Offshore account:British banks with an international presence (such as HSBC or Barclays), and banks in your home country with a presence in the U.K. (like Santander or Citibank), may offer offshore accounts. These accounts have high minimum balance requirements and monthly fees, but they us...
Not only does opening an LLC business bank account make life easier, it also helps you maintain personal liability protection (which is the main reason people form LLCs). Think of your LLC as being another person: it makes its own money, has its own bank account, and has its own expense...
Pros and cons of opening a bank account online You can skip the bank queues. The application forms are easy to use. It usually takes less than 10 minutes. You’ll receive your debit card in the post. You may need to visit a branch to complete the application process if you haven’t ...