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Banks that will accept a UK gambling related platform

Discussion in 'General Entrepreneur Discussion' started by Damien Scott, Sep 14, 2018.

  1. Damien Scott
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    Damien Scott PARKED

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    My business idea (related to betting) is starting to take shape. Though as I started to look at options for my business account I realised that most UK banks do not do business with companies associated with gambling.

    The website itself is not collecting bets, or even placing bets as an intermediary. However it is a fully dedicated site to gambling, will show bets that have been placed by other people, and has a premium mode to unlock certain features.

    Although it is not taking bets and therefore will not require a gambling licence, I am still having trouble finding a bank that would accept me.

    Any tips on small banks that would be willing to take on my company, or setting up a business account in another territory? Would be greatly appreciated!
     

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