• Costs £3-5 a month.
• Includes a debit card.
• Access 34 branches.
• Integrates with Xero accounting software.
• Suitable for businesses of all shapes and sizes including startups.
• Overdrafts may be offered subject to status.
• Savings accounts are also available.
• Feefo rating of 4.8/5.

Website: Cumberland Building Society Business Banking
Read the full Cumberland Building Society Business Bank Account review.

33. Redwood Bank

• Business savings account only, no current account.
• Notice and fixed-rate accounts are available.
• Earn 0.7-0.9% AER.
• Save from £10,000.
• Maximum deposit of £1,000,000.
• Notice accounts with 35 or 95 days notice.
• 1-year savings bond.
• Interest can be paid monthly or annually.
• Takes just 15 minutes to apply.
• Awarded Best Business Fixed Rate Bond Provider and the UK’s Leading Bank for SME Business 2019 and 2020.

Website: Redwood Bank Business Savings
Read the full Redwood Bank Business Savings Account review.

34. Shawbrook Bank

• Business savings account only, no current account.
• Offers easy access, notice and fixed-rate accounts.
• Earn 0.5-1.1% AER.
• Minimum deposit of £1,000.
• Maximum investment of £2 million.
• Fixed-term accounts of 1 or 2 years.
• Notice accounts offering 45 or 100 days notice.
• Savings accounts are suitable for sole traders, partnerships and limited companies.
• Not suitable for charities or trusts.
• Offers a range of business finance products.

Website: Shawbrook Bank Business Savings
Read the full Shawbrook Bank Business Savings Account review.

35. Cambridge Building Society

• Business savings account only, no current account.
• Offers an easy access savings account only.
• Earn 0.1% AER variable.
• Interest is earned daily.
• Withdrawals are allowed but only up to twice a month.
• Cash withdraw limit of £500 and limit of £250,000.
• Minimum deposit £1,000.
• Maximum investment of £2.5 million.
• Open to sole traders, partnerships, limited companies, charities and clubs.
• Can open an account in branch or via the post.

Website: Cambridge Building Society Business Savings
Read the full Cambridge Building Society Business Savings Account review.

36. Monzo

• Offers a free Lite account with basic banking facilities.
• Also offers a Pro account with enhanced account features.
• Online account only. Manage your account on the app.
• Takes just minutes to open an account from your phone.
• 24/7 customer support on the phone, app and email.
• Includes instant bank transfers and direct debits.
• Set aside money in Pots to save or for tax.
• Integrates with accounting tools including Xero, FreeAgent and QuickBooks.
• Includes in-app invoicing and digital receipts.
• Suitable for sole traders and limited companies.

Website: Monzo Business Banking
Read the full Monzo Business Bank Account review.

37. Acorn Account

• Manage your account 24/7 online and on the app.
• Open an account in 24 hours (Monday to Friday only).
• Monthly account fee of £12.50.
• Account activation charge of £60.
• Pay in and withdraw from Barclays branches.
• Add up to 4 people to your account for free.
• Free card transactions, although ATM withdrawals costs £1.50.
• UK-based call centre.
• Dedicated Account Manager.
• Apply for an account online.

Website: Acorn Account Business Banking
Read the full Acorn Account Business Bank Account review.

38. bunq

• Online only account that is managed on the app 24/7.
• Costs from €4.99 to €20.99 a month.
• Transparent pricing with no hidden fees.
• Provides Maestro and MasterCard debit cards.
• Receive real-time notifications to your phone.
• Offers up to 25 sub-accounts.
• Automatically syncs with most accounting software.
• Assists you in managing multiple local IBAN and currencies.
• Takes just 5 minutes to set up your account.
• Offers a free trial.

Website: bunq Business Banking
Read the full bunq Business Bank Account review.

39. Amaiz

• Manage your account on the desktop and the app 24/7.
• Offers personal accounts that are also suitable for startups and small businesses.
• Personal/small business accounts from £4.99 to £9.99 per month.
• Corporate accounts at £24.99 or £99 per month.
• Contactless Mastercard and virtual card.
• Unlimited payments in and out.
• Track cash flow and expenses on the app.
• Push notifications when you get paid and make payments.
• Multi-currency transactions and international transfers.
• Put money away in ‘jars’ for savings or tax.

Website: Amaiz Business Banking
Read the full Amaiz Business Bank Account review.

40. Monese

• Manage your account on the app 24/7.
• Sign-up in a few minutes and get full access in hours.
• £9.95 monthly account fee.
• Contactless Mastercard.
• App allows you manage both personal and business accounts separately in one app.
• App available in 14 languages.
• Pay cash into your account from 40,000 UK locations.
• UK transfers are free.
• Includes invoice functionality such as creating invoices in the app.
• Low-priced international transfers.

Website: Monese Business Banking
Read the full Monese Business Bank Account review.

41. Wise

• Manage your current account online and on the app 24/7.
• Set up fee of £16.
• Send and receive money in 55+ currencies with real exchange rates.
• Enables you to transact with 70+ countries.
• Apparently 19x cheaper than PayPal.
• Receive money with no fees.
• Debit card with no foreign transaction fees.
• Track expenses with business debit cards.
• Integrates with accounting tools like Xero.
• Open an account in minutes.

Website: Wise Business Banking
Read the full Wise Business Bank Account review.

42. Holvi

• Online only. Manage your current account on desktop and on the app 24/7.
• Offers two levels of accounts with monthly fees of either €6 or €12.
• The Pro account includes invoicing, payment matching and tax filing assistance.
• Business MasterCard included.
• 2.5% withdrawal fee at cash machines.
• Scan and store receipts.
• Create, send and track invoices.
• Real-time cash flow insights and detailed accounting reports.
• Send and receive money within Europe.
• Designed for the self-employed and small businesses.

Website: Holvi Business Banking
Read the full Holvi Business Bank Account review.

43. Mettle

• No monthly maintenance or transaction fees.
• Manage your current account on the app 24/7.
• Associated with NatWest.
• For limited companies with up to two owners and sole traders.
• Maximum balance varies – sole traders £50,000 and limited companies £100,000.
• Monitor your expenses in the app using your card for expenses.
• Invoicing tool included to allow you to create invoices and reconcile them.
• Integrate with popular accounting software such as Xero, QuickBooks and FreeAgent.
• Manage savings or set aside tax money in Pots.
• Apply online in minutes.

Website: Mettle Business Banking
Read the full Mettle Business Bank Account review.

44. Unity Trust Bank

• Suitable for businesses under 12 months’ old.
• Manage your account 24/7 online.
• £6 per month for businesses with an annual turnover of under £2 million.
• Transaction fees of £0.15 apply if your annual turnover is over £100,000..
• Minimum deposit of £500.
• Cash deposit at banks or Post Offices cost £0.50-0.60 per £100.
• Cheques cost £0.30.
• No debit card included.
• Pay in cash and cheques at NatWest, RBS and Ulster Bank branches.
• UK-based customer service.

Website: Unity Trust Bank Business Banking
Read the full Unity Trust Bank Account review.

45. Airwallex

• Offers a free account suitable for business start-ups
• Multiple currency account operating in 34 currencies and over 130 countries
• Enables businesses to collect, hold and send money in different currencies
• Doesn’t charge international fees
• Provides competitive exchange rates
• Offers accounts in GBP, EUR, USD and AUD
• Allows you to make settlements in foreign currency
• Provides virtual cards that you can control spending
• Can integrate with Xero
• Allows you to connect with popular online stores

Website: Airwallex Business Banking

* Please note we have an affiliate relationship with Starling.