If we’ve contacted you to let you know you may need a limited company account, you can do this by following these 3 steps:
Step 1: You’ll need to open a second Mettle account by:
Go to the Home screen in the Mettle app and tap the button with your business name above your balance.
Select ‘Add new business’ and follow the prompts. Open your new account using your business details as appropriate, and selecting a limited company account when asked.
We’ll review your application and if approved we’ll let you know when your second account is ready to use.
Your second account will have a new account number and sort code, and we’ll also send you a new Mettle card. You’ll be able to use the same email address to login to your account.
Step 2: You’ll need to manually set up some aspects of your account again, for example:
Scheduled payments
Direct Debits
Invoices
Saved payees
Connections to accountancy software such as FreeAgent, Xero, Quickbooks
Provide anyone who needs to pay you with your new account details
We understand this may take some time, so we’ll keep your sole trader account open for 90 days after your new limited company account has been opened.
Step 3: We'll close your sole trader account 90 days after your new limited company account has been fully set up, so you’ll only have one limited company account with Mettle.