Business Current Account
Earn 2.50% variable on balances up to £25,000, for the first 12 months.
Interest paid on every penny
Our interest rate is just for starters...
2.50% AER variable (2.47% gross p.a.) paid on balances up to £25,000.
0.25% AER variable (0.25% gross p.a.) on balances greater than £25,000.
LIMITED OFFER: Fee-free for the first 12 months. Reverts to £5 per month after 12 months. **
Make international payments in up to seven major currencies, with option to open EUR or USD accounts.
Free bulk payment processing.
Manage your account via and Online Banking.
Customise workflows for transactions requiring multiple signatories.
Is Business Current Account suitable for you?
Suitable for:
Businesses based in the UK and registered with Companies House, where applicable.
Sole traders, partnerships, limited liability partnerships and limited companies.
Businesses with up to 10 named individuals including Partners, Directors and shareholders. (Shareholders with a shareholding of 10% or more must be added).
Not suitable for:
Charities or Trusts
Non-UK businesses
Personal current account holders
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Apply nowImportant product information
2.50% AER* variable paid monthly at 2.47% gross p.a. on all credit balances up to and including £25,000.
0.25% AER* variable paid monthly at 0.25% gross p.a. on all credit balances above £25,000.
Interest will be calculated daily on the cleared balance in your account and added to the account balance monthly on your anniversary date from when you opened the account. If this falls on a weekend or bank holiday, your interest will be credited on the next working day.
Yes, the interest rate may change.
Please note that if we increase the interest rate of your Business Current Account issue, we may make the change immediately and notify you within a reasonable time afterward, either by email or on our website.
If we reduce the interest rate we will notify you 14 days before the change is made. If the Balance of your account is less than £100, we will not be required to give you notice ahead of making a change.
Read the for further details.
Business Current Account customers who are 18 or over and a UK resident can open an account online.
You will need:
Email addresses and phone numbers for any Ultimate Beneficial Owners with 10% or more, or any directors of the business (these details must be different to yours).
Your Unique Taxpayer Reference number (you can find this in your Government Gateway account/HMRC app).
You can only to manage your account and make payments.
For added security, when you use Online Banking, you’ll need to download and register our (available for free on Google Play or the Apple App Store) or request a Digipass®.
You will need access to the Authenticator App or Digipass® every time you login and make any actions on your account. This added security step helps us know that it is you making the transaction so we can keep your account safe.
Interest will be paid without deduction of tax. You will need to deduct tax yourself by declaring it as part of your annual tax return.
AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. Gross interest is the contractual rate of interest.
All are published on our website and Online Banking (available to customers with an existing product).
stands for annual equivalent rate and illustrates the interest rate if it was paid and compounded once each year. Gross interest is the contractual rate of interest.
. Offer available for new Business Current Account openings only. For details of ongoing fees and transaction charges, see Business Current Account Transaction Charges and Fees .
Terms and conditions apply. Subject to meeting the customer acceptance policy.
Ways you can contact us
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Email us
using our online form.
Phone us
0345 850 5555 (or +44 (0) 20 3375 6422 if you're calling from outside the UK)