Open A Business Bank Account In Minutes

Open A Business Bank Account In Minutes

13:40 PM, 9th April 2021, About 2 months ago 13

Text Size

For landlords who need to open a business account FAST we recommend Tide.

In just just a matter of minutes you can open a business bank account online and obtain an account number, sort code and a free business Mastercard (applicable to Limited Companies as well as sole or joint owners of property).

Tide is powerful and simple, and saves business owners like you time and money – and that’s why we’re proud to partner with them.

No annual or monthly fees (free sign-up and free to try out alongside an existing account)

No credit checks when opening an account

Company expense cards (order up to 35 additional Mastercards)

Free bank transfers for one year, after one year bank transfers are 20p when sending or receiving money from a non-Tide account

Free access to product features such as their Company Registration tool, Virtual Office Address, Accountancy Software Integrations, Receipt Importer, VAT Manager (which links to HMRC), Expense Management, invoicing Tool (including Invoice Protection and invoice payments by Direct Debit) and the COVID-19 Help Hub

Your money is safe

Tide’s banking services are provided by PrePay Solutions, who are regulated by the FCA via an e-money license. Members’ funds are kept in a protected Safeguarding account, meaning that they can never be loaned out to other customers and, as such, are not exposed to risk.

Scheduled payments

Easily setup or edit standing orders, direct debits and one off payments.

Instant credit

Access up to £15,000 in under 2 minutes. No credit score impacts and no repayment penalties.

Integration

Tide integrates seamlessly with the big accounting software packages including Quickbooks, Xero, FreeAgent, Sage, Reckon, Kashflow and more.

Card control

Manage your cards in seconds, straight from the Tide app.

In-app support

Chat to the tide team with any questions 24/7 365 days a year.

To open an account CLICK HERE and remember to input Property118 in the box which asks for a “Partner Code” in order to access VIP service.



Comments

by Mark Alexander

11:30 AM, 10th April 2021, About 2 months ago

Reply to the comment left by Bill at 10/04/2021 - 10:38
Banking has become a major issue for ex-pats living in Europe post Brexit. There was another thread started on this point and Transfer Wise was the most common solution people in this situation has gone with. Interestingly, HSBC seem to be the only mainstream provider not to have closed accounts for Ex-Pats in Europe

by Bill

11:54 AM, 10th April 2021, About 2 months ago

Reply to the comment left by Mark Alexander at 10/04/2021 - 11:30
This happened in 2017, well before the Brexit problems. My other UK high street bank accounts have fortunately not been affected by the Brexit change this year. The only problem I did have was that my BTL property insurance policy was cancelled at very short notice from 1st Jan as I live in Cyprus. I had to find a new insurer who would cover expats pretty fast.

by Amjed Khan

18:12 PM, 10th April 2021, About 2 months ago

I tried opening a Starlet bank account but fell down at the point that it was a new business. They wanted biz plans..... which was too much hassle so I never completed transfer. Their loss as my business is progressing now.


Leave Comments

Please Log-In OR Become a member to reply to comments or subscribe to new comment notifications.

Forgotten your password?

BECOME A MEMBER