Finance · 4 April 2017

Ben Towers convinced Metro Bank to give him a business bank account at 17

Ben Towers
Ben Towers is hoping his case will encourage other banks to better cater for young entrepreneurs
Having set up at 11 and now running a business with 30 staff, Ben Towers hopes getting a business bank account from Metro Bank at 17 will make it easier for fellow young entrepreneurs to do the same in the future.

When a family friend challenged Ben Towers to build them a website he probably had no clue that it would one day blossom into a business spanning the worlds of digital marketing and PR.

However, in the last seven years Towers Design has become a thriving Kent-based digital agency providing design, printing, website development and hosting services to a wide range of clients.

While his ability to attract customers has never been a problem, achieving financial service parity with older contemporaries has been. Until recently, Towers had been forced to conduct business from a children’s account something which he sees as unnecessary in today’s business climate.

without a business bank account I relied on clients paying my personal bank account. For most clients this was fine but some found problems with this due to security and duediligence and so it held us back when wanting to get paid, he explained.

when my original bank found out I was using achild’s account for business use they quickly objected and froze it. After fighting my case I managed to get the account back open until I was 18 where they expected me to open a business bank account with them until Metro Bank provided me with the’solution.

Metro Bank, one of a new wave of challengers that are disrupting the traditional banking space, stepped in to provide Towers with the account he needed to conduct his operations properly.

Ian Walters, MD for business banking at Metro Bank, said: Ben impressed us from day one. His mature attitude coupled with his business acumen was outstanding. By investing in our relationships, and meeting people on a one-on-one basis, we’re able to better consider the opportunities and challenges posed and make the right decision for each, individual business.

Now that he has a proper business bank account, Towers can get clients to make payments to the business name rather than to his own personal account. He is of the belief that, while services such as overdrafts will continue to be a problem for under-18s, young entrepreneurs should be able to get access to a debit account for their business.



Hunter Ruthven was previously editor of Business Advice. He was also the editor of Real Business, the UK's most-read website for entrepreneurs and business leaders at the helm of growing SMEs.

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