We need to open a business account for an adult entertainment business, can you help?
It has always been a issue to open a business account for an adult entertainment business, as most business bank account providers consoider these as high risk and therefore will decline any applications.
So opening a business account with a high street bank for any business relkated to adult entertainment will get declined, so it is advised to avoid wasting your valueable time by not applying with them.
The good news hopwever is that we do have some options that will accept almost any business that is involved with adult entertainment.
It is true that you will not have the luxury of choice as there are not an abundance of business account providers who are able to accept businesses in this category, but we certainly do have some that will.
There will be a number of things that they will insist upon, one of which will be that you have a genuine business and can demonstrate that to be the case.
If payments are made via credit or debit cards, that too will help with options, as depositing cash into any account could be problematic.
You could certainly expect to open a fully FCA authorised & regulated business account which offers you a UK sort code & account number, along with the usual online banking facilities, giving you full access to your account 24/7
Also, as these types of accounts are often processed using copies of ID documents, they can be opened very quickly and without the need for any face to face meetings, so all done remotely.
The key for all businesses is to be able to collect and make payments, so with such limited options available for an adult entertainment business, the most important thing is to ensure you have a business account which allows you to continue to trade.
To open a business account for an adult entertainment business, complete you details online and we will get abck to you with what is currently available and will work best for your business.
