We've just moved to Allica Bank and the process couldn't have been more straightforward. We moved some money into the savings account just before the month end and were delighted to earn £20 interest... See more
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About Allica Bank
Written by the company
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.
Contact info
4th/5th Floor, 15 Worship Street , EC2A 2DT, London, United Kingdom
- 0330 094 3333
- customer.services@allica.bank
- www.allica.bank
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Quick, easy and a real person to talk to
I was recommended Allica bank by my accountant. I arranged a meeting with Ross who explained everything so well and answered all my questions. Having now opened an account Ross has been so helpful in setting everything up and I know he is there should I need any further assistance. The process was simple and straight forward. I look forward to the rewards that having this account will bring to my business and the time I will save when using it.
Maria Khan on during the onboarding was…
Maria Khan on during the onboarding was fantastic. A truly personal service which is a credit to Allica and the way they operate an old school relationship approach. Very refreshing given the way the other banks are going !
Trusted Partner Delivering Outstanding Business Savings Solutions
Dawn McLean at Allica Bank has been an absolute asset to both our firm and our clients.
She consistently delivers not only highly competitive interest rates on business savings, but also an exceptional level of service that is increasingly rare in banking. Dawn is proactive, responsive, and genuinely committed to achieving the best outcomes, she takes the time to understand each client’s needs and ensures the process is smooth from start to finish.
What really sets Dawn apart is her reliability and attention to detail. We have complete confidence when introducing clients, knowing they will be looked after with professionalism, care, and efficiency.
A fantastic partner to work with, highly recommended.
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Complicated to bank with
Complicated to bank with - too many clauses about how interest is and isnt earned. Dont waste your time - its a gimmick bank built on questionable fines when in credit. On top of that the App is rubbish and buffers and crashes.

Reply from Allica Bank
More like how banking used to be
We’ve now opened accounts for two companies with Allica Bank, and the experience has been consistently excellent.
The account opening process was straightforward and efficient, with everything handled smoothly from start to finish. What really stands out, though, is the level of service. The customer support team has been helpful and responsive throughout, and having a direct relationship manager gives us a clear point of contact whenever we need support.
Emails are always replied to promptly, and the whole experience feels refreshingly personal — more like how banking used to be, without the frustration of call centres and endless handoffs.
Overall, it’s been seamless and easy, and I wouldn’t hesitate to recommend Allica Bank to other businesses.
The way banking should be!
I was passed Craig's details by another business owner who was extremely happy with the service and product. I have since switched two business accounts and cannot recommend enough.
The process of application and switching is so simple and quick, Craig helped the entire time.
We have already received interest and rewards plus saved on charges from RBS. Cannot recommend Allica enough and Craig is a brilliant account manager - so refreshing!
Opened an account with this company and…
Opened an account with this company and wish we had of done it years ago
Steve Grigg made the whole moving process completely seamless
£600 interest the first month
Great bank for a growing business!!
We are a growing Business and needed a bank that wanted to grow with us. Allica has been exactly that.
The relationship we have with our account manager Craig is amazing, he is always available when we need him and the communication and his availably has been excellent.
We were with a high street bank before moving to Allica and the level of service change has been unbelievable and would highly recommend to anyone who is growing or scaling a business.
Really happy with Allica due to the Account Managers
Really happy with Allica especially our accountant managers Ryan Lerwill and David Crooke. The technology is really user friendly.
Banking with actual service
Banking with actual service - in person, telephone and email. Easy account setup, good app, great interest rate on savings, friendly and helpful staff - thank you.
The ease of setting up a new account
The ease of setting up a new account. Way quicker than most banks.
If there are any issues, there is a person at the end of the phone ready to help. Yes its by phone, but you have a dedicated account manager.
If you need the creteria for a allica bank moving is a no brainer.
Straight forward easy process to open a…
Straight forward easy process to open a new account. Liam was helpful and attentive from start to finish.
ALLICA ALWAYS I am very satisfied with all aspects…
I am very satisfied with all aspects concerning my saving account with Allica Bank. The process of opening the account is very straightforward so takes minimal time to complete. Communication regarding the account
is very good and dealt with promptly. I telephoned customer support to update my phone number, again everything was done swiftly, and the agent was kind, helpful and professional. I feel very positive and reassured in having a saving account with Allica.
The set up was effortless and we were…
The set up was effortless and we were kept up to date throughought the whole process. The functionality of the App is top tier and helps the directors of the business manage the various accounts and the interest rate on the monies is also fantastic.
Great onboarding experience
Steve Grigg looked after. us from start to finish. The onboarding was very easy and Steve talked us through every aspect, very happy so far. Really easy to use.
Very happy with the service received…
Very happy with the service received while opening our bank with Allica! Agata has been super helpful and kept me in the loop during the application!
Excellent Service and simple switch
The guys at Allica were there every time I needed them or to ask a question. Really good service and good responses. The switch from Barclays to Allica was really smooth.
New Bank Account
Thankyou Liam fantastic service. Quick efficient opening of a new account made simple with hands on help throughout the whole process. All other banks could learn from the Allica team.
Allica Bank were brilliant throughout…
Allica Bank were brilliant throughout our switch, even though our old bank was being quite awkward and caused a few issues. The team at Allica worked through the problem, and eventually identified that the issue was actually coming from our old bank. Really impressed with the support and how smoothly they managed the situation despite the challenges. Highly recommended.
Excellent service and very…
Excellent service and very professional. Great experience working with Satpal, extremely professional, attentive, and took the time to explain all my options clearly. They made the whole process smooth and stress-free. It’s rare to receive such attentive customer service, and I would definitely recommend them to others.
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