How do I open and manage my account?
Small Business Banking and Business Banking Customers.
How to open the account:
Open online, or call us today on 03457 60 60 60 to open the account over the telephone. A Business Specialist will be able to discuss this further.
Or if you prefer to speak to someone in branch this can also be arranged, an appointment can be made by calling 03457 60 60 60.
Lines are open Monday to Friday, 8:00am to 8:00pm and Saturday, 8:00am to 2:00pm (subject to change over certain periods).
- No minimum deposit
- No maximum balance
How to manage the account:
Once opened you can manage your account online, in branch or by phone.
Can I withdraw money?
Yes, you can make as many withdrawals as you like in line with the Business Money Manager Additional Conditions. No notice is required. If you take money out of your Account, your interest rate may change.
If you take money out when we’re paying you interest at our 30+ Day Rate:
We’ll pay you at our Instant Access Rate on the cleared balance of your Account from the day after you make the withdrawal. You’ll start getting the 30+ Day Rate again once 30 days pass without you taking money out.
If you take money out when we’re paying you interest at our 60+ Day Rate:
We’ll pay you at our 30+ Day Rate on the cleared balance of your Account from the day after you make the withdrawal. You’ll start getting the 60+ Day Rate again once 30 days pass without you taking money out. If you make another withdrawal, you’ll go back to the Instant Access Rate.
Are there any charges?
There are no monthly account fees, but cash and cheque transaction fees are applicable. Please see the Business Price List for more information.