Is a Recognise Bank business account right for you?
Read real customer reviews below along with more information about the various banking services Recognise Bank offers to businesses.
Sections
Recognise Bank Customer Reviews
Review Summary
Recent Reviews
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Recognise Bank Reviews From Other Websites
Recognise Bank Trustpilot Reviews
Review Score (out of 5) | Percent 5-Star Reviews | Percent 1-star Reviews | Total Number of Reviews |
---|---|---|---|
4.60 | 77% | 5% | 539 |
Source: https://www.trustpilot.com/review/recognisebank.co.uk
Recognise Bank iPhone & Android App Reviews
App Type | Review Score (out out 5) | Total Number of Reviews |
---|---|---|
iPhone | No Rating | No Reviews |
Android | No Rating | No Reviews |
Source:
https://www.apple.com/uk/app-store/
https://play.google.com/store/apps
Recognise Bank Basics
Bank Type | Challenger |
FSCS Protection | Yes, up to £85,000 |
Branch Locations | None, online and phone only |
Card Type | None |
FCA Number | 849404 |
Online Banking | Yes |
Mobile Banking | No |
In Person/Branch Banking | No |
Customer Support Options
Phone Support Available | Yes |
Email Support Available | Yes |
Support Via Their App | No |
Web Based Support | Yes |
In person Customer Support | No |
Recognise Bank Business Account Types
Business Current Account | No |
Business Savings Account | Yes |
Business Credit Card | No |
Business Overdraft | No |
Accounts For Startups | Yes |
Accounts For Charities | No |
Accounts For Sole Traders | Yes |
Joint Business Accounts Available | Yes |
Opening A Recognise Bank Business Account
Can You Apply Online? | Yes |
How Long Does Opening An Account Typically Take? |
Few minutes |
Do They Check Your Credit? | Yes |
Current Account Switch Service | No |
Click to open a Recognise Bank Business Account
Recognise Bank Business Savings
Types of Business Savings Accounts | Notice account, Fixed Rate, Instant access |
Lowest Savings Rate (AER) | 3.15% |
Maximum Savings Rate (AER) | 4.50% |
Minimum Savings Amount | £1,000 |
Please note these numbers were accurate at the time of publication, but may have since changed. Click to here to see current Recognise Bank rates
Recognise Bank Fees & Charges
Free Business Bank Account | Yes |
Free Business Account Term Length | No Limit |
Cheapest Monthly Account Fee | No |
Most Expensive Monthly Account Fee | No |
Electronic Payment Cost (in/out) | Free |
Cash Payments Cost (in/out) | Free |
Cheques in/out | Free |
CHAPS Payments Cost | £15 |
SEPA Payments Cost | 25p |
Recognise Bank Foreign Currency Accounts
US Dollar (USD) Bank Account | Yes |
Euro (EUR) Bank Account | Yes |
Interest Paid On Foreign Currencies | Yes |
Other Currencies Available:
- CHF (Swiss Franc)
- AUD (Australian Dollar)
- CAD (Canadian Dollar)
- JPY (Japanese Yen)
- NZD (New Zealand Dollar)
- SGD (Singapore Dollar)
- HKD (Hong Kong Dollar)
Other Recognise Bank Business Services
Business Loans | Yes |
Commercial Mortgages | Yes |
Invoice Financing | No |
International Payments | No |
Merchant Services | No |
Card Machines | No |
Free Accounting Software | No |
Click to visit the Recognise Bank website
For other business bank accounts see out guide here.
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