Hello, I have been waiting to be aprove for my business account for a week, I understand it is not too much, but I have some clients waiting to pay for the product.
I would like to know what is the average time for this process:
1 week? 1 month? or more?
Nobody knows or can tell you how long it will take unfortunately. It’s different for everyone. But based on what people say here, it’s more likely to be weeks than months.
How quickly do we open business current accounts?
We give customers an account number and enable them to start paying into the account:
the same day, for 63% of customers
on average, in 3 days; and
within 23 days for 99% of customers
Note: These figures are based on the time taken from receiving all the information and documents we ask for on this page, in a case where we don’t need further information or documents to open the account.