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Company Formation with UK Business Bank Account, Formation of a Company with Free Banking Account in the UK

Same day company formation with a bank account: with this package, we offer a free referral to HSBC, RBS, Lloyds, NatWest and Barclays banks to help you open a bank account. This will enable you to benefit from the advantages business banking provides. It also means that you can form as a limited company and open the bank account at the same time. It's not just UK corporate business accounts we can help with. We have connections with banks in Switzerland, Malta, and Saint Vincent & in EU countries. Banks outside of the UK follow a different setting-up and checking procedure but we can also support you in that.
Coddan company formation packages for clients locating in the UK have a free bank account offer with NatWest, Barclays, RBS, Lloyds or HSBC banks. The business bank account service requires you to fill out the necessary paperwork for the bank beforehand, providing personal details (for which you will be subject to a credit check). It is important to remember that while Coddan will provide this service, acting as an introductory medium between the client and the bank, the actual opening of the account is the bank's discretion. This free banking account with company formation service is a feature of the packages for UK customers, and available to UK residents only.

Company Formation with Bank Account

ADVANTAGES

  • Free banking account with RBS
  • Free banking account with Lloyds
  • Free banking account with Barclays
Company Formation with Banking Account

CONVENIENCE

  • Fast company formation
  • Registered office address
  • Service for UK & non-UK clients
Our Company Formation with UK Business Bank Account Packages
£24.99

NO HIDDEN CHARGES

1
option

This UK company formation with business bank account is for customers, who have an address in the UK, & want to keep it simple, paper free, no hassle or gimmicks.

The following documents will be sending via e-mail upon the formation of a company with banking account:

    • The certificate of incorporation;
    • The Coddan tailor-made memorandum & articles of association;
    • The free referral to NatWest, Lloyds, RBS or Barclays corporate bank account (which is optional).
£39.99

NO HIDDEN COSTS

2
option

This company registration with guaranteed bank account is for people who already have a UK registered address & require the basic company formation with bank account plus additional documentation provided by e-mail & send FOC by post.

This company formation with banking account offer includes all services mentioned in the first option, plus:

  • The meeting of the board of directors;
  • Share certificates;
  • The company' register;
  • The laminated certificate of incorporation (free delivery by post).
£82.49

NO HIDDEN FEES

3
option

This package is for customers who want all the traditional trappings of company formation with bank account online with impressive bound documents.

This offer includes all company formation with banking account benefits mentioned in the first & the second options, plus free delivery of:

  • One set of the memorandum and articles of association with a company's registers printed & premium bound;
  • The first meeting of the board of directors, elegant printed shares certificates & of course, the official company rubber stamp;
  • The certificate of the beneficial owner.
£89.49

ANNUAL FEES FROM £75.00

4
option

This company formation with bank account package is especially for expatriates & UK residents, who are requiring registering a company with a prestige registered office address in London.

This company formation with bank account offer includes all company registration benefits mentioned in the first & the second options, with the addition of:

  • The registered office address in London;
  • The government mail forwarding;
  • The secretarial compliance service & the certificate of the registered office address.
£324.00

ANNUAL CHARGE £280.00

1
option

We offer company formation in the UK, with the registered address, SAIL address, director service address and business address together.

The following benefits are included into this UK company formation offer:

  • The new company formation with registered office address;
  • The provision of SAIL, director' and shareholder service address;
  • The certificate of incorporation;
  • The Coddan tailor-made memorandum & articles of association;
  • The certificate of the registered office address, etc.
£724.00

ANNUAL CHARGE £280.00

2
option

This British company formation package is especially created for customers, who are requiring a limited company formation with a bank account in EU country.

This company formation with bank account offer includes:

  • The new company formation with registered office address;
  • The provision of SAIL, director' and shareholder service address;
  • The certificate of incorporation;
  • The Coddan tailor-made memorandum & articles of association;
  • The certificate of the registered office address, and much more.
£1,224

ANNUAL CHARGE £780.00

3
option

This company formation with bank account package is for clients, who are requiring forming UK company with a nominee director, nominee shareholder, and business bank account in EU country.

This offer includes all company formation benefits mentioned in the second option, plus:

  • The provision of a nominee director & nominee shareholder;
  • The signed power of attorney;
  • The signed, undated resignation letter from a nominee director;
  • The signed trust deed & much more.
£1,924

ANNUAL FEE £780.00

4
option

This company formation with bank account package is for consumers, who are requiring registering a company with nominee director, nominee shareholder, and Swiss business bank account.

This company formation offer includes the following benefits:

  • The Swiss business bank account;
  • The certification of all corporate documents including a power of attorney by British solicitor or notary public & the final verification of all company' documents by an apostille stamp.
£3,000

NEXT INSTALLMENT £1,550

1
option

This trust structure offer is for customers, who will get the UK trust registration with bank account, two trustees, company formation with bank account, bookkeeping, annual accounts.

The following benefits are included into this trust structure offer:

    • The trust registration with two trustees;
    • The UK company formation with the fiduciary service;
    • The business bank accounts in the UK;
    • The preparation and submission of annual accounts & returns.
£4,000

SECOND INSTALLMENT £1,550

2
option

This trust structure offer is for customers, who will get the UK trust registration with bank account, two trustees, UK company formation with bank account, bookkeeping, annual accounts, & the VAT registration.

This asset protection structure includes all services mentioned in the first option, plus:

  • The provision of the VAT agent service;
  • The VAT registration & VAT certificate;
  • The preparation and registration of VAT returns.
  • Additional services are available.
£4,000

NEXT INSTALLMENT £1,050

3
option

This executive offer is for customers, who will get the UK trust registration with bank account, two trustees, trust management company & limited company formation with bank account, bookkeeping, annual accounts.

This offer includes the following benefits:

  • UK trust registration with business bank account;
  • The formation of trust management company;
  • The formation of a private company with bank account.
£5,000

NEXT INSTALLMENT £1,050

4
option

This offer is for customers, who will get the UK trust registration with bank account, two trustees, trust management company & limited company formation with bank account, bookkeeping, annual accounts and VAT registration.

This exclusive offer includes all benefits mentioned in the third option, with the addition of:

  • The provision of the VAT agent service;
  • The VAT registration & VAT certificate;
  • The preparation and registration of VAT returns.
  • Additional services are available.

Limited Company Formation With Bank Account, We Can Register a Company in UK and Open a Banking Account

Our company is Coddan Ltd and we work alongside Companies House to help new and not so new businesses further their reputation and limit their liability. Our online helpdesk benefits from cutting edge technology and our team-members are highly trained in order to advise you on all aspects of running a limited company. We can consult on everything you may need, from information regarding the administration and management of your limited company to advice on accounts, tax, bookkeeping and accounting.

If your business is very new and you would like to make your life simpler, whilst limiting the liability of your company to any debts you may achieve, our basic limited company formation with bank account in the UK package may prove invaluable to you.

Forming as a limited company is essential for businesses who want to increase their status within their industry and establish themselves as serious player in the marketplace. It's also a great way to make the bank take you seriously when you need to secure more business finance from them. We aim to keep the whole company formation with business banking account process as easy for you as possible. When you get in touch, we will conduct our initial consultation, over the phone, either over email, or in person. We will help you with your application and the forming a company with a bank account.

Applying to Companies House can be a tricky business, but we can speed the process up by advising you on common pitfalls of filling in the application form and guiding you on how to avoid common mistakes. In this way, we will greatly minimise the chance of your application being rejected, if you wish fast and simple company formation with the business bank account, please check our incorporation packages above, or contact us by phone or e-mail.

Do You Want to Register a Limited Company With a Bank Account?
From Same Day Company Formation to the Business Bank Account in UK & in EU

Limited Company Formation With Bank Account

Free banking introduction with company formation: if you want to sign up for a limited company, Coddan Ltd's limited company formation with bank account options now include free banking introductions. For UK-based clients, we can now offer a free banking introduction as part of our private company formation options. Non-UK customers, meanwhile, can opt to open bank accounts in the UK, EU, Switzerland or even offshore bank account.

Coddan Ltd can recommend the best way to structure your limited company to maximise its tax benefits and produce the most streamlined and efficient business possible. The formation of a company with business bank account opens up a world of opportunities for the tax savvy business, and with the right banking set-up behind it then you can make the most of the company.

Limited Company Formation With Free Business Bank Account

Company Formation With Bank Account

Limited company formation with bank account: if you want to form a limited company with a business bank account, Coddan Ltd can help with the technicalities. Anyone can register a limited company with Companies House, but mistakes on the paperwork can prove time consuming and cost you money. Coddan Ltd has formed thousands of limited companies and can offer same-day companies formation with bank account. We can also organise a bank account for your already registered company in the UK, any other EU nation, Switzerland or off-shore. So if you have complex requirements or just want the job done right, first time, contact Coddan Ltd and see how we can help with a new company formation with bank account.

When you choose one of our company formation packages for UK customers, you will receive a free business bank account introduction, whereby we will make the necessary arrangements for you to open your business bank account and begin trading. Unlike most other company formation agents, we can offer our clients the choice between three different banks: HSBC, RBS, Lloyds, NatWest or Barclays. This service is particularly beneficial for clients who may have had a bad experience previously with one of the banks and may wish to opt for an alternative.

The business banking account is the subject to satisfactory status and identification checks by the bank. You will be a subject to the usual credit & identity checks by the bank. Where you request a bank account through our business banking accounts' referral service, you confirmed that you agree that your personal details will be submitted on your behalf to the bank & to being contacted directly by a bank' officer for the purposes of fulfilling opening a business bank account request.

The business bank' accounts are opened & provided by the bank and are subject of the Terms and Conditions as set forth by the bank at the time of account opening.

We will pass details of a new registered company and its director to the bank and they will arrange a meeting with you at the nearest branch at your registered office address.

Form a Company or an LLP & Open a Bank Account

Form a Company With Bank Account

Our company formation packages for clients locating in the UK have a free bank account offer with NatWest, RBS, Lloyds, Barclays or HSBC banks. The business bank account service requires you to fill out the necessary paperwork for the bank beforehand, providing personal details (for which you will be subject to a credit check). The bank may wish to do an identification check to satisfy their own criteria that you are legally able to bank with them.

It is important to remember that while Coddan will provide this service, acting as an introductory medium between the client and the bank, the actual opening of the account is the bank's discretion. This free banking account with company formation service is a feature of the packages for UK customers, and available to UK residents only.

With the information above, you can see the difference in between Coddan company registration agent, and other service providers that is how we are different from other agents! If you want information about the process to open a bank account with the complete banking introduction service, you can call us during the business hours, or send us an e-mail with the request.

With our company registration options for UK customers, the free bank account service is not available & does not include this service in the price of companies' formation for international clients. At the same time with our packages for non-UK customers, you have a chance to open a bank account not just in the UK; we are offering many offshore countries where we can open a business bank account for behalf of a UK limited company or a limited liability partnership.

Bank Accounts Options for UK Clients

Bank Accounts Options for UK Clients

At Coddan, we understand that not many of UK customers prefer to go with a free banking introduction, when a client needs to communicate with a bank by himself from the beginning. We can also do the complete banking introduction service to our UK clients for an additional fee (£100.00). With this option, we will gather all information from your side & discuss the best options with different banks, and then we will make an appointment with a bank officer; we can also attend a meeting in between you and the bank.

Warning: What to be Aware Off

If you have a personal bank account, but registering a company, you cannot use your private bank account for behalf of the new business entity. When you are registering a company, you are creating a separate corporate body from yourself, and you must to open a separate bank account for your company or a partnership.

Company Formation With Bank Account in UK

Company Formation With Bank Account in UK

Company formation and opening a bank account is an important step for any new business in the United Kingdom. Companies, limited liability partnerships, and any other legally established business entity must operate a business bank account so as to ensure that the funds of the business are clearly separated from personal funds. This is especially important for small business and will assist in the administration of a business. The key features and advantages of a business bank account are as follows:

  • The freedom to manage company funds via internet and telephone banking
  • The ability to receive payments from clients via cheques and electronically
  • The ability to make payments to suppliers and employees via cheque and electronically
  • The option of opening accounts in foreign currencies
  • The ability to keep personal and company funds clearly separate

Generally, UK companies operate business accounts with UK banks, the opening of which requires the directors to visit the bank in person. Coddan offers a comprehensive and thorough bank introduction service. Because we screen applications before we accept clients for these services, we are able to guarantee a business bank account in the United Kingdom.

It is, of course, possible for companies to arrange the opening of their own business bank accounts, if they have the time and energy for the comparison of their options and completion of the many formalities, and thus save themselves a professional fee. Most of the major UK banks offer online application forms on their websites, which can be used to begin the process.

Our service is much more than the completion of an application form that is offered by some other providers. Our banking introduction service is tailored to those clients who are either too busy, or too uninitiated with the banking system in England to commit to a bureaucratic process, and who require an agent to act on their behalf.

What Coddan offers is a professional service that includes all of the varied formalities that prefigure the actual opening of the account, which is, in-itself, the simplest, and final step of a convoluted process; and is the only step that you need be directly involved in.

The main reason that Coddan is in a position to offer such a streamlined service to our clients is that we have invested considerable time and energy in developing close relationships with officers from all of the major High Street banks; we know the advantages, disadvantages, and requirements of the different options available, and can therefore streamline the process by introducing your company to the bank and services that best serve your needs.

In an attempt to prevent fraud, stringent regulations exist in the United Kingdom. Security procedures have been implemented which can lead to delays for overseas clients who try to open an account personally on arrival, and it is very difficult indeed for an individual or business to open a UK bank account from overseas.

Are You Looking To Register An LLP

Are You Looking To Register An LLP?

Thinking about setting up a limited liability partnership in the UK? With Coddan Ltd, LLP formation is effortless. What's more, non-UK customers even have the option to open a bank account in the UK, the EU or even offshore. Forming an LLP could open up a whole new world of opportunities, and with an expert banking setup from Coddan Ltd, your business could reap the rewards. For more information, why not contact Coddan Ltd today?

It is for the above reasons that Coddan offers company formation with banking introduction services to its clients. Coddan has worked hard to build excellent professional relationships with banks in order to provide a full range of bank introduction with company formations services to our clients.

These services are especially appealing to non-residents of the United Kingdom who are investing, or starting business here, and who are uninitiated to the banking system in the United Kingdom.

Company Formation With Bank Account in UK

Company Registration With Bank Account in UK

Company formation and opening a bank account is an important step for any new business in the United Kingdom. Companies, limited liability partnerships, and any other legally established business entity must operate a business bank account so as to ensure that the funds of the business are clearly separated from personal funds. This is especially important for small business and will assist in the administration of a business. The key features and advantages of a business bank account are as follows:

Special Services Tailored for UK Based Clients

We can serve our UK customers by providing the following service:

  • Register a new company with our own registered address in London;
  • Appoint a nominee director and nominee shareholder for your behalf (you will become a shadow director in the legal terms);
  • We will issue a general power of attorney to authorise the beneficial owner to manage and conduct the business affairs from the name of the company;
  • We can open a bank account for behalf of your company outside of the UK.

We can open a bank account for behalf of the UK registered company within an offshore bank in Belize or Saint Vincent; we can also open a bank account in USA, Andorra, Switzerland (not a saving account, but the true business bank account). If you prefer, we can open a multi-currency banking account with 24 hours Internet account management option in one of the EU countries.

To open a bank account outside of the UK, your personal visit is not required. Working closely with different banks, we have an understanding of the qualities business owners are looking for, which we pass on to the banks we work with.

We act as a service agent for all of those looking to push improvement, get better banking options and grow their enterprises. For more information contact us on 0207 935 5171 or email us.

Company Registration & Opening a Business Bank Account in the UK or Outside of the UK for International Customers

Company Registration With Business Bank Account

Coddan offers our international customers the bank introductions to all of the major UK banks, including: HSBC, Barclays, NatWest, Lloyds. We can also provide introductions to local branches of foreign banks, such as Bank of Ireland, Barclays International, and Islamic Bank of Britain.

The cost of our bank introduction service depends on the types of services that your company requires from the bank, and upon the particular bank that you wish to use.

Coddan has worked hard to build excellent professional relationships with banks in order to provide a full range of bank introduction services to our foreign clients (we have a number of signed contracts between us and UK-based banks, which allow us to offer a bank accounts opening introduction services).

We are committed to maintaining these relationships, and for this reason we must be satisfied that your company plans to act in an exemplary manner with respect to bookkeeping, and the filing of annual returns and reports, before we will agree to provide these services. To open a bank account you will need to provide with certain information including:

  • Your name, contact and living details;
  • The description of your business;
  • Details of any bank accounts you already have;
  • Details of your income and outgoings.

If your application is successful, your bank account will be opened, your debit and credit cards will be sending to you, & the bank provides you with details of the account benefits and how to easily operate your account.

Being the authorised agent, we are charging our non-UK based customers for the bank introduction service from £350.00. Using us is a little bit expensive, but at the same time, you will have the real advisor, who will help you to choose the bank, which suits your business needs.

Our bank introduction fee also covers an initial consultation & the appointment with the bank officer who will be able to open a business checking account for your company within one business day.

If you require opening a bank account in the UK, then, your personal visit is required.

Coddan may also provide you with the UK bank introduction service for companies which were not registered in UK (companies incorporated offshore, USA, other EU countries), considering that your company can confirm to the bank why the UK bank account is essential for the business. The cost of this service will depend on bank and work involved. The minimum charge for this service is from £400.00

At Coddan, our aim is to make the whole process as quick and painless as possible. Through our knowledge of local banking regulations and our relationships with major banking groups, we help our clients to cut through the red tape and progress as quickly as possible.

Generally, bank account operating manager(s), who can be a company director(s), member(s), or an authorised person with a valid power of attorney, requires visiting the bank in person to certify bank accounts forms and mandates.

It is, however, possible to open some types of bank accounts by distance, without the need of personally visiting the bank. This is not our common practice, we are understandably reticent to provide distance banking introductions unless we are completely satisfied that your company plans to meet all of its tax and reporting responsibilities, and to adhere to all relevant UK regulations.

Merchant Account for your Company

Merchant Account for your Company

If your company or a UK incorporated LLP requires having a merchant account in the UK, we can help, if your company has a business account in the UK. We can help to open a merchant account for behalf of the UK registered company outside of the UK, and to have such merchant account for your business you do not need to have a business bank account with the UK local banks. Contact us to see how we can assist you.

In addition, you will need to supply us with a convincing argument for your inability to travel to London to open a bank account in person.

Companies who plan to remain dormant status will not be offered any bank introduction services by Coddan, as there are no valid reasons for a dormant company to open and operate a business bank account. For more information e-mail us or call: +44 (0) 330.808.0089 or +44 (0) 207.935.5171, or send a fax: +44 (0) 207.504.3531.

Over the years, we have established a wide and varied client source ranging from private clients to developers and from solicitors to bookkeepers and international traders. Each client is particularly important to us and we do all we can to give the best service that we can, endeavouring to ensure 'word of mouth' recommendations and repeat business. Since the company began, Coddan has been under the same management and delights itself on its reputation for quality of services and clients satisfaction.

Bank Account & Nominee Director

Bank Account & Nominee Director

We can provide a UK nominee director and open a bank account in the UK within a few circumstances. Coddan and the bank need to know about your business activities, and a nominee director will not be the part of the banking account signatures at all. You will operate and manage the UK banking account as the shadow director. Call us to discuss your needs and see how we can help.

Please take the note that we do not work with the high risky businesses. We cannot serve every single client who requests our help with the banking account. We have many years of business experience behind us, and we can tell you can Coddan helps or we cannot help at all to open a bank account.

We have the special list of questionnaires, which helps to understand the nature of your business, and based on your answers we can tell you how we can help you, or you have no chance to open a bank account & merchant account in the UK and other banks outside of the UK with whom we have the long term of relationships.

Do not hesitate to contact us to describe your current situation and see how we can serve your business needs.

Benefits of an EU Bank Account for International Clients

Benefits of an EU Bank Account for International Clients

For clients who neither live in the UK nor transact business in the country, it is difficult to have a bank account here. However, they can open an account with a bank elsewhere in the European Union, and enjoy a range of great benefits. Our overseas customers can open various types of EU bank accounts, including multicurrency and card accounts, and savings, investment and escrow accounts.

A multiple currency account is often of benefit to our clients, especially those who are trading in a number of currencies. This type of account can be used for transfers, currency exchange, automatic transfers, residual cash inflow management and other bank operations.

The advantages of a multiple currency account are that the funds are held in the account in the currency in which they were paid in and you choose how and when they should be converted into other currencies, and the funds don’t have to necessarily be converted at all. Also, you don't need to have separate accounts for different currencies as they’re all held in the same account. In addition, customers only pay once to open the account, and nearly all currency payments are done the same day and there are no additional charges involved.

Customers with an EU bank account can also open a card account; it's in one currency. The funds in this type of account are generally used to pay for goods and services using a bank card, in-store and online, as well as withdrawing cash at ATMs worldwide.

You can also authorise other people to use the funds in this account, after you give authorisation to the bank and it issues a supplementary card that's linked to your account. A card account can also be used for payments via direct debit, such as paying recurring invoices automatically, and funds from a current account can be transferred directly to it.

Another account that clients can get in the EU is an investment account. This is normally used for securities transactions and customers can get a range of comprehensive investment services, including FOREX deals, electronic trading platforms, purchase and sale of futures, shares, bonds, contracts for difference, securities loans, investment funds and trust asset management.

An escrow account allows for sale and purchase transactions, including real estate deals, as it reduces the risk among the parties involved in the transactions. This is because the buyer, seller and the bank sign an agreement outlining the terms of the transactions, and the bank oversees the sale or purchase, only releasing the funds when all parties are satisfied.

Whatever type of account customers hold, they have access to various facilities, including checking the status of their accounts, and cards if applicable. They can also order new cards, deposit funds and monitor the deposit portfolio, manage the status of loan transactions, print copies of payment orders, and exchange currencies at any time, 24 hours a day, seven days a week. Customers can also transfer funds around the clock, and check on the status of their investment portfolio, including net asset value, available financing and cleared funds.

In addition, the bank will notify customers when necessary, including about extensions of authority and legal documents. There is absolute confidentiality in dealing with the bank and its employees, trading desks, loans, information and so on, and statements can be obtained in a number of formats, such as XML (Fidavista), CSV and PDF.

The bank imposes certain limits as a security measure, which by default for internet banking and unless otherwise requested are 50,000 euros per transaction and 300,000 euros for the daily limit. These can be changed in accordance with transaction volumes, either for a limited period of indefinitely.

In terms of timing and the processing of orders, e-banking can be done at any time of the day. This includes the transfer of funds between customers' accounts, whether card, investment or current accounts. Orders received at the close of the banking day (from 22:00 to 01:00) are processed immediately.

Currency exchange is done around the clock for orders of up to 5,000 euros. For sums larger than that, processing is done following the dealer's acceptance and during business hours, as are the opening of accounts and processing of card payments. Customer support is available on weekdays from 8:30 to 19:00, by phone and email, while order cancellations on debits from an account can be done around the clock. Corrections, cancellations and recall of debited orders can be done on weekdays from 8:30 to 19:00.