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How long does it take to open a limited company bank account?

The time to open a limited company bank account can vary. Some banks can set up an account within a few days if all documents are in order, while others may take longer due to verification processes. At Tide, most members have their account set up in minutes, though this process can take up to a few days depending on the complexity of the business.

We offer FSCS-protected bank accounts provided by ClearBank Ltd.

ClearBank is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 754568. Eligible deposits with ClearBank are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS), the UK’s deposit guarantee scheme. For further information visit fscs.org.uk.

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