Managing your business finances just got easier. Now, you can open additional current accounts whenever you need them, giving you the flexibility to organise and categorise your funds your way.
You can open additional current accounts on mobile and web. Today, we’ll show you how to do so on web, just follow these steps.
- Once you’re logged in on web, you’ll land on My Accounts, where you’ll see your current and savings accounts. Tap ‘Open a new account’ in the bottom-left corner.
- Choose your account type. Currently, you can only add additional current accounts, but we hope to expand this in future.
- Then, if you have members of your team also on the account, we’ll give you a heads-up that they’ll also have access to the new current account.
- Next, name the account to help keep things organised. You could choose something specific to the account’s purpose, such as Payroll, Expenses, Taxes or Client Payments – or go with a name that works best for you.
- Tell us about the account – what kind of payments it’s for and how much money you expect to come in.
- Then there’ll be some key documents to review, and once you’ve agreed to the T&Cs, Privacy Notice and FSCS Information Sheet and Exclusions List, just hit ‘Create account’.
And that’s it! In most cases, your additional current account will be ready to use in seconds.
If you have any questions, you can contact our team by heading to the Help section in the app or on our web platform.
Thanks for choosing OakNorth. We need ambitious businesses like yours if we’re going to set a new standard in banking.