Switch your business account
Switch to us for a simple business account and access to our bespoke products and services.
|
Payment type |
|
|---|---|
|
Payment type Introductory offer |
No monthly account fee for 12 months |
|
Payment type Monthly account fee |
£8.50 after 12 months |
|
Payment type Electronic payments in2 |
Free |
|
Payment type Electronic payments out2 |
First 100 a month are free / £0.20 each after that |
|
Payment type Cash payments (in or out) |
£0.85 for every £100 at an Immediate Deposit Machine / £1.50 for every £100 over the counter |
|
Payment type Cheques (in or out, any amount) |
£0.85 at an Immediate Deposit Machine / £1 over the counter |
|
Payment type Credit paid in at branch or ATM |
£0.85 |
|
Payment type Credit paid in at an Immediate Deposit Machine, Automated Deposit Machine, through the app |
Free |
|
Payment type BACS |
File submission: £5.50 BACS Item: £0.15 (a set up fee may apply) |
|
Payment type CHAPS |
£30 |
|
Payment type Sending and receiving money abroad |
|
|
Payment type Balances below £0 (going overdrawn) |
|
|
Payment type Other account services |
|
Switching to us is easy
The Current Account Switch Service makes switching current accounts from one UK bank or building society to another simple, reliable and stress-free. It is available to consumers, small businesses, charities and trusts and allows you to choose a switch date that suits you.
2Electronic payments include:
- Direct Debits
- Standing Orders
- Faster Payments Debits
- Internet/Telephone Banking Debits
- Internet Bulk Payments
**Apply online once your new Business Account is set up and you’ll get an instant decision. Eligibility for lending will be assessed as part of a separate application, and there is no guarantee of lending being granted. All lending is subject to status.
Independent service quality survey results
Business current accounts
Published February 2025
As part of a regulatory requirement, an independent survey was conducted to ask approximately 1,200 customers of each of the 16 largest business current account providers if they would recommend their provider to other small and medium-sized enterprises (SMEs*). 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.
*SMEs include businesses, clubs, charities and societies with an annual turnover/income of up to £25m (exclusive of VAT and other turnover-related taxes).
Ranking
The requirement to publish the Financial Conduct Authority Service Quality Information for Business current accounts can be found here.