MSB Business Bank Accounts

It will be almost impossible to open any new MSB Business Bank Accounts as all the mainstream banks consider these as too high risk meaning they will almost certainly decline any new applications.

The main High Street Banks also are very proactive in closing any exisitng accounts they currently have for MSBs as they fall outside of their current risk appetite.

As such, opening any MSB Business bank accounts with any of the mainstream banks will not be an option available.

We do HOWEVER have other business banking options that will accept an application for an MSB business provided they are regulated by the FCA, either directly or indirectly.

There will almost certainly be some compromises, but in most cases these are minimal and will allow you to continue trading with no risk of your application being declined or account closed once opened.

For more information Click Here to Apply Online or please call 020 3286 3929

Requirements
When applying for a Business Bank Accounts for an MSB, the key to all applications is that you must provide suitable documents and have the following:

A UK Ltd Company, Sole Trader or Partnership business with any necessary proof of FCA regulation.

Photographic ID
Valid photographic identification with proof of home address and evidence of business