Guides
How to Start a Business in the UK
23 June, 2025•15 mins
TSB’s history stretches back 200 years, so it knows a thing or two about supporting businesses and their money. With more than 5 million customers, it’s one of UK banking’s big-hitters – although it’s currently in the process of being bought out by its rival Santander, with a deal expected to go through in early 2026.
TSB currently offers one main type of business account, although it’s currently only open to existing customers (unlike an ANNA business account, which is open to almost anyone who likes the cut of our jib).
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With ANNA you get a debit card, automated bookkeeping, a personal payment link, up to 40% cashback and 24/7 customer support
- In this article
- Frequently asked questions
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Get started nowFrequently asked questions
Can I open a TSB business account online?
You can get the ball rolling online, but need to go into a branch of TSB to open an account so your ID and proof of address can be verified.
How long does a TSB business account take to open?
10% of TSB business account holders are given their account number the same day, but the average length of time you can expect to wait is 3 days.
How do I close my TSB business account?
You can close your TSB business account via the app – simply hit your profile icon, tap ‘chat to us’, then type ‘close account’ to get started.
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