Business Banking eligibility criteria applies*
Business Banking eligibility criteria applies*
1 Free banking means no account maintenance fee and free standard transactions on your primary account, any additional or secondary accounts will be charged in line with your choice of Small Business Tariff or Electronic Banking Tariff.
2 After the initial 12 month period, the annual fee for each Commercial Card is only £32. Commercial Cards are available for you and your employees (subject to status).
3 Arranged overdraft available subject to status and application.
4 After 18 months, account maintenance fee will be £6.50 a month and you’ll be able to pay in up to £3,000 cash per month free (we’ll charge 0.50% of the value of cash paid in over this limit) and all other standard transactions will continue to be free.
Manage your expenses
Business Debit Cards are available on request to you and your employees.
Keep control of your day-to-day spending. Boost your cash flow and fully protect your transactions against fraud.
Commercial Cards are available for you and your employees (subject to status)
Bank on the go with our app
Run your business from the palm of your hand. Make payments, view balances and transactions and manage standing orders and direct debits. Device restrictions may apply.
Seamless invoicing, tax and VAT
Sync your online business bank account with Xero, QuickBooks® or Sage
International payments for over 60 currencies
Starting from just £4*
Simplify foreign exchanges
Open Euro, USD or other Foreign Currency Accounts for £5 (or currency equivalent) a month
Achieve your ambitions
We offer a range of lending options to help you grow your business**
Bank 24/7 online
Mobile app
Virtual assistant
Live Chat
Text alerts
Telephone banking
Convenient access
Visa debit cards
Mobile cheque deposit
Cheque book on request
Bank in branch or in over
11,500 Post Offices
Support
Specialist support
Digital exchanges
UK-based telephone support
Credit & borrowing
Commercial card
Arranged overdraft (subject to
status and application)
Small Business Loans from £1,000
to £25,000 (subject to status and application)
International payments
International payments from £4*
Foreign Currency Accounts
for £5 (or currency equivalent) a month
View more Full Business Price List pdf
Online banking
Live Chat
Virtual Assistant
Mobile app
Text alerts
Telephone banking
Convenient access
Visa debit cards
Cheque book on request
Bank in branch or in over
11,500 Post Offices
Support
Dedicated Relationship Manager
Specialist Support Teams
UK-based telephone support
Credit & borrowing
Commercial card
Arranged overdraft (subject to
status and application)
Business loans (subject to status and application)
Specialist financing solutions
Additional banking platforms
International payments
International payments from £4*
Foreign Currency Accounts
for £5 (or currency equivalent) a month
View more Full Business Price List pdf
*Subject to charges and eligibility
Our introductory offer helps you find your feet
Monthly fee | Free |
Payments online (made via Business Internet Banking) | Free |
Debit card payment | Free |
Cash deposit in branch and Post Office® | Free |
Cheque deposit in branch and Post Office® | Free |
£6.50 a month and free standard banking**
Monthly fee | £6.50 |
Payments online (made via Business Internet Banking) | Free |
Debit card payment | Free |
Cash deposit in branch and Post Office® | Free** |
Cheque deposit in branch and Post Office® | Free |
View more Business Price List
**Deposit up to £3,000 cash per month for free. 0.5% of the value deposited thereafter
Move onto your chosen tariff
(best if you mainly bank online or by phone)
Monthly fee | £6.50 |
Payments online (made via Business Internet Banking) | Free |
Debit card payment | Free |
Cash deposit in branch | 1.1% of value deposited |
Cheque deposit | 50p |
(best if you mainly handle cash or cheques)
Monthly fee | £6.50 |
Payments online (made via Business Internet Banking) | 40p |
Debit card payment | 25p |
Cash deposit in branch | 0.7% of value deposited |
Cheque deposit | 40p |
View more Business Price List
Choose between two simple tailored tariffs
Small Business Tariff
Electronic Banking Tariff
As one of the few banks offering Bounce Back Loans to businesses that aren’t our customers, we’ve been inundated with requests to open accounts. As a result, the wait times for new accounts are significantly longer than they were pre-Covid19.
We are happy to continue processing new account applications, but we wanted to let you know about the increased processing times – so you can make an informed choice.
Don’t worry, we’ll review your account every year to ensure you’re always on the best tariff for your business. You can also change tariffs anytime, just tell us.
Business Banking customers are determined by customer needs, agreed at the start of their banking relationship with us. They’re typically businesses and not for profit customers with an annual turnover of up to £10m. If your turnover is above £10m, please visit out Corporate Bank Account page.
If your business already has an account with a different bank, you should use our Switcher account.
To apply you’ll need
Business details:
Personal details from you, plus any partners or directors:
After you submit your application, we will try to identify you online. If we're unable to identify you, we'll ask you to provide some proof of your identity and address. You can either do this ia a smartphone or webcam, or by taking the documents to your nearest branch.
Even if you’re an existing customer, you’ll have to re-enter your details. For privacy reasons we can’t reuse the details from your personal account.
You can apply online or over the phone. You can also login to your personal account and book an appointment at your branch.
If your turnover is below £2m, the best way to apply is online
If your turnover is between £2m and £10m, you won’t be able to apply online – you can
apply via phone on 0800 731 8904.
As one of the few banks offering Bounce Back Loans to businesses that aren’t our customers, we’ve been inundated with requests to open accounts. As a result, the wait times for new accounts are significantly longer than they were pre-Covid19.
We are happy to continue processing new account applications, but we wanted to let you know about the increased processing times – so you can make an informed choice.
If your turnover is less than £2m, yes, you can:
Applying online is easy. You can:
If your turnover is between £2m and £10m, you will need to apply by phone on 03457 60 60 60.
Yes. You need to be able to provide details of other applicants, such as additional directors and shareholders, as part of the online application process.
To add another signatory after your account has been opened, please complete a secure online form: Request to Add or Remove Signatories from an Existing Mandate. After you’ve submitted your online form, you simply need to download and print a copy, follow the signing instructions and return the signed form via the freepost address provided.
Yes. Once your application has been saved, we send you an email with your application reference number. You’ll need it to log back in.
To see how your application is progressing, you can log in and resume your application.
We’re very proud that Euromoney named us the world’s best bank for SMEs in 2019.
The best business relationships are face-to-face. Come speak to us in person.
You can speak to our UK-based customer service representatives 365 days a year†
Marketing is about much more than just promoting your business. Use this checklist to start developing your marketing plan.
Whether you want to raise funding or to understand the best opportunities for your business, a business plan is essential.
Keeping accurate financial records is a legal requirement and are essential for understanding your business. Find out more with our guide to book-keeping.
Starting a business or expanding into new markets? Discover tools, tips and articles to help you reach your ambitions and fuel your growth.
*HSBC will convert currency at our quoted daily rate and for our international payment costs (send/receive) see the Business Price List (PDF)
**All loans and overdrafts are subject to status and application
† To help us continually improve our service and in the interests of security, we may monitor and/or record your telephone call. All personal data will be stored in line with our Privacy Notice
Please be aware that the external site policies will differ from our website terms and conditions and privacy policy. The next site will open in a new browser window or tab.
Please be aware that the external site policies will differ from our website terms and conditions and privacy policy. The next site will open in a new browser window or tab.