Get the most from your Business Account
Fund your account today and kickstart your business journey.
Don’t miss out on your Business Account benefits
1Businesses with an annual turnover of less than £3m can apply online and 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.
Your guide to getting started
Add money
Include your account details on your invoices to start getting paid directly into your account. Send funds from other accounts. And check out your other options to finance your start-up.
Make payments
Set up regular payments to your suppliers, start using a business debit card and lock in your own income payments.
Settle daily costs with a Business Debit Card
- Withdraw up to £700 of cleared funds per day.
- Ideal for on-the-go contactless transactions up to £100.
- Speed up deposit transactions at branches using your card.
Helping you manage and grow your business
Frequently asked questions
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Find out more about our Business Account fees and charges.
Payment type
Payment type
Introductory offer
No monthly account fee for 12 months if it’s your first business account with us
Payment type
Monthly account fee
£10 after 12 months
Payment type
Electronic payments in2
Included at no extra cost
Payment type
Electronic payments out2
Included at no extra cost
Payment type
Cash payments (in or out)
£0.85 for every £100 at an Immediate Deposit Machine / £1.60 for every £100 over the counter
Payment type
Cheques (in or out, any amount)
£0.85 at an Immediate Deposit Machine or through the app / £1.20 over the counter
Payment type
Credit paid in at branch or cash machine
£0.85
Payment type
Credit paid in at an Immediate Deposit Machine, Automated Deposit Machine, through the app
No fee
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
No credit interest is payable on these accounts.
See the full account rates and charges (PDF, 208KB) and product terms and conditions.
Estimate with our calculator how much your business account could cost per month after the first year.
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In-branch cash and deposit machines, for notes and cheques. Limits and charges will apply.
Other options:
- Withdraw cash, notes only, from any LINK ATM. Most don't charge a fee.
- Withdraw or deposit coins and notes at Post Offices or Banking Hubs. Limits and charges will apply.
- You can find out about your options on LINK's Cash Locator.
- Some locations charge a fee to make a withdrawal or deposit. If they do, it'll be clearly signed in store and on the machine. You'll be able to cancel the transaction if you don't want to pay the charge.
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We work with LINK to carry out assessments of places which might need better cash access services.
Concerned about access to cash in your area?
LINK may have already looked at your area and made a recommendation to make things better.
If not, you can request an access to cash assessment in your area.
Want to know how decisions are made about cash?
Find out more about LINK’s process.
Protecting your money
The Financial Services Compensation Scheme (FSCS) protects up to £120,000 of the eligible money you hold with us.