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Opening a business current account has become increasingly challenging in recent years. Traditional brick-and-mortar banks insist on in-person meetings to open an account but are unable to see you for months. The Covid-19 pandemic has only worsened the situation as branches had to restrict numbers in branch or close altogether. 

At fidomoney we are here to change that. Thanks to our streamlined digital onboarding process we are able to get your current account open in 5 working days, or sooner, once we have received full documentation. 

fidomoney takes a case-by-case approach because we understand that when it comes to your business there is no one-size-fits-all. Our team will review your paperwork and business needs, and create a current account tailored to your business’ needs.  

If you’re a new start-up finding the paperwork overwhelming, fear not. Our dedicated account managercan walk you through the process, help you with paperwork, and advise what solutions would best suit your business needs. The documents we will ask you to provide are as follows*: 

  1. Certificate of Incorporation 
  2. Memorandum and articles of association 
  3. Proof of ID  
  4. Proof of Address  
  5. Proof of Operating Address  
  6. Company Ownership/Shareholder Register 
  7. Company Corporate Tree/Structure 

For more established businesses, particularly where international trade is key to your business, then multi-currency and currency conversion may be a priority. Being able to understand your business needs means we can tailor your current account to your situation. 

For more information you can contact us by email: [email protected], or by phone: +44 (0) 20 8039 4347 

Alternatively, click to apply to open a fidomoney business current account. 

Open a Fido Money Business Account

Custom-made Current Accounts, for Business

 

*The exact formats these need to be in will by detailed by our onboarding team.