“Free, uncomplicated and quick” – Open a business account via the Starling app in less than 10 minutes Starling is the first fully licensed app-only bank with a business account offering in the UK No monthly fees for small businesses and entrepreneurs Starling Bank, after recently being voted the Best British Bank, has today become the first fully licensed mobile-only bank to launch business accounts for small businesses and entrepreneurs in the UK. Starling’s app is simple to use and allows small business owners to open an account in less than 10 minutes, direct from their smart phone.
There are no fees for having an account, no fees for making a payment to another bank account, and no fees for withdrawing cash.
Starling business customers will be able to manage their business bank account entirely from the mobile. Starling customers will be able to make payments to suppliers from the app (including international payments), see monthly categorised breakdown of transactions and export transactions directly to their accounting software. They’ll also be able to set aside money for purposes such as tax using our Goals feature, and they’ll also receive an instant notification any time they receive money into their account.
Starling will offer its business customers seamless access to chosen partners, including accounting and invoicing platforms, via its in-app Marketplace. Starling recently also announced their intention to launch a merchant acquiring solution which will allow businesses to accept card payments directly into their Starling account, further enhancing the selection of services available to businesses.
Starling will be launching new features to cater for more complex businesses throughout the year, including being able to make cash deposits at the Post Office.