# OakNorth Business — Business banking > Business banking app for growing companies, offering quick account opening and financial management tools. (iPhone/iPad app by OakNorth Bank plc.) - Source: https://appshunter.io/ios/app/oaknorth-business/id1633477300 (this page in markdown: same URL + `.md`) - Developer: [OakNorth Bank plc](https://appshunter.io/developer/1476387506) - Category: Finance, Business - Price: Free - Age rating: 4+ - Requires: iOS 15.1 · 58 MB - Languages: English, French, Spanish - Released: 2026-09-02 - Data updated: 2026-09-13 - Monetization: free - User reviews in markdown: https://appshunter.io/ios/app/oaknorth-business/id1633477300/reviews.md ## What is OakNorth Business? Need a bank account for your growing business? You’re in the right place. The OakNorth business account empowers companies to scale at speed. Apply via the app – it only takes 10 minutes. Available to companies registered in the UK. See the full eligibility criteria below. Why OakNorth? - Open an account in days, not weeks or months. If you run a group of companies or have several different business interests, you can open multiple company accounts as and when you need. - Earn interest on idle cash with a built-in easy-access savings account. You can also open a Notice account that tracks the Bank of England base rate, or choose a Fixed Term account and know exactly what you’ll earn. - Send and receive payments quickly and securely, even amounts over £1 million. - Spend fee-free with the OakNorth Visa debit card, and order as many cards as your team needs – at no extra cost. - Open additional current accounts instantly and categorise your funds however you like. - Add team members to your account, and set permissions for each user. - Assign your team the roles of requester or approver and set up a payment approval workflow to manage spending. - Set up bulk payments on web and track them in the app. - Sync your account with Xero, Sage or NetSuite to keep your transactions automatically up to date across platforms. - Get notified about all the important stuff: transactions, statements and account activity. - We’re big on security. Benefit from multi-factor authentication, biometrics, superior fraud detection systems and strong encryption. - Your own dedicated Business Partner – someone who knows you and your business so you never have to repeat yourself. - Manage your account seamlessly on both the app and web. Eligibility criteria You can apply for an account if: - Your company has an annual turnover of £1M or more, or deposits at least £100K. For property companies, assets exceed £1M. - You’re a director of one of the following: Limited Company, Private Unlimited Company, PLC, LLP, Overseas Company, or select Private Limited Companies. - Your company is registered and active with Companies House in the UK. - You’re a UK tax resident, registered with HMRC. - You’re aged 18 or over. If you have any questions or need help, contact our team by emailing businessdesk@oaknorth.co.uk. OakNorth is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority (under registration number 629564) and the Prudential Regulation Authority. Your eligible deposits with OakNorth are protected up to a total of £120,000 by the Financial Services Compensation Scheme. Registered in England (no. 08595042) at 57 Broadwick St, London, W1F 9QS, UK. ## Key features - Quick account opening in days - Earn interest on idle cash - Secure payment processing - Team management with permissions - Integration with Xero, Sage, NetSuite - Multi-factor authentication and biometrics ## Recent user reviews (3 of 3) All indexed reviews: https://appshunter.io/ios/app/oaknorth-business/id1633477300/reviews.md ### 1/5 — Locked me out *2026-07-18* Told me to change my passcode and take a selfie. App kept on crashing on the selfie screen. FFS. ### 5/5 — Great App; Great Team *2024-11-15* Business Banking app is no different to the Personal Savings app: easy-to-use and ever-reliant. ### 5/5 — Banking for Entrepreneurs *2023-09-19* I’ve just signed up with OakNorth as my business bank. The whole team has been hands on helping me to open my account and get set up. Looking forward to working closely with the team to offer my feedback! ## Frequently asked questions about OakNorth Business ### How long does it take to open an OakNorth business account? You can apply for an OakNorth business account via the app and open it in days, not weeks or months. The application process itself is designed to be quick, taking approximately 10 minutes. ### Can I earn interest on my business funds with OakNorth? Yes, OakNorth offers a built-in easy-access savings account where you can earn interest on idle cash. You can also open a 30- or 95-day Notice account that tracks the Bank of England base rate. ### What security features does OakNorth Business offer? OakNorth prioritizes security with multi-factor authentication, biometrics, superior fraud detection systems, and strong encryption. Your eligible deposits are also protected up to £85,000 by the Financial Services Compensation Scheme. ### Does OakNorth Business integrate with accounting software? Yes, you can sync your OakNorth account with Xero, Sage, or NetSuite to keep your transactions automatically up to date across platforms. This streamlines your financial management and reporting. ### Can I manage my team's spending with OakNorth Business? Absolutely. You can add team members to your account, set specific permissions for each user, and assign roles like requester or approver. This allows for the setup of a payment approval workflow to manage spending effectively. ### What are the eligibility criteria for an OakNorth business account? To apply, your company needs a turnover of £1 million+ or deposits of £100,000+. You must be a Director of a registered UK company, a UK tax resident aged 18 or over, and your company must be registered and active with Companies House. ### How often is OakNorth Business updated? The latest version of OakNorth Business is 1.69.0, and it was last updated on August 10, 2026. This indicates a commitment to regular updates and improvements for the application. ### Does OakNorth Business have ads? No, OakNorth Business does not contain advertisements. The app is free to use and does not display any ads, ensuring a clean user experience. ## Version history (last 5 releases) ### 1.73.0 — 2026-09-07 Just a few small tweaks to keep things running smoothly. If you have any feedback, let us know in the app. ### 1.72.0 — 2026-09-02 Just a few small tweaks to keep things running smoothly. If you have any feedback, let us know in the app. ### 1.71.0 — 2026-08-24 Just a few small tweaks to keep things running smoothly. If you have any feedback, let us know in the app. ### 1.70.0 — 2026-08-17 Just a few small tweaks to keep things running smoothly. If you have any feedback, let us know in the app. ### 1.69.0 — 2026-08-10 Just a few small tweaks to keep things running smoothly. If you have any feedback, let us know in the app. ## More apps by OakNorth Bank plc - [OakNorth Personal](https://appshunter.io/ios/app/oaknorth-personal/id1476387507) All apps by OakNorth Bank plc: https://appshunter.io/developer/1476387506 --- *Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-09-13.*