• Switch to us

    A hassle-free switch with our dedicated switching team.

  • Key Features

    • 6 months free day-to-day business banking* when you switch
    • No charge for electronic payments when your free banking period ends
    • A guaranteed switch in 7 working days, from when your account is opened using the Current Account Switch Service (CASS)

    Call us on 0345 606 0286 or apply online now

    You’ll be looked after by our dedicated switching team, they take care of all the details so you can focus on running your business.

  • Pricing
  • Support
  • Easy ways to bank
  • Product offers for your business
  • Making the switch
  • Current Account Switch Service
  • The Current Account Switch Guarantee
  • Transfer of Payment Arrangement Service
  • How to start your switch

Pricing

  • Pricing

    When your 6-month free banking period ends, the simple pricing below will apply. There is 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 and out)
    and credits in4

    £0.65


    1A fixed fee for operating your account.

    2Includes online, automated and debit card payments.

    3Cash you pay into or withdraw from your account using our branch counter or deposit machine. We don’t charge for ATM withdrawals.

    4Credit 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 details of charges

    To find out what your likely monthly charges would be for the Business Current Account, use the Business Business Current Account calculator.

Support

  • Support

    You’ll 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 video to find out how Business KnowledgeBox could support your business.

  • Business KnowledgeBox [01:20]

Easy ways to bank

  • 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.

Product offers for your business

  • Product offers for your business

    • 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 can help you find the right business insurance and secure a competitive quote.
    • Accept card payments – Cardnet® allows you to take card payments in person, online or by phone.
    • Access to a range of international products and services, designed to help you trade with confidence.

Making the switch

  • Moving your account to us takes just seven working days, from when your account is opened. Our dedicated switching team offer a simple and reliable service.

    We can move everything for you with the Current Account Switch Service, or you can ask us to move individual payments and balances with the Transfer of Payment Arrangement Service.

Current Account Switch Service

  • Current Account Switch Service

    We will:

    • arrange for your old bank to close your previous account and transfer any credit balance to your new Bank of Scotland account
    • transfer all incoming and outgoing payments within the seven working day guarantee
    • redirect all payments to and from your old account to your new account for at least three years

    If anything goes wrong with the switch, as soon as we are told we will refund any interest or charges you have incurred on your old or new account as a result of a delay caused by us. This does not cover changes or interest resulting from required tasks you or your old bank do not complete.

The Current Account Switch Guarantee

  • The Current Account Switch Guarantee ensures your current account will switch on a working day of your choice. Your payments will be automatically transferred and redirected to your new account, and in the unlikely event you incur any charges on your old or new bank account due to an error or delay, you will be refunded in full when this is brought to our attention.

    For more information:

Transfer of Payment Arrangement Service

  • Transfer of Payment Arrangement Service

    You can:

    • specify the payments you would like us to transfer
    • ask us to transfer any outstanding credit and/or debit balance from your old account
    • choose whether or not you’d like us to arrange for your old bank to close your previous account.

How to start your switch

  • Online

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

    Apply now

    By phone

    Call 0345 606 0286

  • *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

    Mouse_Negative dark blue

    Apply now

    New customers
    0345 606 0286

    More information

  • Business Resource Centre

    Light bulb

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

    Find out more

  • Our commitment to Scottish business

    Info

    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

    People

    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