What are the requirements for opening a business account?

To open a business account with Bradford & Bingley, you need to fulfill a few requirements. Firstly, you must be a registered business entity, such as a sole proprietorship, partnership, or limited company. Secondly, you'll need to provide valid identification documents for all individuals associated with the business, including government-issued IDs and proof of address. Additionally, you should present business documents which may include incorporation certificates, partnership agreements, or trade licenses. Furthermore, you will be asked to provide financial details like revenue, expected monthly transactions, and funding source. This information helps the bank understand your business's financial needs. Lastly, some form of initial deposit is typically required to activate the account. By meeting these specifications, you can easily open a business account with Bradford & Bingley.