Small Business Account
Manage your business finances with multi-currency accounts, UK & EU IBANs, and low-cost international payments. Built for small businesses that think big.
Send and Receive Payments Globally
Pay freelancers and contractors globally without delays. Send EUR to European contractors, USD to US developers, and 40+ currencies — all from one account.
Why Small Businesses Choose Transferra
Apply online in 15 minutes. Get approved in 3 days and start receiving payments immediately. No branch visits required.
Pay Chinese suppliers in CNY. Invoice EU clients in EUR. Receive USD from US customers. All from one account.
Transfer money to 180+ countries in 40+ currencies via SWIFT, SEPA, and local payment networks.
Your Dedicated Account Manager
Every Transferra small business account comes with a dedicated account manager who understands your business and is ready to help when you need it.
Get Started in 3 Days
To open your small business account you need to:
Apply Online (15 minutes) — business details, director information, upload required documents.
Our team personally verifies your application and documents.
Access your UK & EU IBANs, meet your account manager, start receiving payments.
Common Use Cases
Pay suppliers in China, Europe, or US in their local currency. Avoid double conversion fees and save on FX.
UK company selling in Europe? European company with UK clients? One account handles both markets.
Start local, grow global. Use currencies and payment methods as you expand without switching banks.
Pay freelancers and contractors globally. Send EUR to European contractors, USD to US developers, all from one account.
Frequently Asked Questions
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Do I Need an Account for My Small Business?
Having a business account is an important step in starting and growing your business. It can help make financial management easier and more efficient.
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How Long Does it Take to Open a Small Business Account?
The time taken to open accounts for small businesses in the UK may vary depending on the financial institution you choose. Transferra offers a fully digital account opening that can usually be completed within 3 days.
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What currencies can I use?
40+ currencies including GBP, EUR, USD, CHF, SEK, NOK, DKK, PLN, CZK, HUF, RON, BGN, AUD, CAD, SGD, HKD, JPY, CNY, and more.
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Do I need to be UK-based?
No. We serve businesses from many countries. Eligibility depends on your jurisdiction and business activity.
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Are There Any Restrictions on the Types of Businesses That Can Open a Small Business Account?
In general, financial institutions will require businesses to provide proof of their legal status and may require additional documentation or information depending on the type of business. For example, if you operate a high-risk business, you may be subject to additional due diligence and compliance requirements.