Choosing a Business Bank Account
Banking for small businesses
We’ve worked with many different banks over the years. We highly recommend Mettle part of the Nat West group for a small business entity, with access to their online system 24/7.
Their service levels are one of the highest in the UK and with our preferred rates, they can offer free banking. Mettle kindly feed our systems on a weekly basis which means there is no need for bank reconciliations or bank uploads.
Opening an account with Mettle is simple. Please click on this link.
MAF also works alongside a wide range of the UK’s best high street banks, so if you already have a business bank account and are ready to go, get in touch with us to discuss next steps, or take a look at our comparison table and find the perfect package for your business.
Find the right package for your business
Which one of these describes you?
Common questions about choosing a business bank account
It’s extremely important to separate your personal and business finances, and while it may be legal in certain circumstances to run your business through your personal account it can store up all sorts of tax and legal problems down the line. So make sure you open a business account before you want to start trading.
MAF works in partnership with the best high street banks, and have a range of Bank Feeds including Mettle, Metro Bank, Carter Allen, HSBC, RBS, Natwest, Lloyds, Santander, Halifax and First Direct.
Rather than downloading and uploading electronic statements, MAF allows you to import your transactions directly from your online bank account via Bank Feeds.
It’s a quick and easy way to stay on top of your transactions. Bank Feeds are an optional feature, so if you don’t want to use them you can still manually upload your statements.
Business (and personal) credit cards can be used as a way of paying for business expenses, and work on our accounting platform in the same way as bank accounts.
When you use a credit card for business expenses you can upload them to MAF and keep all your accounts in one place.