Find out more
You are on Business
Our Business Current Account has one simple price plan.
There is 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 and out)
and credits in4
1 A fixed fee for operating your account2 Includes online, automated and debit card payments3 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.
If you already have a business account with us with a turnover of £0-£1m and want to move to a different business tariff you can complete our short online request form. If your turnover is £1-£25m and you have a named Relationship Manager please contact them directly.
Alternatively call us on 0345 606 0286 to talk to our business management team. We are available from 8am to 8pm Monday to Friday and 9am to 1pm on Saturday.
Tariffs no longer available
For customers who opened their account before 19 October 2015, one of the following price plans may apply.
*The owner of the machine may also charge you for this transaction. All LINK machines will give you an on-screen warning of charges, in advance, allowing you to continue or cancel the transaction.
† You will be charged an item fee for each individual payment that you make within a Bulk Payments batch. In addition you will also be charged for the debit made to your account for the total amount of the Bulk Payments batch – charged at the rate of a UK Sterling Direct Debit. For example, a batch of 10 payments will incur a charge of 10 x 15p for the individual payments as well as 1 x 40p for the Direct Debit to the account. This makes a total of 11 individual charges.
** This includes the use of debit cards to withdraw cash over branch counters and where a bank giro credit is paid using either a debit card or a cheque drawn on your account and processed as cleared funds.
Choose the tariff that best suits your business. How do you use your business account? If you prefer more traditional banking ways, like writing cheques, our standard Business Extra should suit you fine.
On the Electronic Business Tariff you can keep charges low with free transactions including debit card payments, Direct Debits, standing orders and Internet payments. Once you’ve registered for Electronic Business Tariff, you’ll get the benefits as long as you keep at least £1 in your account. However, if your balance falls below £1, you’ll pay the standard Business Extra charges on all transactions during the appropriate charging period (from the 10th of one month to the 9th of the next).
Commercial Tariff is suitable where cash and cheque are your primary transactions.
Talk to your Relationship Manager about what kind of account would be more suitable for your type of business.
†The owner of the machine may also charge you for this transaction. All LINK machines will give you an on-screen warning of charges, in advance, allowing you to continue or cancel the transaction.
‡ You will be charged an item fee for each individual payment that you make within a Bulk Payments batch. In addition you will also be charged for the debit made to your account for the total amount of the Bulk Payments batch – charged at the rate of a UK Sterling Direct Debit. For example, on Business Extra , a batch of 10 payments will incur a charge of 10 x 15p for the individual payments as well as 1 x 40p for the UK Sterling Direct Debit to the account. This makes a total of 11 individual charges.
Existing customers0345 300 0268
New customers0345 606 0286
Lost or stolen cards
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.
This site is intended for UK residents unless otherwise stated.
© Bank of Scotland plc 2015. All rights reserved
Find your way
Banking with us
Tailored to you
About Bank of Scotland
About this site
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
Find us on Linkedin
Keep up to date with the latest from Bank of Scotland business.
Follow us on Twitter
Receive news and product updates.