I am a sole trader and recently opened a business account with hsbc
When clients pay me by transfer I give them a reference number so they don’t put meeting or something dumber. The account is easy to open online

I do that and they still write something dumber. Idiots. Many men don’t listen. Idiots!

Yes no legal requirement to have a business bank account but your bank can still close your account once they know.

Mine is the Kinetic one, ah gosh I don’t remember what they asked but not much. I declare as beautician and just put that down and it was easy, didn’t have to send any documents from hrmc.

The fees to bank cash it’s terrible:( but worth if you want to take deposits or have clients paying by bank transfer as I hate to give my name out.

I have heard of wise they also offer a business account, I don’t have one yet but will get one when I feel better and this quiet time passes for me.

Hey all

Does anyone have experience opening a business account and limited company for escorting work? I have my accountant to help but just wondering the best banks to get a business account, if it’s worth it and if anyone has any tips / info / benefits / disadvantages of starting limited company for work let me know x

These are two different questions really - there are posts about banking above, and lots of good reasons not to try to start a limited company here