Handelsbanken Business Banking

About Handelsbanken

Handelsbanken are a relationship-first bank built on sustainability and customer satisfaction. They are a Swedish bank, founded in 1871, providing individual and corporate banking services to customers inside and outside the UK.

See our full Handelsbanken business bank account review of features, fees and how they compare against other online and high street bank accounts.

Handelsbanken pros & cons

Pros of Handelsbanken

• Dedicated account manager
• International transactions in a range of currencies
• Network of branches throughout the UK

Cons of Handelsbanken

• Undisclosed monthly fee
• Critical customer reviews

Handelsbanken business bank account

Handelsbanken offer one current account with bespoke pricing:

• Business Current Account - provides an easy and secure way to manage your money, including a range of currencies you can bank in.

Eligibility

To be eligible for a Handelsbanken business account you must:

• Be a registered business
• Be a UK resident
• Be 18 or over
• Have a UK-based business

You will also need to provide the following:

• Identification for all directors/owners
• Proof of addresses for all involved parties
• Business name, address and registration information

Opening an account

Here's how to open a Handelsbanken business account:

1. To open online download Handelsbanken's app from the App Store or Google Play, or sign up from their website
2. To open in store find your nearest Handelsbanken, call to book an appointment & then head on in
3. Complete their application - Handelsbanken will confirm your eligibility
4. Verify your ID - with photo ID such as a passport or photocard driving licence
5. Once approved you can start banking

Handelsbanken business savings accounts

Handelsbanken offer existing customers business savings accounts in the form of instant access accounts, notice deposit and fixed term deposits.

Unfortunately Handelsbanken do not publish the interest rates of the savings accounts, you need to speak to an account manager for more information

Handelsbanken reviews

Handelsbanken score a poor 2.7 out of 5 stars on Trustpilot, from more than 120 reviews, with 52% giving them 1-star.

The Handelsbanken business app does better on the App Store with 2.7 stars, based on 19 ratings.

Worse on Google Play with an average of only 1.6 stars from 6 reviews.

Information correct as of 12th September 2024.

Frequently asked questions

It's not uncommon to have questions when looking in to business banking, especially for the first time. These are some of the most relevant questions for Handelsbanken: