I live overseas. Can I apply for a UK bank account?
Yes. To set up a bank account for your business in the UK you can either:
- use the account you already have in your country
- open a UK sterling account in your country
- search the internet for a suitable bank
Alternatively, you can purchase our International Package. This comes with the option to open a TransferWise borderless account - an Electronic Money account that can be used like a bank account in many cases.
If you charge or pay VAT you will need a UK bank account. HMRC will repay any VAT owed to the business directly into the account.
PLEASE NOTE: Our Barclays, TSB and Tide business bank referrals are available to UK residents only - this means you must physically live in the UK. Unfortunately, overseas residents cannot apply.