Whether you’re wanting to expand your business and need to save capital or are putting money aside for a rainy day, our Business Instant Access Deposit account can have you saving without taking your money out of reach. Earn interest while still having full control over your money
Earn 0.05% AER (variable) interest. The more you put in, the more interest you could earn
You have full control over your money and can access it when you need it
You won’t pay a monthly fee, there are no set-up costs and no minimum deposits
|Interest rate||Minimum balance||Interest payment frequency|
|0.05% AER (variable)||None||Monthly or annually (calculated daily)|
Variable means we may change these rates and charges from time to time, or introduce new charges. If this means you’ll earn less interest, we’ll let you know beforehand.
There are no fees for this account, but we do charge for some of our banking services.
|Issuing a banker’s cheque||£15 per item|
|Stopping a banker’s cheque||£10 per item|
|Copy or duplicate statements||£5 per statement|
Bringing in the right documents can smooth out the account opening process.
Everyone involved in opening the business account will need to provide proof of identity and proof of address, including:
A valid passport, EU national ID card or UK driving licence is ideal, and may be all we need.
Must have your name and current address on it. We only accept originals. It’s handy to have 2 of these with you, just in case.
To open a Business Instant Access Deposit account, you need:
We believe in letting you decide how you want to bank with us – whether that’s online, in store, over the phone, through your Relationship Manager or on the move with our app.
Manage your Business Instant Access Deposit Account online or on your mobile.
Since 06 April 2016, interest on savings has been paid without tax being deducted. For more information, please contact the Business team on 0345 08 08 508.
Download our PDF to read when you like - it contains all the ins and outs of our Business Instant Access Deposit Account
Check balances, make payments, see transactions and open new accounts any time - all with online banking.
Control your money on the move. Check balances, move money, make payments and more with our handy mobile app.
A friendly face and a quick answer. And all the usual payment services too. We're open 362 days a year
Talk to a real person in our always-open UK contact centre, 24 hours a day, 7 days a week, 365 days a year.
With our Fixed Term Deposit Account you can decide how long you want to lock your money away for and with our fixed interest rate you'll know exactly what you'll earn.
See our range of deposit accounts that will make your money work harder.
Start-up or growing business? Take your company to the next level with speedy account opening and Local Business Managers in every store.
We have the online banking solution that's best for your business. Get the basics, add Bacs and CHAPs or go for our full commercial platform.