Allica Bank

4th Floor, 164 Bishopsgate, EC2M 4LX, London, GB
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4.50
Based on 742 Reviews

5

85.71%

4

4.72%

3

1.75%

2

1.75%

1

6.06%
About Allica Bank

Allica is a bank built especially for established businesses with between 5 and 250 employees. A third of the UK’s economy depends on these businesses, yet they’re overlooked by the big banks with a service that is increasingly impersonal, inconvenient, and poor value. We're here to change that. Allica Bank is on a mission to give established businesses the banking they deserve. That means: a business current account that rewards business owners for using it. a relationship manager whose name and number they actually know. powerful tools and technology that make life easier, not harder. It’s proving to be a winning combination. Allica was named as Britain's fastest-growing private company in 2024’s The Sunday Times 100, and we’re also the fastest-growing fintech in the 26-year history of Deloitte’s UK Technology Fast 50 awards. Since we opened our doors in 2020, Allica has lent over £3 billion to established UK businesses and raised £4 billion in deposits. From our offices in Milton Keynes, London and Manchester, we’re offering business banking how it used to be, just better.

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Emjad Dubaissi
United Kingdom | 11 April 2025

Easy on boarding and flexibility with the criteria to open a new business account. Thank you Louise!

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Paul H
United Kingdom | 10 April 2025

Emily Hopkins at Allica Bank has been a breath of fresh air! It's like banking the way it used to be and still should be now. We have a relationship manager who is available when we need. The interest available for my business when using the easy access saver is far better than the high street banks and the app is really simple to use.

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Advance Screeding
United Kingdom | 10 April 2025

We always get a prompt response from our relationship manager and nothing is too much trouble.

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Jaume Escoda
United Kingdom | 10 April 2025

They are great!

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DL
United Kingdom | 07 April 2025

Pavi T has been very helpful in the onboarding stage and has answered any of the queries that I have with patience. Thank you for helping to guide through my application process!

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Janey D
United Kingdom | 05 April 2025

I've banked with Allica for a year now and have nothing but good things to say about them. Their rates are fair, their customer service excellent, what more do you need? One example - I recently had trouble logging in and their team gave me exact instructions on what to do -check the browser was the most up-to-date, clear cookies, etc, and it then worked fine. Very impressed and happy to recommend.

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Dave
United Kingdom | 05 April 2025

I was referred to Allica from my accountant and I haven't been disappointed. The information explained to me about the benefits by Simon was easy to understand and the account setup was seamless. The app is easy to use and I am now benefitting from the monthly savings. I would highly recommend Allica to my business partners.

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Lisa Vanner
United Kingdom | 03 April 2025

Wanted another Business Bank Account and Allica was recommended by our accountants. We have found the whole experience very easy and would definately recommend using them.

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Benito Sicorello
United Kingdom | 03 April 2025

Setting up an account with Allica was straightforward and Chris made the whole process painless. Having the personal touch of an account manager is great and something most banks don't offer.

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Maria Blyth
United Kingdom | 02 April 2025

Every time I need to speak to customer services at Allica I have nothing but praise to say. Staff are professional, friendly, informative & very helpful. All are articulate and have great communication skills. Excellent customer services.

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Luka H
United Kingdom | 02 April 2025

Opening an account with Allica Bank was refreshingly straightforward – the process was quick, easy, and hassle-free. As a busy business owner, I really appreciated the personal touch and attentive one-to-one support. A special shout-out to Fawad, who has been incredibly helpful, responsive, and supportive throughout – it's rare to get that level of service these days. The online banking platform is also very user-friendly, making it simple to manage everything efficiently. On top of that, the interest rates are genuinely attractive – it’s reassuring to see a bank offering real value for businesses. Highly recommend Allica to anyone looking for a business bank that combines great tech with real human support.

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Ed
United Kingdom | 01 April 2025

Been with Alica bank for 2 years excellent rates and great customer service

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Adam
United Kingdom | 01 April 2025

I decided to change banks after loyally being with one of the (now less visible) main high street banks which barely paid a bean on interest. Allica had mix reviews on Trustpilot, more good than bad, but still it did make me think twice! Then I had a couple of separate positive comments anbout it and thought I’d give it a go, The agent who took my call and saw the smooth transition through from start to finish. Any questions and he was on the end of the phone or text message, responding promptly. He then hands over the reins once the move has completed. Seemless and cathartic!

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Lee Munro
United Kingdom | 01 April 2025

Recently transferred my business banking to Allica, Emily Hopkins is my relationship manager, I was so impressed with her knowledge and help, she was amazing how she helped get my account open and support to get things set up and use the switching service, in this day and age, it is most unusual to get the help and ability to speak to someone who actually understands and cares, thanks so much Emily for your support, it was most appreciated. Switch was completed with ease and was impressed with the updates throughout.

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Michael
United Kingdom | 31 March 2025

Quick resolution! Thank you.

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Jonathan Taylor
Gibraltar | 27 March 2025

Easy step by step guide to set up new account with exceptional customer service who helped our business get set up without any issues. A refreshing change from our experiences with out business banking providers. Once set up competitive interest rate with added bonus for first six months, thank you.

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Spr
United Kingdom | 26 March 2025

We have just switched to Allicia Bank as we were unhappy with our current provider - the switch was so easy and we were up and running in a very short time - we can now earn interest at a great rate on our business funds without having to lock it away - customer service is great and Pavi was especially helpful - highly recommend

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Lucie
United Kingdom | 26 March 2025

Fantastic customer service. Have helped me massively in hard times and will continue to invest with them.

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Ian Hoole
United Kingdom | 25 March 2025

We have just moved our business account to Allica, easy to move, lots of help available. Our relationship manger is brilliant ( Katie Robert) so good to have a personal contact that understands. Very Impressed

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Simon Lambert
United Kingdom | 25 March 2025

Our experience with Allica Bank has been first class, from the outset our Relationship Manager, Katie Roberts has been incredibly supportive, and applied no pressure whatsoever. Setting up the account has been a very simple process, but still Katie has checked in to make sure all has progressed smoothly. The rewards are excellent and we are looking forward to the development of the account. I cannot recommend Allica Bank and Katie Roberts highly enough, keep up the good work!!!

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