How to change your business account from sole trader to limited company

As a regulated bank, we need to make sure our customers have a business account that accurately reflects the structure of their business. This means that if you're a limited company but have a sole trader account, we'll need you to apply for a limited company account.

It's best to reach out to us before you begin a limited company application. We'll give you 30 day transition period which will allow you to continue using your sole trader account while we process the application for your limited company account.

So you know, this doesn’t guarantee we can offer you a new account but we'll let you know the outcome of your new application as soon as possible - 82% of people hear back on the same day!

If you have any questions about this, please tap the chat to us button below and we'll do our best to help.