Swoop was created to ensure SMEs are in the best financial health possible. This means ensuring your small business is not wasting money unnecessarily – so getting the best deals on everyday business purchases is essential.
Swoop can save you thousands with our super-smart Open Banking technology. Simply register your business, quickly integrate your bank account, and you’ll have completely free access to our savings checker which will identify savings in the following key areas:
We have access to 72 business current account offerings across 16 banks. This means we can quickly and securely analyse your usage patterns to determine which bank you would be better off banking with, and whether additional accounts to manage specific transactions, for example deposits, would offer savings.
Most of our customers identify savings for their small business in this area. Our smart technology will quickly and efficiently calculate where you are overspending across these categories and provide the opportunity to switch.
We will calculate which FX provider or bank you should conduct for FX payments through. This is one of the biggest areas for potential small business saving, with an average of £6k saving per annum currently being saved per SME.
Once you decide which provider is for you then we help you to easily switch online or you can speak to one of our helpful advisers.START SAVING
An average SME will save upwards of £3k annually using our savings checker. It is secure, fast, and confidential. Swoop is FCA accredited and is a regulated Open Banking third party. For more information about Open Banking see our blog.
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