Metro Bank has launched a new account opening journey for small and medium sized businesses.
In Brief:
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The Business Account Online (BAO) journey will enable new customers to open accounts online.
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The process takes 15 minutes to set up and will be available 24 hours a day.
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It will use digital ID verification and approvals will happen online too.
What does this mean?
Netro Bank wants to make it quicker and easier for SMEs to set up bank accounts online. It launched the service in Beta mode last month and has now made it publicly available to all new business customers.
