We offer business accounts to sole traders and directors of limited companies. To apply, you must:Legitimationsprüfung) handelt es sich um eine moderne Möglichkeit zur Online-Identifikation von Personen. Die Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) hat erstmals 2014 die Kriterien festgelegt, mit denen eine Online-Identifizierung per Video nach dem Geldwäschegesetz (GWG) rechtskonform durchgeführt werden kann. Das IDnow-Verfahren wird von diversen Banken, Leasingfirmen, Versicherungen, Finanzdienstleistern und anderen Firmen erfolgreich eingesetzt. Im Vergleich zu analogen Verfahren, wie beispielsweise PostIdent, kann sich der Nutzer bei IDnow VideoIdent bequem von zu Hause oder unterwegs identifizieren.
Be a minimum of 18 years old
Have a valid UK mobile phone number
Have a device that's registered to a UK App or Goggle Play store.
Sole traders or freelancers must also
Directors of limited companies must also
We’re on a mission to help business owners spend less time on money admin.
However, there are a number of high risk industries that we can’t take on, as this would mean not being able to focus our time and energy on the rest of our members.
We don’t currently offer current accounts to businesses in the following industries:
The holding, managing and/or controlling of a third party’s (client’s/customer’s) finances in the Tide account. This includes using the money on behalf of other individuals
Insurance companies (incl. insurance brokers)
Trading of crypto/virtual currencies
Operating as a pawnbroker
Extraction of precious metals and stones
Investments (incl. real estate investments)
Money services (such as foreign exchange, loan providers, money transfers)
Banking services (incl. BCAs, loans, digital wallets, etc.)
Casinos, prize draws and other betting or gambling activities
Sale of unlicensed pharmaceuticals
Sale or trade of cannabidiol (CBD) products
Trading of weapons, explosives or armaments
Unlicensed trading and processing of scrap metal
Unlicensed waste management
Unlicensed animal breeding
Sale, import and export of used vehicles or heavy machinery
Escort services and other services in the adult industry
Bidding fee auctions
Non-profit organisations, including charities
Operating as, but not limited to, CICs and CIOs, PLC, LLP, Partnership, Trust.
You can read more about this in our blog post: Providing financial security for our members.