SBI business bank account comparison and review
Discover how SBI business banking compares to other banking options available to business owners.

SBI UK is a subsidiary of State Bank of India. It has been active in the UK since 1921, offering current accounts and savings for individuals and businesses, as well as loans.
To make comparing even easier we came up with the Finder Score. Fees, features and customer service across 20+ of the most popular banks are all weighted and scaled to produce a score out of 10. The higher the score the better the account – simple.
Read the full methodologyYou can create accounts for dollars or euros. The fees and charges will differ on these accounts. You’ll pay a 2.5% fee for making card transactions overseas. When withdrawing money outside the UK, you’ll pay £2 plus 2.5% of your withdrawal (excluding SBI ATMs in India, which are also free).
You can apply for an SBI business account in a local branch, via the SBI UK website or by calling 0800 532 532.
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An SBI business account gives you the opportunity to open both a current and savings account, and also accounts in multiple currencies. But other than that it’s pretty basic and doesn’t offer any extra features to help your company thrive. See our guide to the best business bank accounts to find one that’s better suited to you and your business.
Get started by visiting SBI’s website and sign up for an account. If you have read this review and decided that SBI’s account is not for you, you can also compare other business bank accounts on the market.
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