Santander UK

Santander UK is a British bank, operated by Santander UK plc, that offers business current accounts, online banking and cash services. It is regulated by the Prudential Regulation Authority and the Financial Conduct Authority; the company number is 02294747 and the financial services register number is 106054. The registered address is 2 Triton Square, Regent's Place, London NW1 3AN.

Account types Business Current Account Classic is intended for UK-registered companies with simple banking needs and up to two directors, owners or partners. The Treasurer's Current Account is a separate product for clubs, societies and charities.

Fees The bank publishes GBP 9.99 per month for Classic, charged after 12 months of free everyday banking for eligible start-ups and switching customers. The Treasurer's account costs GBP 4.99 per month, with an exception for applicable charities.

Restrictions Eligible companies are those from the United Kingdom. The published page does not accept SPI, API, EMI, SEMI, PISP and AISP businesses, so payment and e-money firms should not expect to open these accounts.

Who it suits Small UK limited companies, sole-director businesses and community organisations that want a mainstream high-street account with cash handling and online banking.