Setting Up a Bank Account

Your business will need a dedicated business bank account for your main trading activity.

You can choose who to bank with, however if you've not yet got a business account we'd suggest using HSBC for these reasons:
  • We work directly with HSBC to get your account opened very quickly.
  • No forms to fill out (you just have to sign them when they arrive in the post).
  • You banking transactions can be download directly from HSBC into Tempo (automatically).
  • It's free!  Totally free for 18 months and after this you only get small fees for cashing cheques etc. A;; electronic payment stay free.
What's the process for setting up a HSBC account?
  • Contact Tempo to let us know you'd like to open a HSBC account for your business.
  • We'll provide all the required account opening details directly to our contact at HSBC.
  • You'll receive a call from our contact at HSBC who will talk you through the new account.
  • The already completed forms will be posted to you for you to sign where marked.
  • Drop the signed forms into any HSBC brand along with your passport (or driving licence) and a utility bill with your address.
  • The next day your account details will be issued!