To get you off to the best start, we’ll give you £50 and when you open a business account with us!*
Just use the code: WOOLWORTHS and spend £100 on your Tide card within one month of opening your account*
*T&Cs apply
1. Account Opening:
Users can open a Tide business account online through the app or website by providing basic information and uploading their ID. 2. Banking Services:
Tide provides a range of banking services, including:- Payments: Sending and receiving payments, including direct debits and standing orders, with a 20p transaction fee for transfers in and out of the account.
- Invoicing: Creating and sending invoices to customers, with built-in features like VAT calculation and automatic reminders.
- Accounting Software Integration: Integration with popular accounting software like Xero, FreeAgent, SAGE, and Kashflow.
- Expense Management: Tracking and managing business expenses through the app and debit card.
- Lending: Access to business loans and credit lines.
3. Payment Acceptance:
Tide's Acquiring and Payment platform allows businesses to accept payments from customers online or through their business premises. 5. Security:
Tide uses security measures like Application Programming Interfaces (APIs), strictly-tested software, and user control over data sharing, according to Tide. 6. No Monthly Fees:
Tide does not charge monthly or annual fees, but there are fees for specific transactions like ATM withdrawals and cash deposits. 7. ClearBank:
Tide's banking services are provided by ClearBank Ltd, a regulated financial institution.