To apply for a second business account you'll need to;
- Have a Countingup limited company account (active or closed) OR a sole trader account (closed)
- Be a Company Director and Person of Significant Control (PSC) for the company and listed on Companies House
- The limited company must have no more than 2 Persons of Significant Control (PSC)
Note: Sole traders cannot open a second business account as a sole trader. If you currently hold a sole trader account, you'll need to close it before you can apply to open a limited company account.