What will I need to open a Business Saver?

To open a Business Saver, you’ll need to provide some key information about your business and the individuals involved in running it. This helps us meet regulatory requirements and keep you secure.

You’ll need to share your company’s registered name, company number, and the primary nature of business (SIC) code to indicate what your business does. We’ll also ask about your role and stake in the company.

Additionally, you’ll need to provide personal details of anyone else who plays a significant role in the company (anyone who owns 25% or more of your company’s shares or any other active directors). This includes their full name, residential address, and date of birth. We recommend discussing this with those individuals before starting your application, as their information will be required.

Once you have everything ready, the application process is quick and straightforward through the Moneybox app or website.