Opening a UK business bank account can feel like climbing a mountain—especially if you’re based overseas. Good news: with virtual bank accounts, international entrepreneurs can now set up UK banking without stepping foot in the country.
In this guide, we’ll explain:
What Is a UK Virtual Bank Account?
A UK virtual bank account is an online-only business banking solution. It comes with:
It works like a regular UK bank account—for regular business transactions—but it’s fully managed online.
Why Choose a Virtual Bank Account?
1. Open It Remotely
No need to visit a UK branch or prove UK address. This is ideal for founders abroad.
2. Faster Setup
Virtual accounts can be set up in days, whereas traditional bank account approval can take weeks or months.
3. Lower Fees & Efficient Transfer
Most virtual banks have clear fee structures. You can access virtual IBANs, multi-currency transfers, and better exchange rates.
4. Built for Startups & SMEs
They often integrate with accounting tools, invoicing software, and expense trackers—perfect for small teams or solo founders.
Who Should Consider It?
Steps to Open a UK Virtual Bank Account
Step 1: Choose the Right Provider
Some specialize in larger businesses, others cater to startups. Options include UK fintechs and global online banking platforms.
Step 2: Prepare Your Documents
You may need:
Step 3: Apply Online
Fill out a digital application. MCKALLEN guides you through every form and requirement.
Step 4: Verification
KYC checks are done online—ID verification, business activity reviews, etc.
Step 5: Account Activation
Once approved, you’ll receive your UK account number, IBAN (if available), and online access.
Step 6: Start Using Your Account
You can now invoice UK clients, pay suppliers, and receive funds directly into your UK account.
How MCKALLEN Makes It Easy
Traditional UK bank accounts can be difficult for foreign founders—especially without a UK address or credit history. MCKALLEN simplifies the process by offering:
👉 Let MCKALLEN open your UK virtual bank account
Frequently Asked Questions (FAQs)
What is a virtual bank account?
A virtual bank account is an online-only business account. You get a UK account number and sort code, but everything is managed through the internet — no need to visit a bank branch.
Can I open a UK virtual bank account from outside the UK?
Yes, international entrepreneurs can open a UK virtual account without being in the UK. The process is done 100% online.
What documents do I need?
Usually, you’ll need:
How long does it take to open the account?
With expert help from MCKALLEN, it usually takes 3 to 7 business days.
Is it safe to use a virtual bank account?
Yes. MCKALLEN only works with licensed and secure banking partners that follow UK and international regulations.
Can I send and receive money with it like a regular account?
Absolutely. You can get paid by clients, send money to suppliers, and manage your business just like a traditional UK bank account.
Do I need a UK address?
No. A UK address is not required. MCKALLEN provides virtual address solutions if needed.
Conclusion
A UK virtual bank account is a game changer for international entrepreneurs launching in 2025. It eliminates the need for UK presence, saves weeks on setup, and gives you all the benefits of a UK business account—all managed remotely.
With MCKALLEN expertise, setting up your virtual UK bank account is quick, secure, and stress-free. So you can focus on your business, not paperwork.
👉 Start your virtual UK bank account journey with MCKALLEN
