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Kent Reliance VS Handelsbanken: Business Banking Review & Fee Comparison


By: Ian Wright | Last Updated: May 22, 2025

Is Kent Reliance or Handelsbanken better for your small business?



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Below we look at both Kent Reliance and Handelsbanken reviews on Trustpilot along with their App reviews from Apple and Google.

We then look at typical fees, business savings rates, foreign currency options and a whole bunch of other account features to help you make up your mind.

Kent Reliance Homepage
Kent Reliance Homepage


Handelsbanken Homepage
Handelsbanken Homepage
 

Kent Reliance vs Handelsbanken Trustpilot Reviews

Kent RelianceHandelsbanken
Trustpilot Review Score (out of 5)42.3
Percent 5-Star Reviews61%33%
Percent 1- Star Reviews22%55%
Total Number of Reviews2,104124
Sources:
https://www.trustpilot.com/review/www.kentreliance.co.uk
https://www.trustpilot.com/review/handelsbanken.co.uk

Kent Reliance vs Handelsbanken App Reviews

Kent RelianceHandelsbanken
iPhone Review Score (out of 5)No Rating2.6
Number of iPhone ReviewsNo Reviews17
Android Review Score (out of 5)No Rating1.6
Number of Android ReviewsNo Reviews6
Sources:
https://www.apple.com/uk/app-store/
https://apps.apple.com/gb/app/handelsbanken-uk-corporate/id1122527533

Kent Reliance vs Handelsbanken Account Fees & Charges

Kent RelianceHandelsbanken
Free Business Bank AccountNoNo
Free Business Account Term LengthNANA
Cheapest Monthly Account FeeFree£5
Most Expensive Monthly Account FeeFree£20
Electronic Payment Cost (in/out)£10Free
Cash Payments Cost (in/out)£130p
Cheques (in/out)£1£1.50
CHAPS Payments Cost£10£15
SEPA Payments CostNo25p

Kent Reliance vs Handelsbanken Business Savings Rates

Kent RelianceHandelsbanken
Types of Business Savings AccountsEasy access, Notice Account, Fixed rate, Business savingsInstant Access, Fixed Term, Notice Savings
Lowest Savings Rate (AER)0.10%No
Maximum Savings Rate (AER)5.13%No
Minimum Savings Amount£1,000£5,000
Interest Paid On Foreign CurrenciesNoYes
 

Kent Reliance vs Handelsbanken Account Opening Times

Kent RelianceHandelsbanken
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
10 minutes7 Working days
Do They Check Your Credit?YesNo
Current Account Switch ServiceNoYes

Kent Reliance vs Handelsbanken Features & Account Types

Kent Reliance Account Types
Kent Reliance Features & Account Types


Handelsbanken Account Types
Handelsbanken Features & Account Types


Kent RelianceHandelsbanken
Business Current AccountNoYes
Business Savings AccountYesYes
Business Credit CardNoYes
Business OverdraftNoYes
Accounts For StartupsYesNo
Accounts For CharitiesYesNo
Accounts For Sole TradersYesYes
Joint Business Accounts AvailableYesYes
Card TypeNoneMastercard
Online BankingYesYes
Mobile BankingNoYes
In Person/Branch BankingYesYes
Branch LocationsLocations in Kent onlyUK-wide

Kent Reliance vs Handelsbanken Customer Support Options

Kent RelianceHandelsbanken
Phone Support AvailableYesYes
Email Support AvailableYesYes
App Based Support NoYes
Web Based SupportYesYes
In person Customer SupportYesYes

Kent Reliance vs Handelsbanken Foreign Currency Accounts

Kent RelianceHandelsbanken
US Dollar (USD) Bank AccountsNoYes
Euro (EUR) Bank AccountsNoYes
Other Currencies Available:No
  • Australian Dollar (AUD)
  • Canadian Dollar (CAD)
  • Swiss Franc (CHF)
  • Danish Krone (DKK)
  • Norwegian Krone (NOK)
  • Swedish Krona (SEK)
  • New Zealand Dollar (NZD)
  • Japanese Yen (JPY)

Other Business Services From Kent Reliance and Handelsbanken

Kent Reliance Account Types
Other Kent Reliance Services


Handelsbanken Account Types
Other Handelsbanken Services


Kent RelianceHandelsbanken
Business LoansYesYes
Commercial MortgagesYesNo
Invoice FinancingNoNo
International PaymentsNoYes
Merchant Payment ServicesNoNo
Card MachinesNoNo
Free Accounting SoftwareNoNo

Kent Reliance vs Handelsbanken Banking Basics

Kent RelianceHandelsbanken
Bank TypeChallengerHigh Street
FSCS ProtectionYes, up to £85,000Yes, up to £85,000
FCA Number530504197340
WebsiteKent Reliance WebsiteHandelsbanken Website

Common Comparison Questions

Does Kent Reliance or Handelsbanken have better customer reviews?

Kent Reliance scores 4 out of 5 based 2,104 Trustpilot reviews. Of these reviews 61% are 5-star and 22% are 1-star.

Whereas, Handelsbanken scores 2.3 out of 5 based 124 Trustpilot reviews. Of which 33% are 5-star and 55% are 1-star.

Does Kent Reliance or Handelsbanken have a better App?

Kent Reliance’s iPhone App is rated No Rating out of 5 based on No Reviews reviews. And it’s Android App is rated No Rating out of 5 based on No Reviews reviews.

In comparison, Handelsbanken’s iPhone App is rated 2.6 out of 5 based on 17 reviews. And it’s Android App is rated 1.6 out of 5 based on 6 reviews.

Does Kent Reliance or Handelsbanken have better business savings rates?

Kent Reliance offers the following types of business savings accounts: Easy access, Notice Account, Fixed rate, Business savings with interest rates ranging from 0.10% to 5.13%. (AER)

In contrast, Handelsbanken offers Instant Access, Fixed Term, Notice Savings accounts with interest rates ranging from No to No (AER).

See Other Comparisons:
Kent Reliance vs Anna
Kent Reliance vs Hampshire Trust Bank
Kent Reliance vs Mettle
Kent Reliance vs Monese
Kent Reliance vs Saffron Building Society


For other business bank accounts see our guide here.

 



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