Eligibility
You can apply for an account if you’re:
- a sole trader or the director of a limited company,
- at least 18 years old, and
- a UK resident
Check if you’re eligible for a Countingup account
Save time and money with a Countingup business current account for up to 2 of your businesses, subject to the eligibility criteria below and our terms and conditions.
Here’s an outline of businesses and industries we can and can’t support at this moment in time. If you meet this criteria, you can apply for a Countingup business current account, but it doesn’t guarantee that we’ll be able to offer you an account.
Business types we don’t support
- Partnerships
- Charities
- Community Interest Company (CIC)
- Charitable Incorporated Organisations (CIO)
- Trusts
- Company limited by guarantee/Private limited company by guarantee
Limited company accounts
To open a limited company account, your business needs to:
- be registered as active with Companies House
- be limited by shares
- have up to two directors, including yourself (we’re currently unable to support businesses with more directors)
- have all Persons of Significant Control be UK residents
- have all shares held by individuals, and not by a holding company or another business
Industries we don’t support
- Trading of weapons, explosives or armaments
- Trading in cryptocurrencies & NFTs (Non-Fungible Tokens)
- Stock Market/Forex Trading
- Money Service Businesses (such as foreign exchange, loan providers, money transfers)
- Gambling and betting activities including but not limited to; casinos, prize draws, lotteries, competitions
- Trading in precious metals and stones
- Trading in bullion
- Sale or trade of cannabidiol (CBD) products
- Activities of religious organisations
- Places of Worship
- Activities of political parties/organisations
- Social/Community Clubs
- Not for Profit services
- Escort services
- Adult entertainment services
- Regulated businesses where the applicant is unable to provide the licence required to operate
Additional requirements
Countingup is app-based and has no physical branches. To open and use your account, you need:
- a smartphone with the Countingup app installed (minimum supported version iOS 13+ and Android 6+)
- a UK mobile number
- an email address
- either a UK passport, driving licence or European ID card
‘Trading’ refers to all activities of the supply chain including sourcing, production/manufacturing, import/export, distribution, logistics, retail/wholesale and other associated activities.
How do I sign up?
- Download the Countingup app
- Share a few details about yourself and your business
- Complete your application in a few minutes
- Start accepting payments straight away
