AI-powered Google Reviews Widget - FREE
Free Google reviews widget for your website
Increase sales, trust and credibility with ai.
Mike, Adam and another 21,516 have joined the waitlist.
Allica Bank Limited logo

Allica Bank Limited Reviews

Rated 3.5 based on 56 Reviews

4th Floor, 164 Bishopsgate, London EC2M 4LX

Banks London

Published on
July 28, 2025
Last updated
July 28, 2025

Reviews Summary

The overall sentiment in customer reviews for Allica Bank’s business banking service is mixed. Several reviewers report significant frustrations with onboarding, communication, and inconsistent requirements for documentation, highlighting slow processes, lack of clarity, and unresponsiveness, especially during app transitions or account setup. However, some customers mention satisfactory switching experiences, cash-back, and responsive staff, indicating pockets of strong performance alongside ongoing issues.

Frequent review themes include complaints about onboarding delays, difficulty obtaining clear lists of required documents, and lack of communication during account set-up or technical changes. Certain staff members, including Maria Khan and Agata Rinkeviciute, receive praise for being knowledgeable and supportive. Customers value integrated features like business savings rates and transaction rewards, but also highlight the absence of efficient app search functions or software integrations like Xero that impact daily operations.

Overall, Allica Bank is regarded as a business banking option with notable strengths in staff helpfulness and product incentives, but also recurring operational and communication difficulties. In the UK market, the bank’s business offering appeals to those prioritizing competitive rates and personal service, while its onboarding, technology, and administrative processes may require closer scrutiny for prospective clients.
Read more

What Customers Are Saying About Allica Bank Limited?

couldn't be happier

the people are amazing

very responsive

I have the best BDM (Charissa Chang)

friendly helpful service and ease

amazing help and support

App is very user-friendly

we couldn't be happier

money actually coming back in every month

knowledgeable assistance of an extremely helpful and understanding individual

Trustguide extracts key phrases from reviews about Allica Bank Limited and sort them by sentiment. This gives you a quick view of what customers consistently praise or raise concerns about—without needing to read every review.

Satisfaction Score

Based on the set of reviews used to generate this report, it appears that 40% of Allica Bank Limited's customers had a positive experience.

Positive
40%
Neutral
10%
Negative
50%

Allica Bank Limited Ratings

1

As of Based on 56 revies as of Jul 28, 2025

Allica Bank Limited Score

40%

As of Based on 56 revies as of Jul 28, 2025

Got a busrning question about Allica Bank Limited?

Claim your profile. Tell the world about your key services, industry customers, or other valuable information.

Customer Reviews

As of Jul 28, 2025, 56 customers have reviewed this business and rated it 3.5 Star out of 5. Trustguide conducted an in-depth analysis of Allica Bank Limited's publicly available reviews View source

Mike rated Allica Bank Limited 1 stars
3 months ago
Worst experience I've ever had with a bank. It's a shame I have to give them even 1 star. We wanted to set up an account with them. Their relationship manager said this could be set up within days but then strung us along for weeks, asking for this, that and the next bit of documentation, with no clear indication of 1 full list of what they needed. Once we (my business) provided all the needful, they rejected our application because they didn't have the 'risk appetite'.......If an Education business is too risky, I fear they are either wasting peoples time or using the process to access confidential business information. I would not trust this bank and i would definitely not waste your time!
Carolina Ochoa rated Allica Bank Limited 1 stars
4 months ago
The worst experience I’ve ever had with a bank. Since they updated their branding and reset the app, I’ve been completely locked out of my own account and unable to process salary payments. I contacted them immediately, but no solution has been provided. They promised to get in touch, yet I haven’t heard anything back. My emails go unanswered, and they don’t even pick up the phone. This level of service is unacceptable, especially when it affects my ability to manage critical financial tasks.
Chux Okafor rated Allica Bank Limited 1 stars
4 months ago
The most unprofessional and incompetent banking onboarding service I have ever experienced. Maria Khan was both rude and belligerent in her questioning claiming our current service provider is not a bank whilst demanding we provide things Allica was informed from the very beginning were either not available or non existent. Dragging what should be a relatively simple process out for over a month. They claim to be "different" from existing providers but in reality are more of the same if not worse in many respects. My view, Avoid.

Frequently Asked Questions About Allica Bank Limited

How long does it take to open a business account with Allica Bank?

Review experiences are mixed: some customers report fast processing within 24 hours, while others mention onboarding taking weeks due to unclear document requirements or follow-up questions. Providing all requested documentation promptly may help speed up the process.

Does Allica Bank have good customer support during onboarding?

While some customers report helpful and supportive relationship managers by name, many others raise concerns over slow communication, repeated document requests, and unclear instructions during account setup. Experience may vary depending on the staff member assisting you.

Is Allica Bank’s business app integrated with accounting software?

Not all account types are supported by integrations. For example, the Business Easy Access Savings Account is not supported by Xero, which some customers found unclear. You may need to import transactions manually for certain accounts.

About Allica Bank Limited

Banks
Allica Bank is a financial institution specializing in business banking services for companies in the UK. Its primary offerings include business current accounts, business loans, and savings products, catering to businesses ranging from established companies to those experiencing growth. The bank delivers services through digital banking platforms and relationship managers.

The company operates by combining digital efficiencies with human support. It uses an online application process for account set-up and offers integrated features such as cash-back on transactions and business savings rates. Allica Bank also employs relationship managers and support staff to assist customers, emphasizing both online tools and personalized guidance throughout the onboarding and account management processes.
Expand

How is this report generated

Trustguide generates concise, neutral summaries of business reviews. By analyzing publicly available feedback from reputable platforms, it highlights common experiences, praises, and concerns. This allows users to quickly understand a business’s reputation without reading every individual review.4o
Own this business? email us at hello@trustguide.ai.
3056803822258639132
Show your best reviews to your future customers
95% of your customers read online reviews. Make it easy for them.
Mike, Adam and another 21,516 have joined the waitlist.