Treasurer’s Account

If you represent a non-profit organisation then let us take the hassle out of your banking so that you can spend your time on what matters most.

We are currently receiving a high number of Business Current Account applications, so it may take us longer than usual to open your account. After we receive all required information, your account should be open within 4 weeks.

Please note, new customers cannot open a Business Current Account to access the Recovery Loan Scheme. To be eligible for the Recovery Loan Scheme you must be an existing Bank of Scotland business customer for a minimum of 12 months.

Ready to apply?

In order for us to point you in the right direction we need to ask you a question.

We're sorry

To be eligible for the Recovery Loan Scheme you must be an existing Bank of Scotland business customer for a minimum of 12 months.

Take a look at our Coronavirus help page for other useful resources and answers for frequently asked questions.

Registered Charities

If you are a registered charity, trust or parish council please call us to apply for a Treasurer’s Account.


Switching a Treasurer’s Account

We’ve taken the difficult decision to temporarily stop accepting Treasurer’s Account applications from customers looking to switch their banking to us.

This is undoubtedly going to cause a level of inconvenience, but please be reassured that we’ll reinstate the ability to accept new account applications for switching at the earliest opportunity. Thank you for your understanding at this time.

Features and benefits

  • Free day-to-day banking1 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


To apply for a Treasurer’s Account, you should:

  • be a non-profit organisation
  • require the account for business use
  • be a sole trader, partner or director and be aged 18 or over
  • have annual business turnover under £50,000 (for organisations with a turnover above £50,000, please see our Business Account for new businesses)

Need to know

The following guide brings you the essential details and documents you will need to open your account. This guide applies to businesses that have a turnover of less than £6.5 million per annum.

Financial Services Compensation Scheme

Eligible deposits with Bank of Scotland plc are protected up to a total of £85,000. Due to FSCS eligibility criteria not all business customers will be covered.

1Free 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.