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Open Business account

roucky25
roucky25 Posts: 2 Newbie
First Post
edited 20 October at 1:24PM in Budgeting & bank accounts
Hello All,
i need to open a business account in the UK for my company registered at Companies House, but many banks declined with below "excuse":

“As the company will be a branch of a company that isn't based in UK (in France), it still won't be approved as the main company isn't UK based.”

When clicking on your Companies House link, I can see that your company type is 'Overseas Company'

At the moment we can only offer business accounts to people who live in the UK. 


Can you recommend a bank who accepts "Overseas Company with UK branch" ?

Thanks !

Comments

  • Nasqueron
    Nasqueron Posts: 11,047 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Almost certainly related to banking licences post Brexit, whether legitimately or not, they don't have the rights.

    What did your google search / own research find and maybe people can post their experience of those banks?

    Sam Vimes' Boots Theory of Socioeconomic Unfairness: 

    People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.

  • roucky25
    roucky25 Posts: 2 Newbie
    First Post
    Thanks for the advice !
  • HobgoblinBT
    HobgoblinBT Posts: 325 Forumite
    Fifth Anniversary 100 Posts
    What country is the relevant overseas company based in?
  • retiredbanker1
    retiredbanker1 Posts: 789 Forumite
    500 Posts Second Anniversary Name Dropper
    How about French banks with branches in the UK?
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