Effective Accounting has partnered with Starling Bank!
Posted on 13th August 2020
As one of the leading fully digital accountancy firms in the UK, partnering with Starling Bank was a natural choice.
It not only further cements our reputation for being big on slick apps and cutting-edge technology, but will help our clients simplify their banking requirements too.
Founded in 2014 by Anne Boden, Starling is the UK’s first mobile bank offering super-fast setup, beautifully simple money management and 24/7 support, all with no monthly fees. From small businesses with big ambitions to freelancers figuring out tax returns, Starling’s award-winning business bank account is designed to make entrepreneurial life a little easier.
Who is eligible for a Starling Bank business account?
If you meet one of the below requirements, you could be eligible for a business bank account with Starling Bank:
You’re the owner of a limited company and you’re the only person with significant control (PSC) over it;
You’re part of a limited company with multiple owners. With Starling’s multi-PSC account, you and your fellow PSCs will each get a Mastercard debit card and access to a beautifully simple mobile bank account;
You’re self-employed: Starling’s sole trader account is available exclusively to those who already have a Starling Bank personal account.
What are the key features?
No monthly account fees
Speedy setup - apply in minutes, with no three week wait
Integrate with Xero, QuickBooks and FreeAgent
24/7 UK customer support
Stay in the know with real time payment alerts and categorised transactions for spending insights
Easy deposits - deposit money at over 11,500 Post Office branches
Send cheques via freepost, too
FSCS protection - Starling Bank is a fully registered bank and the FSCS protects any money you keep with them up to £85,000 for eligible customers
Ready to apply? It takes just minutes and you can do it from your smartphone or laptop!
Applying for a business bank account with Starling Bank takes just a few minutes, direct from your mobile. No paperwork or branch visits required - bliss! It really couldn’t be easier. Here’s how…
Click here to go to the Starling Bank website via Effective Accounting’s own unique link. PLEASE NOTE: It is really important that you use this link, and do not go direct to the Starling website by searching via Google!
The link will automatically direct you to download the app via your smartphone or laptop’s appropriate app store.
Download the app when prompted.
Enter your personal details and verify who you are by uploading your identification documents and sending the short video requested.
Starling will carry out some quick checks at a UK Credit Reference Agency.
Provide a few details about your business, such as its day to day activities and online presence.
Starling will then look to approve your application as soon as possible so you can start making the most of all the features to help you manage your business finances better!
Ready to switch to Starling?
With the Current Account Switch Service (CASS), you can make Starling your main business bank account in just seven working days. It’s worth noting that the CASS service is currently only available to Starling business customers with companies that have one person of significant control. To find out whether your bank is part of CASS, click here.
Nicola J Sorrell -
Founder | Xero Champion | IR35 Expert
Tagged as: For - Contractors, For - Limited Companies, For - Property Owners & Landlords, For - Self-Employed
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