• Current Account for New Businesses

    Simple banking, dedicated support

  • Key Features

    • 18 months’ free day-to-day business banking*
    • Simple pricing with free electronic payments
    • Business support available by phone, in branch or through online guides

    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.

  • Pricing
  • Easy ways to bank
  • Support and tools
  • How to apply

Pricing

  • 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.

    Simple pricing

    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  

    £6.50

    Electronic payments (in or out)2

    Free

    Cash payments
    (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  

    £0.65

    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.

Easy ways to bank

  • Your account comes with some quick and convenient ways to manage your business finances:

    • Internet Banking – gives you a secure way to access and manage your accounts 24 hours a day**, including making payments and transfers.
    • Telephone Banking – lets you look after your day-to-day banking by speaking to one of our business management team or using our round the clock automated service.
    • Mobile Banking and Text Alerts – register to keep track of your accounts while you’re on the move.
    • In branch – our branch staff are always happy to help with your day-to-day banking.

Support and tools

  • 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:

    • We offer all kinds of financial support, from business loans and hire purchase to overdrafts, invoice finance and charge cards. We approve 8 out of 10 lending applications ~.
    • Business insurance – leading UK broker Arthur J Gallagher searches a wide range of insurers to find the right cover for the right price. Our customers can choose to benefit from a 2-year fixed premium with selected insurers.
    • Accept card payments – Cardnet® allows you to take card payments in person, online or by phone. There is no joining fee, card terminals starting at £15 per month and a 1.25% transaction charge (with a minimum £15 monthly charge).

How to apply

  • Online

    Complete our application form and one of our team will be in touch to talk about your application.

    Apply now


      By phone

    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:

    • contact details for you and your business
    • personal details of your partners / directors (if applicable)
  • *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.

  • Apply

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    Apply now

    New customers
    0345 606 0286

    More information

  • Our commitment to Scottish business

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    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

  • Business mentoring

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    Could your business benefit from the support of a business mentor? MentorSME, a free online service, enables you to find local independent mentoring organisations.

    Find out more

  • Business Tool Box

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    Try financial and digital business tools for 30 days with no obligation, including business planning and accountancy software.

    Find out more

  • Business Resource Centre

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    Let us support you. Access our range of online business tools and resources.

    Find out more