Bank Account Type

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New Member
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Hi there,

 

I would just like to know if it is compulsory to make payments into a Business Checking Account when setting up Shopify Payments UK? Am I able to using a personal checking account? My business is new and I dont as yet have a full checking account set up as I am abroad currently. I do however have a Business Transferwise Account.

 

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Shopify Staff
Shopify Staff
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This is an accepted solution.

Hi, @SandySG!

Thanks for getting in touch with us about this. You can definitely use a personal account but you'll want to ensure the bank account meets the following requirements for use with Shopify Payments in the United Kingdom.

  • Merchant's in the United Kingdom must have a full checking account
  • The bank account must be with a physical bank in the United Kingdom
  • GBP currency
  • Eligible for FPS transfers

We also have a new regional hub for merchants getting started in the United Kingdom here. It is a place for community members to discuss topics and ask questions related to running a business in the UK. I hope this helps! Please let me know if you have any other questions.

Oliver | Social Care @ Shopify 
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Thanks for your quick reply. Much appreciated!
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