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Can't open business bank account


Unacceptable ID documents The most common ID documents that banks accept are a driver's license, passport, or state ID for individuals, and an Articles of Incorporation or EIN Certificate for businesses. If you don't have any of these documents, you may not be able to open a business bank account.

Why can't I open a business bank account online?

Not every type of business can open a business bank account online. If your business is not privately held or has multiple owners, members or partners, some banks will require you to come into a bank branch to open the account in person.

Why am I getting denied to open a bank account?

A bank can deny your request to open an account because of past accounts that were closed due to negative balances, a history of overdrafts or problems verifying your identity.

Why is it so difficult to open a business bank account in the UK?

This is down to the UK's strict anti-money laundering regulations, which can make it difficult for banks to accept applications from overseas business owners². Your best chance is with one of the major UK banks, such as NatWest or HSBC (which has an international presence).



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