UK banks don't open accounts for non UK residents. We offer The Business Bank Account service for our international clients, so we can help with opening a UK bank account.
One of the options for non residents is to appoint a nominee director who is a UK resident and this person will work with banks as a primary director.
If you appoint one of our employees as a director of your company, he/she will operate on behalf of your company here in the UK. You will need to sign a quick and easy contract with us and he/she will need to meet with you and discuss the nature of your business. This can be done over Skype translation.
Then he/she will open a bank account and be an authorized person on the account. All the transactions will have to be legal – no money laundering. You will have the right to check your balance and see the statements. We can send statements via email. Everything will be written in the contract.
The price for The Business Bank Account service is £800 one-time fee. This service is created only for Non UK residents. The bank in which your account will be opened will be Metro Bank.
The price includes:
Once the account is opened one of our managers will act as the authorized signatory on the account for your company and will conduct all the transactions on the account on behalf of the owners. This is a monthly service for £29.99* per month.
All prices are subject to VAT 20%.
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