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You are on Business
Call us on 0345 606 0286 or apply online now
We do everything we can to make your first months in business as easy as possible. You'll get access to a range of support, with help available by phone, in branch or online.
This account is available for businesses with an anticipated turnover of up to £1 million.
18 months free day-to-day business banking*
When you’re starting your own business, every penny counts. In your first 18 months, you’ll get free banking that includes electronic payments, cheques, cash, deposits and withdrawals.
All we ask is that you operate your account within agreed limits, for example not going overdrawn without agreement.
When your free banking period ends, there’s a simple price plan with no charge for electronic payments, including withdrawing cash from a cash machine and paying by debit card.
Monthly account fee1
Electronic payments (in or out)2
(in or out)3
The first £1500 per month.
£1 per £100
Anything over £1500 per month.
£0.80 per £100
Cheques (in or out)
and credits in4
1 A fixed fee for operating your account.2 Includes online, automated and debit card payments.3 Cash you pay into or withdraw from your account using our branch counter or deposit machine. We don’t charge for ATM withdrawals.4 Credit in is a fee charged when paying in a credit of any combination of cheques or cash at the branch counter. We do not charge a credit in fee when you use an Immediate Deposit Machine or Night Safe.
Full terms and conditions
To find out what your likely monthly charges would be for the Business Current Account, use the Business Current Account calculator.
Your account comes with some quick and convenient ways to manage your business finances:
Business ToolBox is a collection of online tools including a library of legal information, accounting from Sage or FreeAgent, website tools, email and secure online storage.
Try these tools for 30 days with no obligation. No payment information is needed and you’re free to pick and choose the tools you need.
You’ll also have access to Business KnowledgeBox, our collection of online guides and reports on everything from financial planning and legal issues to understanding your customers. Written by industry experts, download instantly or receive them by email.
Watch our videos to find out which tools could support your business.
Support to run and grow your business
We have some great product offers designed for new businesses:
Complete our application form and one of our team will be in touch to talk about your application.
Call 0345 606 0286
When you apply
To qualify for this account you need to be a sole trader, partner or company director and be aged 18 or over.
You ‘ll need the following information to hand:
*Free day-to-day business banking includes electronic payments, cheques, cash, deposits and withdrawals. All we ask is that you operate your account in credit or within agreed limits. Free electronic payments include Direct Debits, Standing Orders, Debit Card transactions, Lloyds Banking Group/Other Bank ATM Withdraws and Internet Banking/Phonebank Debits/Credit inc. Bulk Payments.
~ 8 out of 10 relates to period April 2012 to November 2014 on Loans and Overdrafts.
Cardnet® is a registered trademark of Lloyds Bank plc.
New customers0345 606 0286
We're committed to helping Scottish businesses grow and develop by giving them the support they need – our Business Charter will tell you more.
Find out more
Could your business benefit from the support of a business mentor? MentorSME, a free online service, enables you to find local independent mentoring organisations.
Try financial and digital business tools for 30 days with no obligation, including business planning and accountancy software.
Let us support you. Access our range of online business tools and resources.
Calls may be monitored or recorded in case we need to check we have carried out your instructions correctly and to help improve our quality of service.
Please note that any data sent via e-mail is not secure and could be read by others.
Bank of Scotland plc Registered Office: The Mound, Edinburgh EH1 1YZ. Registered in Scotland no. SC327000.
Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under Registration Number 169628.
We subscribe to The Lending Code; copies of the Code can be obtained from www.lendingstandardsboard.org.uk
Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS). Please note that due to FSCS and FOS eligibility criteria not all business customers will be covered.
The Lloyds Banking Group includes companies using brands including Lloyds Bank, Halifax and Bank of Scotland and their associated companies. More information on the Lloyds Banking Group can be found at lloydsbankinggroup.com.
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If you would like to find out more about our products and services please call us on
0345 606 0286
If you have a business account with us, and would like to talk to a member of our business management team, please call
0345 300 0268
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