Commercial Foreign Currency Account

If you regularly pay or receive foreign currencies, a Commercial Foreign Currency Account can be an efficient way of managing your international trade.

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Our Commercial Foreign Currency Account provides flexibility to help to maximise international trade opportunities as you need to be able to hold foreign currency balances, receive and make international payments in numerous currencies to meet your global trading requirements.

Why open a Commercial Foreign Currency Account?

  • Choose from a wide range of foreign currencies
  • Simplify the payment and receipt of foreign currencies
  • Helps to manage exposure to exchange rate movements
  • Minimises foreign exchange costs
  • Transfer money from a Sterling business account to your foreign currency account
  • Chequebook available in most major currencies
  • Simple application process and no minimum balance required.
  • To apply for a Commercial Foreign Currency Account, you should:

    • already hold a Sterling business account with us
    • require the Commercial Foreign Currency Account for business use
    • be aged 18 or over
    • be a sole trader, partner or director.
  • Account

    Maintenance Fee

    Account

    Commercial Foreign Currency Account

    Maintenance Fee

    £60 per year (fee taken in two instalments of £30 charged in March/September)1

    1The Account Maintenance Fee will be debited from a related GBP sterling account and charged in March and September.

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International Business

Trading internationally can bring new benefits to your business. We’ll guide you through the next steps.