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Coddan CPM Ltd. – Company Registration Agent in the UK
Home Corporate Services Open a Company With Barclays Bank Account Legal Requirements to Open an Account with Barclays Bank

Company formation with Barclays bank account from £24.99 within 24 hours!

Company formation with Barclays bank account from £24.99 within 24 hours!
1. Summary
2. Legal Requirements to Open an Account with Barclays Bank

Legal requirements to open an account with Barclays bank

Company Formation with Barclays Banking Account

If you intend to open a Barclays bank account, it's important to know what will be legally required of you before doing so. The first and most obvious piece of advice to arm yourself with before undertaking this process is acquiring correct and valid forms of personal identification which the bank will require legally.

Furthermore you will require two different forms, as one will be used as proof of identification and the other will be used to validate your current UK address.

If you're the owner of a valid UK passport or driving licence this is perhaps the best and easiest way of proving you are who you say are, as both forms of ID include photographs. However, other methods of proving your identity may work, such as a student ID card. To prove your current UK address should bring along a bank statement which must be less than three months old - legally speaking UK store card statements will not be a viable option.

Though a council tax or mortgage statement will, both of these must be less than 12 months old and the mortgage statement cannot be printed from the internet.

Business accounts require many of the same things, though you will have to inform Barclays of your existing banking details. You will also need to tell the bank the name of your company, the start date of said business and any anticipated financial details, such as turnover or funding requirements. In addition to this, you can apply online. If you're in any doubt as to the legal requirements when it comes to opening a Barclays account, ask the friendly and experienced team at Coddan today.