Cater Allen Private Bank business bank account comparison and review
Cater Allen Private Bank offers 2 business bank accounts, including an account for charities. There are no monthly or annual account fees to worry about either.
![Cater Allen Private Bank Cater Allen Private Bank](https://www.finder.com/niche-builder/60d9c7530fa60.png)
Looking for a business account with low running costs and the ability to hold funds in different currencies? If so, a Cater Allen Private Bank business bank account could be right for you.
Depending on whether or not your business is a charity, there are 2 Cater Allen business bank accounts to choose from:
You can open the Reserve Account if you are a company, sole trader, partnership, or self-employed professional operating through limited company structures such as contractors, consultants, interim managers, freelancers and locums. The account is also available to associations, clubs and societies. The Reserve Account for Charities, as the name implies, is only available to charities.
Account holders must be 18 or older and a UK resident. Accounts are available to existing Cater Allen or Santander UK customers or via Cater Allen registered intermediaries only.
If you are not an existing customer, you will need to contact your financial adviser, accountant or intermediary to apply.
You can usually open an account within 3-5 days, but you will need to provide the following information and documents:
Further information will also be required depending on the type of business you run.
Email support | |
---|---|
Telephone support | |
In-app or live chat | |
Contact form | |
Branch support |
If you’re looking for a low-cost business account, the Cater Allen Private Bank business accounts are a good place to start. As well as no annual or monthly fees, you’ll also be given a monthly allowance of 30 fee-free day-to-day transactions, making this a competitive offering.
Other advantages include that you can hold funds in pounds, euros and US dollars as well as manage your account online, by phone or by post.
Just remember that unless you’re an existing customer, you’ll need to open the accounts via your financial adviser or intermediary.
If you’re not sure a Cater Allen Private Bank business account is right for you, you can also compare other business bank accounts on the market.
Enjoy the longest introductory purchase 0% deal offered by M&S Bank, and earn M&S points on all your spending. Compare live rates and alternative options.
How green is your bank? We’ve published the winners and highly commended brands of the Finder Green Banking Awards 2024.
Finder analysed the UK’s most popular banking brands’ sustainability credentials to reveal the winners of the Green Banking Awards 2024
An example of an email sent to Finder subscribers.
These awards cut through the greenwash and recognise the banking brands in the UK which are sustainable and making a difference.
Learn more about GoHenry and Starling Kite and find out which is the better prepaid card option for your child.
Our fixed-rate ISA calculator estimates whether paying the get-out penalty on your ISA is worth it to open a new one at a better rate.
Recent estimates suggest that over 8 million people live alone in the UK, so we’ve crunched the numbers to find the cost of being single.
Monzo is getting in on the cards-for-kids action. And this one is free. Get ready to dish out the Monzos, mum-zos!
Before you switch accounts to Bank of Scotland, check to see if you can grab a juicy switch bonus.