Business Current Account
Tailor the tools and support you need for your business
Simple business banking for new and established businesses
Whether you’re starting out or already trading, we have a simple Business Current Account to support your ambition – with dedicated business support when you need it..
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Treasurers' Account
- Free day-to-day banking* as long as you’re in credit
- Additional signatory access and presentation cheques available
- Withdraw funds as and when needed, without the need to give notice
- Access a range of deposit solutions and make the most of you surplus funds
- Guidance and support from our dedicated Business Management Team
- View and manage your account however it suits you
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School Bank Account
- Free day-to-day banking* as long as you’re in credit
- No charges for returning cheques recalled by the payer’s bank
- Access a range of deposit solutions and make the most of you surplus funds
- Guidance and support from our dedicated Business Management Team
- View and manage your account however it suits you
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Credit Union Account
- Free day-to-day banking* as long as you’re in credit
- Cheque and paying-in books available with additional signatories
- Cash deposits credited the same day with immediate access to all cleared funds
- Access a range of deposit solutions and make the most of you surplus funds
- Guidance and support from our dedicated Business Management Team
- View and manage your account however it suits you
Account for new businesses
For new businesses with a turnover up to £3 million, our Business Current Account includes:
- 12 months’ free day-to-day³ business banking¹
- Simple pricing and free electronic payments
- Business support available by phone, in branch or through online guides
Switching to Bank of Scotland
Switch to us for a simple Business Current Account that lets you focus on growing your business.
- Simple pricing and free electronic payments
- 12 months’ free day-to-day³ business banking²
- A guaranteed switch in 7 working days, from when your account is opened using the Current Account Switch Service
- Dedicated support from our UK-based business management team
¹ Applies to small businesses, including individuals setting up their first business bank account.
² Twelve months’ free day-to-day business banking for customers when switching from a business account held elsewhere.
³ 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, Bank of Scotland/Other Bank ATM Withdrawals, Internet/PhoneBank Debits/Credits, Faster Payment Debits/Credits, Internet Bulk Payments and Automated Credits.
Due to FSCS eligibility criteria not all business customers will be covered.
While all reasonable care has been taken to ensure that the information provided is correct, no liability is accepted by Bank of Scotland for any loss or damage caused to any person relying on any statement or omission. This is for information only and should not be relied upon as offering advice for any set of circumstances. Specific advice should always be sought in each instance.
*Free day-to-day business banking includes cheques, standing orders, cash, UK Sterling Direct Debits, deposits and withdrawals. All we ask is that you operate your account in credit or within agreed limits and don't go overdrawn without agreeing it with us first. Free electronic payments include UK Sterling Direct Debits, Standing Orders, Debit Card Transactions, Bank of Scotland/Other Bank ATM Withdrawals, Internet/Phonebank Debits/Credits, Faster Payment Debits/Credits, Internet Bulk Payments and Automated Credits.