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Am I eligible for a Tide Sole Trader bank account?

Applying for a free business bank account with Tide is quick and easy. There’s no SCHUFA check and it’s all done within minutes in the app.Financial Services and Markets Act 2000, and aims to protect customers of financial firms when the firms can’t fulfil their obligations, or when they go out of business, because of illiquidity or insolvency.

If your bank, building society or credit institution fails to repay your savings, the FSCS will step in to compensate you as long as you’re eligible. You can learn more about this on the scheme’s website

  • You must be over 18

  • Have permanent residency in Germany

  • Operate as a small business (Kleingewerbe) or freelancer (Freiberufler*in)

  • Successfully complete the video call verification

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Searching our help articles is usually the quickest and easiest way to get answers. If you still can't find what you’re looking for, contact us in-app or via hello@tide.co