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Setting up a bank account

To set up a bank account for your business in the UK you can either:

  • open a new account in the UK
  • use the account you already have in your country
  • open a UK sterling account in your country

It may be cheaper to open a UK account or to set up a UK sterling account with your own bank, to avoid transaction and currency exchange fees.

You'll need a UK address before opening a UK bank account.

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