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

£8.50 after 12 months

Payment type

Electronic payments in2

Free

Payment type

Electronic payments out2

First 100 a month is 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 cash machine

£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

No credit interest is payable on these accounts.

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.

UK Finance business account opening guide

2Electronic payments include:

  • Direct Debits
  • Standing Orders
  • Faster Payments Debits
  • Internet/Telephone Banking Debits
  • Internet Bulk Payments