UK Banking

Sterling, UK bank accounts and everyday payments explained for overseas companies opening their first UK account.

It may seem like a simple thing but in fact getting set up with a UK business bank account can be a confusing and time-consuming process. Monica Tong, Relationship Manager at Paul Beare Ltd works with clients to ensure they have the right account to fit their business requirements. She says there are different types of […]

Checklist for opening a UK Bank Account There’s no single official handbook for opening a UK bank account as an overseas-owned company. Every bank runs its own internal compliance process, and it’s often easier for a bank to decline an application than to work through the sign-offs needed to approve one, particularly where ownership sits […]