What are the requirements to open a business account?
To open a business account with Santander (UK), you need to fulfil a few requirements. Firstly, you must be a UK resident aged 18 or above. You also need to provide certain documents such as proof of your identity, address, and business registration details. These can include your passport or driving license, recent utility bills, and your company's Certificate of Incorporation or Business Registration Number. Additionally, Santander requires information on the nature of your business activities, estimated annual turnover, and the number of employees. Depending on your business type, you may also need to provide further documents like financial statements, partnership agreements, or business plans. To get a full list of required documents and ensure a smooth account opening process, it is advised to contact Santander's dedicated business account team.
Answered May 3, 2024
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