Business current account

Whatever your business context and growth ambitions, we have the tools, products and proven expertise to help you achieve your goals.

Ready to apply?

Please call us to apply for our business current account.

We are available Monday to Friday - 7am to 8pm and Saturday -  9am to 2pm except on UK bank holidays.

0345 300 1319

Easy ways to bank with us

  • Access your account your way via online, telephone or mobile app
  • Everyday support through personalised account alerts
  • Designated Relationship Manager to help and support your business

Products to support you

  • Range of borrowing and saving products to help you grow
  • International team can help you expand overseas with confidence
  • Accept card payments in person, online or by phone with Cardnet®

Why Bank of Scotland?

  • Customised tariffs designed to complement how you bank
  • Committed to making your business more sustainable
  • Bespoke guides and reports to support your business

Business Current Account tariffs

Business Extra Tariff

With our Business Extra Tariff, you’ll be charged for each transaction. If you plan on using a mix of cash, cheque and electronic payments, this may be the more cost-efficient option for your business.

  • Reduced charges on in-branch transactions

Electronic Business Tariff

With our Electronic Business Tariff, you’ll only be charged for in-branch transactions. If you plan to mostly make electronic transactions each month, this may be the more cost-effective option for your business.

  • Free electronic transactions

Is my business eligible?

To apply for a business current account, you should:

  • have an annual turnover above £3m or have complex banking requirements
  • require the account for business use
  • be a sole trader, partner or company director
  • be aged 18 or over

Need to know

We have worked with other providers of UK business 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.

Current Account Switch Guarantee logo

Switching your business account to us

A guaranteed switch in 7 working days, from when your account is opened using the Current Account Switch Service.

More about switching
FSCS logo

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.

Independent service quality survey results

Business current accounts


Published February 2021

As part of a regulatory requirement, an independent survey was conducted to ask approximately 1,200 customers of each of the 14 largest business current account providers if they would recommend their provider to other small and medium-sized enterprises (SMEs2). The results represent the view of customers who took part in the survey.

Overall service quality

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


View the full set of results

The requirement to publish the Financial Conduct Authority Service Quality Information for Business current accounts can be found here.