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by cajdavidson 2991 days ago
Check out Tide[0], I use them for my business banking and have had nothing but great experience with them. Had my account setup in ~10 minutes after being made to jump through all sorts of hoops to get a high-street bank business account setup.

[0] https://www.tide.co/

1 comments

Thanks. We did take a look at them before, but unfortunately they appeared to have a few significant disadvantages for our situation (fees would have worked out very high, they seem to be very phone/app/online-centric in their access and security arrangements, missing some basic banking features).

I'm also not quite sure how they get around the anti-laundering rules that everyone else has to abide by. They mention checking various possible IDs, but what they say they need doesn't meet the standards that every other bank and financial service we've ever worked with would require, which makes me a bit suspicious about corner-cutting.

Fair enough, I'm essentially a contractor with a Ltd company so my use case is fairly simple and I'm the only one with access, I appreciate for larger organisations it may not be quite where it needs to be yet. Probably one to keep an eye on though.