Charges

For more detailed information on our interest rates and charges, please visit our rates and charges page.

Business Account Tariff - Our Business Account has one simple price plan 

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

1 Electronic payments include:

  • Direct Debits
  • Standing Orders
  • Faster Payments Debits
  • Internet/Phonebank Debits
  • Internet Bulk Payments

See the full account rates and charges (PDF, 1.1MB) and product terms and conditions.

Estimate with our calculator how much your business account could cost per month after the first year.

We do not charge for day-to-day banking on the following accounts: School Bank Account, Credit Union Account, Treasurer’s Account, Commercial Loan Servicing Account, Commercial Instant Access Account, Business Banking Instant Access Account, Business Instant Access Account, Commercial Pension Account, Commercial Undesignated Client Account, Commercial Designated Client Account, Commercial Segregated Funds Account, Commercial General Pooled Account. Information on charges for other services that apply to all accounts can be found in the relevant charges brochure.