🔄 How to switch business bank without blocking your activity in 2026?

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🔄 How to switch business bank without blocking your activity in 2026?

Fed up with hidden fees and unreachable advisors? You have decided to change institution. Good news: it's no longer an administrative nightmare. Provided you respect the order of steps to avoid rejected payments.

Heropay explains the method to switch your pro account:

  • undefined Never close your old account before opening the new one.

  • undefined Open your Heropay account in 5 minutes to get an immediate IBAN.

  • undefined Transmit these new details to HMRC and Tax authorities to avoid rejections.

  • undefined Inform your clients by email to secure your future collections.

  • undefined You can switch banks even with an ongoing loan elsewhere.

  • undefined Take advantage of the switch to remunerate your cash flow up to 5% at Heropay.

  • undefined Finally access instant financing (€1 deposited = €1 financed).

undefined How to switch business account: the 4-step method

Golden rule: Never close your old account immediately! You risk blocking your activity.

1. Open the new account first (Imperative)

This is the base. You need a new active IBAN / Account Number to start the transition. With a solution like Heropay, it takes 5 minutes:

  • Opening 100% online.

  • No physical appointment.

  • Immediate Local IBAN.

2. Migrate your Direct Debits (HMRC & VAT)

Warning: "automated banking mobility" works poorly for pros in many cases. You must act manually. Log in to your online spaces and update your bank details for:

  • The Tax Authority (HMRC, VAT, Corporation Tax).

  • Social Security / Pension schemes.

  • Your energy and telecom providers.

3. Secure your client collections

If you miss this step, your turnover will arrive on a closed account.

  • Update your invoices with the new IBAN.

  • Send a template email to your recurring clients.

Expert advice: Keep both accounts open for 30 days to allow time for the last cheques or transfers to arrive.

4. The closing letter

Once all flows pass through the new account: Send a registered letter to your old bank. Request the closure of the account and the transfer of the remaining balance.

Always leave a "cushion" of €50 on the old account to cover any final fees.

undefined Loans and Terminals: are we stuck?

It is the #1 fear of entrepreneurs. Rest assured, you are free.

undefined Can we leave with an ongoing loan?

YES. The bank cannot demand early repayment of the loan. The "domiciliation of income" clause is often negotiable. Concretely:

  1. Keep your credit in the old bank.

  2. Leave just enough to pay the installment.

  3. Migrate all your daily activity (flows, cash flow) to your new profitable business account.

undefined What to do with payment terminals (POS)?

If you rent your POS from the bank, you will have to return it. This is the opportunity to switch to modern solutions (SumUp, Yavin) compatible with your new online account.

undefined Why choose Heropay as your new main account?

Leaving your historic bank is the opportunity to modernize your management. Heropay is not a bank, it is a complete financial platform supervised by the regulator.

undefined A free offer that pays you (Hero X)

Did your old bank let your money sleep at 0%? It's over. Heropay offers remuneration on your cash flow:

  • 5% gross annual (the first 60 days).

  • Then an attractive rate of 0.5% (or 1.85% with the Pro offer).

Switching accounts becomes a profitable management act.

undefined Creating a new structure? Capital deposit made easy

If your bank switch accompanies a company creation (Ltd, SASU): Heropay handles everything via its Company Creation offer:

  • Drafting of articles of association and registration (via partner).

  • Deposit certificate of capital within 24h.

  • Immediate Local IBAN.

undefined Integrated financing (Exclusive)

It is the major asset. Heropay helps you launch with a unique offer: €1 of capital deposited = €1 financed extra. (Up to a limit of €1,000).

You also access fractional payment for suppliers and cash advance (up to 50k€) instantly.

According to Heropay, a modern financial partner should not just keep your money, it should finance your growth.

undefined Your last hesitations

undefined Do we risk losing history?

By closing, you will lose access to your old client area. Imperatively remember to download all your bank statements (PDF) before sending the closing letter. It is vital for your accounting.

undefined Are there closing fees?

Closure is legally free in most cases. However, some banks charge minimal "research fees" or management fees. Check your terms and conditions, but this remains marginal compared to the savings made.

undefined What documents to open at Heropay?

The procedure is 100% digital and fast:

  • An ID document.

  • A proof of address.

  • Your Company Registration (or draft articles if creation).