Banking Support
Opening a UK bank account can be a challenging process. With the rise of e-money accounts, you might wonder if a traditional UK bank account is even necessary. Additionally, mainstream banks often fall short in providing cost-effective foreign exchange solutions. That’s where we come in, to help you find the best solution for your individual needs. Each customer is unique and may require support based on their ownership structure, operating model and where it trades. Our service will save you the time and frustration by guiding you to the right product.
Our Services
We help 300 companies a year set up in the UK, so we understand the challenges in opening an account with a UK bank. We can help you work out the banking services you need and facilitate getting these facilities in place as fast as possible. Our services save you from the frustration and lost time experienced by so many others in chasing ineffective solutions.
A PRA regulated bank account might be the best option for you. The key features of these types of account in comparison with e-money accounts are:
- £85k deposit protection
- Interest bearing
- Cash handling options
- Direct debit facilities as standard
- Required by the Home Office for Sponsorship Licenses.
We can help advise on these types of account and refer you to an appropriate provider.
Depending on your needs, an e-money account might be another option, either alongside a traditional bank account or instead of it. The key features of these accounts are as follows:
- Much faster onboarding
- 100% deposit protection regardless of balance amount
- Wide jurisdiction reach allowing the opening of virtual accounts rapidly in countries all around the world where you need to do business
- Far cheaper and easier foreign exchange solutions than traditional banks
Through our joint venture with Axiom (OC Axiom), we can advise you on these types of account, understand the trade-offs, facilitate your set-up with an appropriate provider and then provide you with a dedicated account manager for ongoing support.
Any firm or individual receiving or sending funds internationally can save money if they’re currently exchanging these funds via their traditional retail banks. With e-money accounts now, this process can be made far more efficient and will be cheaper than compared to 99% of retail banks.
Our joint venture with Axiom (OC Axiom) will help clients establish and operate a foreign exchange solution that works for them, with dedicated account managers on hand for support throughout. We welcome you to try us on your next business FX transaction.
When you employ people in the UK you need to register for payroll and pay tax to the tax authority at source. You are also required to offer a pension scheme called Auto Enrolment.
Most pension providers require you to have a UK Direct Debit facility. A company bank account that they can automatically withdraw money from. We can provide you a client account while you get established, which can be used in relation to services that we provide you.
This service includes:
- Payroll payments
- Pension direct debit
- Tax payments/refunds/tax credits
We help 300 companies a year set up in the UK, so we understand the challenges in opening an account with a UK bank. We can help you work out the banking services you need and facilitate getting these facilities in place as fast as possible. Our services save you from the frustration and lost time experienced by so many others in chasing ineffective solutions.
A PRA regulated bank account might be the best option for you. The key features of these types of account in comparison with e-money accounts are:
- £85k deposit protection
- Interest bearing
- Cash handling options
- Direct debit facilities as standard
- Required by the Home Office for Sponsorship Licenses.
We can help advise on these types of account and refer you to an appropriate provider.
Depending on your needs, an e-money account might be another option, either alongside a traditional bank account or instead of it. The key features of these accounts are as follows:
- Much faster onboarding
- 100% deposit protection regardless of balance amount
- Wide jurisdiction reach allowing the opening of virtual accounts rapidly in countries all around the world where you need to do business
- Far cheaper and easier foreign exchange solutions than traditional banks
Through our joint venture with Axiom (OC Axiom), we can advise you on these types of account, understand the trade-offs, facilitate your set-up with an appropriate provider and then provide you with a dedicated account manager for ongoing support.
Any firm or individual receiving or sending funds internationally can save money if they’re currently exchanging these funds via their traditional retail banks. With e-money accounts now, this process can be made far more efficient and will be cheaper than compared to 99% of retail banks.
Our joint venture with Axiom (OC Axiom) will help clients establish and operate a foreign exchange solution that works for them, with dedicated account managers on hand for support throughout. We welcome you to try us on your next business FX transaction.
When you employ people in the UK you need to register for payroll and pay tax to the tax authority at source. You are also required to offer a pension scheme called Auto Enrolment.
Most pension providers require you to have a UK Direct Debit facility. A company bank account that they can automatically withdraw money from. We can provide you a client account while you get established, which can be used in relation to services that we provide you.
This service includes:
- Payroll payments
- Pension direct debit
- Tax payments/refunds/tax credits
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We engaged with Oury Clark to expand our business into the UK. I have no hesitations in recommending OC to any company looking for professional services. They have been a key strategic driver in our expansion, with quality communication, timely service, and world-class support. I recommend any business looking for professional services they can have confidence in, to partner with Oury Clark.
I have been working with Nick Parsk and his team at Oury Clark on a company liquidation, they have been so professional throughout. They provide clear and concise advice, they are always reactive to questions and have made everything feel straightforward. I can’t recommend them enough if you need highly experienced advice, guidance and exceptional service. Oury Clark is outstanding in every way.
We have been consistently impressed with the speed and quality of Oury Clark’s help and advice since we switched from a different firm of accountants in 2022. We know we can rely on Oury Clark as our business grows and expands into new markets.
Let us Introduce Ourselves
To find your nearest office or get in touch with one of our specialist advisors to see how we can help your business, please go to our contact page.