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Contractor Banking

Many banks still don't really understand the world of Freelancers and Contractors. That's why, in partnership with Cater Allen Private Bank, part of the Santander Group, one of the 10 largest banks in the world, we have been able to negotiate an extremely attractive FREE banking package for our clients.

What are the benefits of opening an Account with Cater Allen?

Because of the close working relationship we have with Cater Allen, unlike walking into a high street bank, we will be able to open your account quickly and efficiently.

Their extensive experience working with Freelancers and Contractors also means that the Accounts and services offered to you have been specifically designed for your specialist requirements.

With its full internet banking service and 24/7 telephone banking, your bank account is always accessible to you.

Your telephone calls will be answered in person by a skilled client team based here in the UK!

Key Features and Benefits:

  • No minimum balance required.
  • Up to 30 free transactions per month.
  • Full Chequebook facilities, bill payments, standing orders, and direct debits.
  • Internet Banking.
  • Gold Visa debit card with no annual fee.
  • Funds may be held in sterling, euro or US dollar.
  • Attractive, tiered interest rates.
  • Multi-skilled Telephone Client Team, based here in the UK!
  • Free same-day transfers into other accounts held with Cater Allen.
  • Monthly/Weekly statements.

Please note that there is NO minimum balance required for our clients.

Open an Account:

To open a bank account please download and complete the application form along with the customer identification requirement form and send to (we recommend recorded delivery)

Banking Services
Freelancer Financials
Avondale House
262 Uxbridge Road
Hatch End
Middlesex
HA5 4HS

Please note that Cater Allen will not accept any direct applications, therefore please make sure you do NOT send them direct to Cater Allen.

Help for completing the application form:

  • Tick “Reserve account” on Part 1 of the application form and the currency you require the account to be in.

  • Please complete the business name to be shown on the account and contact details for this business bank account in Part 2.

  • Please complete Part 4 with home address details (full 3 year history) and personal bank account details for the authorised signatory (ies). CVIC is not relevant to applications made through Freelancer Financials, so leave that box blank but do send in customer identification.

  • Please complete Part 5 with the date, company name, and furthermore please also indicate how many to sign, if there is more than 1 one authorised signatory.

  • Please also remember to sign Part 7 (Authorised Signatory/ies).

  • For a Limited Company that does not have a Company Secretary, the application needs to be countersigned by a “witness” Part 8 (continued). The witness needs to also quote their full name and address where indicated. Please note the “witness” does not need to provide any identification documents.

  • Enclosing a cheque for £1 made out from a personal bank account (of each authorised signatory) to your company name will assist in the bank’s verification process.

  • Please note that any section containing crossings out or correction fluid will be returned for a “clean” version.


If you have any questions or need assistance completing the forms please contact us on 020 8421 7998.

Please Note: Financial advice on these pages is provided by Freelancer Financials, who is a trading name of Mortgage Quest Ltd and is regulated and authorised by the Financial Services Authority.

Please read our Client Agreement. and Initial Disclosure Document (IDD).