What is the business USD account?
So you’ve taken your UK business stateside? Nice work. Now give it the right support with Starling’s US dollar business account. For just £5 a month, you can hold, send and receive USD, and manage them with our award-winning app – plus you can spend from your business USD account using your regular Starling business card, too.
Want to convert your USD into GBP or vice versa? Make it happen with a tap. You’ll get the current exchange rate with a 0.4% conversion fee added on top. No hidden commission, no sneaky extra charges. Just everything you’d expect from Britain’s Best Bank 2020 (with just a few more stars and stripes).
Who is the USD business account for?
Suppliers in Seattle, customers in Colorado – whatever your reason is for doing your business banking in USD, make life a little easier with Starling. It’s available to any limited company, but it’s especially useful if you:
- Pay overseas suppliers (using a US account number and ACH routing number)
- Receive payments from customers in USD
- Rent out property in the US as a business
- Receive payment for services in USD, as a self-employed contractor
Some things to note
USD business accounts are only available to limited companies (apologies to sole traders!)
Payments under £25k will be processed by Starling Bank the same day, but may take longer to arrive in the recipient’s bank if they are not a direct participant of the ACH payments network.
The bank account of the remitting/receiving account will need an ACH routing number and a US account number. You won’t be able to send or receive wire transfer payments or international payment with the business USD account - however you can still send wire/international payments from your GBP account.