How to reduce your business bank charges in 2026 as a sole trader
Practical tips for the self-employed on choosing the right bank account, understanding fee structures, and avoiding unnecessary or hidden charges.
If you’re self-employed, you can usually use a personal bank account for business transactions. However, many sole traders still choose to open a dedicated business account to keep their finances organised.
This section explains when a separate account makes sense, how to choose one, and what to consider before switching banks.