Open a business account in the UK

Beyond ordinary business banking

Get a business account in less than 10 minutes, and a business debit card that miaows. Yes, really.

Business debit card

Speedy does it

If you’ve got your ID to hand, you can get your UK business account and sort code in as little as 3 minutes.

Virtual business debit cards

Don’t wait for the card to arrive

Issue a virtual card right after signup and start making payments with it even before your ANNA Money business debit card arrives in the mail.

Get paid online

Payment link and webpage

You get a personal webpage with a link to put on your business’s Instagram profile or anywhere else you want – or to send it to someone directly.

Pay cash

Top up your account in cash

Trading in cash? You can now pay it into your account at thousands of PayPoints across the country

Only for ANNA customers

Special offers from our partners

We’ve partnered up with a load of different companies to bring you deals and promotions for you and your business. If you see something that benefits you, simply ask us in chat.

See offers

Use Apple Pay with your ANNA account

Pay with your iPhone

You can now use ANNA Money with Apple Pay. It’s the simple, secure, and private way to pay. There’s no need to even carry your card – your iPhone or Apple Watch is enough.

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No employee reimbursements

Get a grip on expenses

Avoid the faff of reimbursing employee expenses. Give co-workers their own ANNA debit card, set a spending limit, and the ANNA app automatically sorts their expenses.

Use Google Pay with your ANNA account

Pay with your phone

You can now use ANNA Money with Google Pay. It’s the fast, simple, and secure way to pay at millions of places – on sites, in apps, and in stores. No need to dig for your cards – you can pay quickly and easily with the device that’s already in your hand.

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Money saving Pots in a business account

Save money with ANNA

Create pots in your business account to save up for taxes, salaries or other expenses. You can manually transfer money into and out of pots or set up automatic top-ups and recurring payments

Instant payment notifications

Manage money in and out

ANNA instantly updates you when a payment comes in or out of your account, helping you keep on top of your cash-flow. Because who has time to dig through statements?

Set up direct debits

Free direct debits

You can set up direct debits at no extra charge, whatever your pricing plan. All payments are protected by the Direct Debit Guarantee Scheme.

Set up standing orders

Scheduled & recurring payments

Need to pay someone regularly? Set up a scheduled payment and ANNA will send it for you when the time comes. We’ll notify you in advance so you can make changes if necessary.

Business cashback credit card

Get up to 40% cash back for your business

Earn up to 40% cash back on over 150 different products and services with ANNA credit card. For many of our customers, ANNA ends up paying for itself.

Small business loans

Flexible credit options for your business

ANNA works with partners to find you additional financial support, tailored to the needs of your business

Loan options

Open banking

The place to see all your finances

Thanks to Open Banking, you can connect your other business and personal accounts to ANNA to keep a closer eye on your money.

The reviews are in

What does ANNA cost?

Pay As You Go

£0 Pay for what you use

Basic account with no monthly fees. You only pay for what you use.

No monthly fee
Pay per transaction
1 expense card

Local bank transfers in and out

20p per bank transfer

ATM withdrawals

£1 per ATM withdrawal

International payments

£5 per SWIFT payment

1% currency conversion fee for transfers

CHAPS payments

£5 per CHAPS payment

Personal payment link for accepting payments

1% commission

Extra expense cards

1 expense card included, £3 per extra card, per month

Pay cash in

1% commission

Pots

£1 per pot monthly

Cashback on purchases

Up to 40% cash back on over 150 products and services

Instant invoicing

Professional-looking invoices with QuickPay functionality

Easy receipt capture

Snap receipts and ANNA auto-categorises them

XLS VAT Filing

Submit your VAT Return from any Excel or Google Sheets spreadsheet – for £3.50 + VAT per filing

Accounts Integration

Share access with your accountant or sync with accounting software like Xero

ANNA +Taxes included

Integrated tax and bookkeeping tools: free for one month

BEST FOR MOST BUSINESSES

Business

£14.90 a month+VAT

Business account with all the essentials to get your business growing

First month is free
50 free local transfers
Up to 5 free expense cards

Local bank transfers in and out

50 free transfers per month, 20p per transfer after that

ATM withdrawals

3 free ATM withdrawals per month, £1 per withdrawal after that

International payments

1 free SWIFT payment per month, £5 per payment after

1% currency conversion fee for transfers

CHAPS payments

1 free CHAPS payment per month, £5 per payment after

Personal payment link for accepting payments

Free up to £200 per month, 1% commission after that

Extra expense cards

Up to 5 expense cards included, £3 per card, per month after that

Pay cash in

Pay in up to £300 cash per month for free, 1% commission after that

Pots

2 free pots, £1 per pot, per month after that

Cashback on purchases

Up to 40% cash back on over 150 products and services

Instant invoicing

Professional-looking invoices with QuickPay functionality

Easy receipt capture

Snap receipts and ANNA auto-categorises them

XLS VAT Filing

Submit your VAT Return from any Excel or Google Sheets spreadsheet – for £3.50 + VAT per filing

Accounts Integration

Share access with your accountant or sync with accounting software like Xero

ANNA +Taxes included

Integrated tax and bookkeeping tools: free for one month

Big Business

£49.90 a month+VAT

Unlimited account with everything your business needs to thrive

First month is free
Unlimited free local transfers
Unlimited free expense cards

Local bank transfers in and out

Unlimited free bank transfers

ATM withdrawals

Unlimited free ATM withdrawals

International payments

4 free SWIFT payments per month, £5 per payment after

0.5% currency conversion fee for transfers

CHAPS payments

4 free CHAPS payments per month, £5 per payment after

Personal payment link for accepting payments

Unlimited incoming payments with no commission

Extra expense cards

Unlimited free expense cards

Pay cash in

Pay cash into your account commission free

Pots

Unlimited pots

Cashback on purchases

Up to 40% cash back on over 150 products and services

Instant invoicing

Professional-looking invoices with QuickPay functionality

Easy receipt capture

Snap receipts and ANNA auto-categorises them

XLS VAT Filing

Submit your VAT Return from any Excel or Google Sheets spreadsheet – for £3.50 + VAT per filing

Accounts Integration

Share access with your accountant or sync with accounting software like Xero

ANNA +Taxes included

Integrated tax and bookkeeping tools: free for one month

£3 A MONTH FOR 3 MONTHS

+Taxes add-on

£24.00 a month+VAT

Your bookkeeping, corporation tax, VAT and payroll sorted

Tax calculation & filing
Auto-bookkeeping
Expert tax support

Expert support

Get answers about business taxes and accounting

Payroll

Calculate and filing payroll for your limited company

Save on your tax bill with bookkeeping Score

Stay on top of your bookkeeping and get easy tips on keeping your books tidy

Personalised tax calendar

Never miss a tax deadline again

Business documents

Profit and Loss, balance sheet and income statement

Smart tax pots

Tax pots automatically put money aside for your tax bill

VAT calculation and filing

Automatic VAT Return calculation and direct filing with HMRC

Corporation Tax on the go

Get a real-time running estimate of how much you owe

Tax Calculator

How to use the ANNA Money business account

ANNA business account overview

How to get paid with ANNA business account

How to make a payment from the ANNA Money mobile app

Get paid quickly with your personal payment link

Is ANNA FSCS protected?

ANNA is not a bank, so your money is not covered by the Financial Services Compensation Scheme (FSCS). However, your money is still safe since it’s not used for loans, and is in fact secured by a procedure called Safeguarding that is applied to e-money institutions.

You can read more about FSCS and keeping your money secure in our dedicated blog post.

Frequently asked questions

Do I need a business account?

If you’re a sole trader, then it’s a sensible move to open a business account. If you’re running a limited company, then having a dedicated account for your business is mandatory – because your business is legally a separate entity.

ANNA was created with freelancers, small businesses, and creative types in mind. If you’re a sole trader, a director of a limited company (and you’re listed on Companies House) or a partner in a Limited Liability Partnership (LLP) then an ANNA business account will be suitable for you.

Should I have a separate account for my business?

Sole traders aren’t legally required to open a separate account for business, but there are plenty of advantages to keeping your personal finances separate from your business finances. A business account will make things clearer for HMRC, and it’ll make it easier for you to claim tax relief.

If you’re running a limited company, then your business is considered a separate legal entity to you, and you’re legally obliged to hold an account just for your business.

What documents do I need to open a business account?

To open a business account, we’ll need a photo of your full driving licence or a photo of your valid passport.

Take the photo on a flat, clear surface and make sure all four corners of the ID can be seen in the picture.

For address verification we might ask for a utility bill, council tax bill or bank statement. They should be dated within the last three months.

How do I pay into my account?

To pay money into your account, you’ll need your ANNA business account details. Just open the app and tap the middle button at the bottom of your screen, and you’ll find your details under your Account Summary. Make a note of your account number and sort code, then set up your ANNA account as a payee with your other bank. Now you can pay into your ANNA account.

ANNA inbound payments are processed every 30 minutes on the hour and half hour (eg. 10am, 10.30am, 11am and 11.30am). It takes up to 15 minutes for payments to be credited to your account.

Can I pay cheques into my ANNA account?

Unfortunately not, we can’t accept cheques as a paying in method. You’ll need to cash the cheque elsewhere and transfer the funds over to your ANNA account. Don’t forget, you can also pay cash into your account via your nearest PayPoint.

What is Open Banking?

Open Banking is the secure way for third party providers to access your financial information, so you can connect your different bank account and banking apps. It can give you a better understanding of your accounts, and help you find new ways to look after your money.

ANNA is partnered with TrueLayer, Europe’s leading provider of Open Banking services. This means you can connect your other bank accounts in the ANNA app, and see all your transactions securely in one place.

Can I have an IBAN to receive foreign payments?

Yes.
Your ANNA business account comes with a UK sort code and account number, and you also get an IBAN to accept international payments. Check our pricing table for information about the fees.

Can I apply from outside the UK?

Yes, you can apply for an ANNA account from outside the UK. However, only UK residents are eligible for an ANNA account.

Do you have credit checks?

No, we don’t have credit checks. Instead we carry out an identity check to comply with UK anti-money laundering regulations. Traditional banks use a more complex credit check to vet future customers. ANNA isn’t a bank and doesn’t offer credit, which means our identity checking process is quicker, easier and won’t affect your credit score.

How long does it take to open an ANNA business account?

When you provide all the required documents during app setup, it usually takes about 3-5 minutes to open an ANNA business account. We may need more time if your documents need extra attention – for example when an ID photo is blurry or utility bills don’t match the address you gave us.

Does ANNA offer prepaid debit cards?

No, we don’t offer prepaid debit cards. The card you get with your ANNA business account is a Mastercard® Business debit card, issued by PayrNet Limited and licensed by Mastercard International Inc.