Business Accounts
Accounts built for how a business actually runs
Operating, reserve and client-money accounts under one company profile, with approval rules that match your mandate rather than a generic template.
- Monthly fee, Essential
- £0
- Account opening
- Same day
- Sub-accounts per entity
- Up to 20
- Client money segregation
- FCA CASS 7
Account types
Three accounts, one company profile
Move money between them instantly, with a single set of directors and signatories governing all three.
Operating account
Day-to-day receipts and payments, Faster Payments and CHAPS included, with a debit card for each authorised user.
Reserve account
Holds surplus cash at 3.85% AER (variable) on balances up to £2m, with same-day transfers to your operating account.
Client account
Segregated client-money holding for regulated firms, reconciled daily and structured to meet FCA CASS 7 rules.
Structure
One ledger, however many entities you run
Holding companies, subsidiaries and franchise units sit under a single login with their own account numbers and controls.
Multi-entity view
See consolidated cash position across up to 40 linked entities, or drill into a single subsidiary's ledger.
Role-based approvals
Set payment limits and dual or triple sign-off by role — director, finance manager or bookkeeper — not just by person.
Sub-accounts for cost centres
Create named sub-accounts for payroll, VAT or a specific project, each with its own statement and running balance.
API and file feeds
Push balances and transactions into Xero, QuickBooks, NetSuite or your own ledger via API or a scheduled CSV/BAI2 feed.
Company profile — Aldergate Holdings Ltd
- Linked entities
- 6
- Operating balance
- £412,300.18
- Reserve balance
- £1,180,000.00
- Signatories
- 4, dual sign-off above £10,000
- Sub-accounts
- 9
- Statement export
- API, CSV, BAI2
One profile, three account types and a consolidated statement pack every month end.
Who it's for
From sole trader to group treasury
Sole traders & startups
Business Essential opens in minutes with company number verification and no minimum balance.
SMEs with a finance team
Business Pro adds approval workflows, sub-accounts and a dedicated relationship manager from £250,000 turnover.
Groups & franchises
Multi-entity consolidation, intercompany transfers at no charge, and a named implementation manager.
FAQs
Questions, answered plainly
Next step
Open the account your business actually needs
Operating, reserve and client accounts under one profile, live the same day for most applicants.