How to open a limited company bank account in 2026
How to choose and open a limited company bank account, including fees, online banking, international payments, lending and the documents you’ll need.
A limited company normally needs a bank account of its own, separate from the director’s personal finances. The right account can make bookkeeping, payments and cash management much easier.
Our banking guides cover business current accounts, savings, switching providers and practical issues around managing company money.
How to choose and open a limited company bank account, including fees, online banking, international payments, lending and the documents you’ll need.
With ‘real’ inflation still well above 3% at the start of 2026, many company directors are transferring funds into interest-bearing savings accounts.
If you’re looking for an easy-to-use current account, ANNA Money could be a good choice for your limited company. You can set up an account in 10 minutes.
Here we look at the features of Tide’s business bank account – which includes £50 cashback for LimitedCompanyHelp visitors.
Whether or not you need a separate business bank account depends entirely on whether you are going into business as a sole trader, or setting up a limited company.