Business Banking
For every business a business current account is a basic requirement. As well as allowing you to make and receive payments by cash, cheque or electronic means, a business bank account allows, subject to approval, access to short term cash flow finance in the form of an overdraft.
Your business bank account is the first account opened by any new business, and gives you access to many other products and services essential to the effective running of a modern business. Applications for a business current account can often be made online. UK business banking services provide you and your business with a comprehensive suite of essential services:
- Business Current Account & Deposit Account Services
- Offset Banking
- Business Finance
- Business Insurance
- Business Loan
- Make and receive payments by any means - electronically via PC, via telephone or cash machine
- No maximum or minimum balance.
- Overdraft arranged subject to approval.
- Charges and Interest Rates Pricing depending on the size and nature of the business.
- Credit interest may be payable. If surplus funds are held,
- Regular statements
- A named contact at your account holding branch
- Apply for a Debit, credit or Self Service Card.
- Business Internet Banking
- Specialised industry assistance i.e. franchising, technology Sectors etc.
Specific pricing will be relevant and structured depending on your UK business circumstances. Your chosen banking partner will ensure that the pricing correctly reflects your business needs and usage. Often special terms are available to business start-ups and those transferring their current business bank account.
