Business Bank Account
We are members of the Barclays New Business Introducers Scheme. We have access to an automated referral system and are now able to fast track your details to Barclays on incorporation of your company.
How It Works
After purchasing any of our Company Formations or Ready Made Companies packages, your details will be sent directly to our Barclays Bank UK Plc account manager via a secure encrypted electronic format. You will then be contacted by a Barclays Bank UK Plc advisor to arrange a meeting at a branch convenient to you where you can meet your dedicated Barclays Bank UK Plc business manager and complete the necessary paperwork (proof of I.D needed). You will usually be contacted within 48 hours but this will vary depending upon branch. If you do not wish to avail yourself of our free bank account referral service please use the opt-out facility provided on the formation questionnaire, sent to you after checkout completion. This offer is for UK clients, clients must have a UK contact phone number for this service. Overseas clients usually open the bank account in their own country.
Why Use This Service?
The fast track business account service was created with Barclays Bank UK Plc to provide a quicker and easier account opening service.
- Free business banking for 12 months
- At the end of your free banking you will have a choice of 2 straightforward Price Plans
- Our Loyalty Reward gives you back more of your account charges the longer you’re with us
- Support and guidance from your Business Banking telephone team with our Service Guarantee
- The flexibility to manage your account online, by phone, via the Barclays Mobile Banking app or in branch
- Get paid instantly using just your mobile number with Barclays Pingit
- Service Guarantee
Our Business Banking telephone team aims to resolve every query straight away
If your query can’t be settled there and then, you’ll be given a named point of contact who will take personal responsibility for looking into the query and making sure you’re kept informed until it’s resolved.
Additional Services
Barclays Cloud IT – our secure online document storage and management service
- Terms, conditions and restrictions apply . You must have a Barclays current account and be aged 16 or over to use Barclays Mobile Banking. You will need to register and link your UK mobile number with your Barclays current account. Compatible phone, operating system and internet access (fees may apply) required.
- Terms and conditions apply. You must have a UK current account and be aged 16 or over to use Barclays Pingit. Business customers on certain tariffs will be charged for transactions.
- Barclays Terms & Conditions apply
To receive your FREE Barclays business bank account, simply go to our Company Formations or Ready Made Company pages to choose your package!
Tide E-Money Account for Overseas Customers
We are pleased to have partnered with Tide, an e-money account provider available to both UK and overseas customers. Tide business accounts are easy to use, and a great alternative to high street banks for limited companies, especially those operating abroad. Tide doesn’t charge monthly fees or run credit checks, so they are faster and more affordable than their competitors. And our partnership means you can get a year of free transfers when you sign up through Paramount Formations.
Paramount customers will enjoy a prioritised onboarding service, and a dedicated onboarding agent will provide you with unparalleled support. You’ll have a sort code and account number in a matter of minutes, meaning you’ll be ready to start trading straight away. To apply, you’ll need a valid UK mobile number, and a device that’s linked to a UK App
or Google Play store. In some cases, Tide may need to run some additional checks to process your application. Find out more and sign up now.
* All timescales are dependent on how busy Companies House/HMRC are and if their system is operating normally.
* All prices are plus VAT
* See terms and conditions regarding release of codes
