What are the eligibility criteria for connecting an account to Tide?

To apply for access to Tide, you will need to meet our eligibility criteria outlined below:

You will need to hold a business current account with another banking provider, from which you are prepared to give Tide consent to access data. You will need to be the account holder of the above-mentioned account.

You’ll need to be aged 18 or above, have a valid UK phone number and hold a biometric-enabled device.

We’re on a mission to help business owners spend less time on money admin, and we want to enable as many small businesses as possible to do that. It’s a balancing act though, certain company types are more complex to onboard, so the scope of businesses we’re currently able to offer accounts to is a little more focused than your average high street bank.

We hope to broaden this scope as we grow, but currently, we’re unable to onboard the following types of companies:

• Trading of cryptocurrencies

• Trading of precious metals and stones

• Money services (such as foreign exchange, loan providers, money transfers)

• Casinos, prize draws and other betting or gambling activities

• Sale of unlicensed pharmaceuticals

• Sale or trade of cannabidiol (CBD) products

• Trading of weapons, explosives or armaments

• Unlicensed trading and processing of scrap metal

• Unlicensed waste management

• Sale, import and export of used vehicles or heavy machinery

• Escort services and other services in the adult industry

• Bidding fee auctions

• Modelling agencies

• Travel agencies

• Car wash services

• Political parties

• Charities

• CICs and CIOs

You can read more about this in our blog post: Providing financial security for our members.