Business Accounts in the United Kingdom
Accounts for companies and sole traders registered in the UK, covering the high street banks, the challenger banks that arrived after 2015, and the app-first providers built around Companies House data. Everything here needs a UK-registered business, so you get a sort code and account number, Faster Payments, and a route to pay HMRC. A good option is honest about the monthly fee once the free period ends, cash deposit charges, whether you can get an overdraft or a card facility, and if your balance sits under FSCS protection or with an e-money firm. Ranking follows the clicks readers send, each provider's own reach, and our weighting.
- 1
One of the UK's big five banks with a full range of business current accounts for sole traders, partnerships, and limited companies, backed by FSCS protection and a branch network across the country.
- 2
One of the UK's largest banks offering business current accounts for startups, established companies, and sole traders, with digital banking platforms and FSCS deposit protection.
- 3
A digital business bank with no monthly fees, built for UK limited companies and LLPs. Offers free payments, invoicing, accounting integrations, and 24/7 support with full FSCS protection.
- 4
A mobile-first business bank for UK sole traders and limited company directors with three flexible tiers (free to £25/month), same-day opening, and integrated tax tools.
- 5
Full-licence UK bank specialising in business current accounts for established SMEs, combining competitive savings rates, cashback rewards, and dedicated relationship managers, with no monthly fees for qualifying balances.
- 6
A traditional UK bank offering tiered business current accounts for startups through mid-market firms, with free first-year banking, app access, and dedicated business managers for eligible accounts.
- 7
HSBC's Small Business Banking Account serves startups and established small businesses with no monthly fees, digital banking, free business training, and free accounting software integration.
- 8
Traditional high street bank offering dedicated business current accounts with multi-channel access, designed for small companies and start-ups with straightforward banking needs.
- 9
Independent UK bank founded in 2010, offering relationship-based business banking with same-day account opening in physical locations and dedicated local business managers.
- 10
Free mobile-first business account backed by NatWest's banking licence, with built-in invoicing, tax tools powered by FreeAgent, and optional accounting software, designed for self-employed people and small teams.
- 11
A fintech business account for UK sole traders, freelancers, and limited companies, with no account opening fees, tiered pricing from free to £69.99/month, and integrated invoicing, expense management, and accounting tools.
- 12
Full-licence UK bank with three tiered business current accounts starting free, designed for self-employed people and small business owners who want no-frills digital banking and integrated accounting tools.
- 13
All-in-one platform combining a business current account with automated bookkeeping and tax tools, designed for self-employed sole traders and small business owners.
- 14
A relationship-focused UK business bank with local branches and dedicated account managers. FSCS protected, participating in the Current Account Switch Service with support transfers in seven working days.
- 15
An Electronic Money Institution offering business accounts with integrated invoicing, expense tracking, and optional tax filing for UK sole traders, limited companies, and partnerships.