Our Business Bank Account is convenient and straightforward, because we know running a business is hard enough. We understand that it's not just business, it's personal - that's why we have a Local Business Manager in every store to support you.
There’s a Local Business Manager in every one of our stores – and we’re open 7 days a week with 24/7 telephone support.
Clear pricing and fees. Keep a daily balance of £5,000 or more in your account over one month and you won’t pay an account maintenance fee.
Come in to store and we’ll print your debit cards and cheque books on the spot. There’s no appointment necessary.
We’re up front with our customers about everything. We’ve created this handy summary of our Business Bank Account key features so you can see the important information from the get-go.
|Daily balance||Monthly account fee||Minimum balance||UK transaction fees|
|Over £5000||Zero||None||50 free per month then £0.30 each|
|Under £5000||£5||None||£0.30 each|
There’s no monthly charge for this account as long as the balance remains above £5000 every day within the month, otherwise you will pay the monthly fee of £5.
We will charge for some transactions and services such as international payments, CHAPS payments and an Auditor's Certificate of Balance. You can find all the details of our transaction and service charges in the downloadable PDF below.
You can apply for a Business Bank Account if:
Overdrafts are available on this account, but you’ll need to apply first. We’ll then check your financial status before making a decision.
If your account balance and agreed overdraft aren’t enough to cover a payment, we may give you an unarranged overdraft. Unarranged overdrafts have a typical interest rate of 25% EAR (variable).
Interest will be calculated daily on your account and applied monthly. The amount of interest payable and when it will be charged will be shown on your monthly statement.
We may also make other charges:
Cheques normally take 5 working days to process. If you’d like to know how quickly you can withdraw your funds after a cheque has been paid into your account you can take a look at our cheque clearance guide.
Important: Cheques will begin to be processed as soon as they are received by a bank, which could be on the same day as it’s written. Please ensure you have enough money in your account to cover all your payments, including cheques, to avoid becoming overdrawn.
We won’t charge you for international debit card transactions made in most European countries. And we offer outstanding value rates in the rest of the world.
|Location||Card Purchase||Cash Withdrawal|
|Outside Europe*||2.75%||2.75% + £1.50|
*Where can I use my card for free in Europe?
If you use your card abroad, any foreign currency transaction will be converted into sterling on the day it’s paid out of your account. The exchange rate is set by MasterCard®.
MasterCard® is a registered trademark of MasterCard International Incorporated.
You can manage your Business Bank Account online and on your mobile with our mobile banking app.
Learn more about Business Internet Banking and get started
Learn more about Business Mobile Banking and get started
Your Local Business Manager is based in your nearest Metro Bank store. You can find their name and contact details on the store page. Find your nearest store
Download our PDF to read when you like – it contains all the ins and outs of our Business Bank Account.
Got a question? Find your answers here.
You can reduce your bank charges with our Monthly Balance Reward. If your account balance stays above £5,000 for any whole month, for that month we’ll waive the monthly maintenance fee – and give you 50 free transactions.
If your balance falls below £5,000 at the close of business on any day, you’ll pay the usual fees that month. The £5,000 balance needs to be cleared funds within the account – ask your Local Business Manager for more details.
Yes, you can. All our stores are open 7 days a week. Just pop in and see us.
Metro Bank 24/7. Check balances, make payments, see transactions and open new accounts any time - all with internet banking.
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A friendly face and a quick answer. And all the usual payment services too. We're open 362 days a year.
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