Business accounts

Dedicated banking to support your business

Our range of accounts target the individual needs of your business. If you're looking for convenient daily banking, we have the right account for you.

What you’ll need to open an account

We have worked with other providers of UK business banking accounts to help you prepare by agreeing a basic set of information that we’ll need from you. This guide applies to businesses that have a turnover of less than £6.5 million per annum.

View business account opening guide on UK Finance web site

SME growth charter

We have made a new set of pledges to help support small to medium-sized enterprises (SMEs) throughout the coming year, in our latest SME charter.

Compare our Business Banking products and services

See how our products and support services are rated by UK businesses in an independent survey

Business Banking Insight

Review alternative sources of business finance.

Independent service quality survey results

Business current accounts


Published August 2018

As part of a regulatory requirement, an independent survey was conducted to ask customers of the 14 largest business current account providers if they would recommend their provider to other small and medium-sized enterprises (SMEs).

Overall service quality

We asked customers how likely they would be to recommend their business current account provider to other SMEs.

Handelsbanken 84%
Metro Bank 73%
Santander 66%
Barclays 62%
Lloyds Bank 61%
Bank of Scotland 54%

* Free 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.

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.