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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DAVID WRIGHT
United Kingdom | 07 January 2025

I needed a little help with a securities matter, Katie who was not actually working on the client file was able to step in and provide a much needed tangible update in a timely manner.

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Louise Bennett
United Kingdom | 07 January 2025

Great dealing with Agata - all done online and once I sat down to look at it all it was quite easy

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stuart duckworth
United Kingdom | 06 January 2025

Outstanding service and ongoing support from Lauren

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Ali Kamal
United Kingdom | 03 January 2025

I recently opened the account with Allica and found their customer assistance to be great. Was guided through the process all the way and whole thing went very smoothly Would highly recommend

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Worthwhile Accountancy
United Kingdom | 01 January 2025

Very good and personal service, proactive suggestions, an organisation that puts the client first.

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Peter Y
United Kingdom | 30 December 2024

Very prompt, knowledgeable and helpful service from our account manager Louise Read. Competitive products with user friendly online banking and app

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Xxx
United Kingdom | 21 December 2024

Shout out to Steve Grigg, Charlotte Corcoran & Ryan Beddoe Fabulous, personal, interacting with myself,extremely helpful when I had problems with the website. Very quick response, getting other team members involved for a quick solution. Excellent team work interaction & then completing the problem handing me over to the best personal relationship manager with the best skills ! Very impressed with this bank especially since the banks on the high street are closing. I didn’t have a barrier doing it online at all. Always someone there on hand to help.

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Michelle Emma
United Kingdom | 21 December 2024

We recently opened a business account with Allica Bank. Not only do they offer competitive rates, you get to discuss your requirements with a person not an computer! The whole experience from start to finish was brilliant thanks to Emily our account manger, who we can't thank enough. High Recommend 5* Experience

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J Thomas
United Kingdom | 18 December 2024

I recently opened a Business Rewards Account with Allica Bank, and the experience has been fantastic! The account opening process was smooth and quick, making it stress-free for me to get started. A special mention goes to Hope, who provided exceptional support throughout the application process. They made everything so straightforward and were always ready to assist with any questions I had. Thank you, Allica Bank, for such a seamless and professional experience. Highly recommend!

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Matt
United Kingdom | 18 December 2024

I only have positive things to say about Allica and especially Emily my Account Manager. I have several businesses set up with Allica, a commercial mortgage and I even have an account for the rugby club I am treasurer for. The service is the best I have ever experienced from a bank and you can actually get to speak to people that care, all wrapped up with technology that helps you use your account on a daily basis.

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Richard E
United Kingdom | 18 December 2024

Quick and easy to contact. I will not miss HSBC Business!!

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Tom Tiner
United Kingdom | 18 December 2024

The whole process from start to finish was brilliant. Hope was able to take me through the steps and understood the nature of my business so could offer the best advice. will definitely be keeping this account and setting up future ones with Allica.

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Andy Connacher
United Kingdom | 18 December 2024

Relationship Manager I can talk to about any issues, not a call centre. When I was told Allica pay interest on the current account and you have a Relationship Managerthere was no more to discuss. Emily has been true to her word!!

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ELLIOT C
United Kingdom | 18 December 2024

When deciding to open a new Business banking product, I kept seeing reviews of Allica Bank so thought I would try them. From the very first moment I was contacted by Agata, I realised it was a good choice. I was taken very calmly and clearly through the application process and nothing was too much trouble. Agata was polite, friendly and very knowledgeable. The products on offer are excellent and extremely competitive. I am looking forward to our journey with Allica.

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Peter Anderson
United Kingdom | 18 December 2024

superb service - which is very unusual in this modern world we live in !

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Chris Taylor
United Kingdom | 15 December 2024

Great online banking experience with ease of opening and seamlessly transferring from old account. Great savings rate and very low fees. Banking app functionality not great however - it’s very basic. Would like to be able to add the virtual card to Apple Pay and would like to be able to do simple things like categorising my transactions.

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Mark Barrand
United Kingdom | 14 December 2024

Great business bank

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NickW
United Kingdom | 14 December 2024

Good rate of interest on savings account

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David Taylor
United Kingdom | 13 December 2024

Very easy to get set up and running. Interface seems intuitive and easy to use. Customer services have been proactive. The open banking seems to work well, with transactions pulling into accounting software. Happy to recommend Allica Bank based on my experience to date.

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Elizabeth Hancock
United Kingdom | 13 December 2024

All currently going to plan but a bit more to do before the account is fully up and running. All interactions with staff have been very positive and we are looking forward to a long future together!

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