- No arrangement fees
- No legal fees
- No valuation fees
- 75% discount on transaction fees for 6 months
With minimum credit facilities of £100,000 and agreement to switch before 30 November 2021. Minimum turnover of £2 million per annum.
We will instruct a lawyer of our choice to put the Bank's security in place. You must pay for any independent advice you obtain.
Current Account Switch Service applies to businesses who employ fewer than 50 people and whose annual turnover does not exceed £6.5 million.
Switch an account
Our staff can explain the features and benefits of our business accounts and allow you to make an informed decision about the right banking solutions for your business. The Current Account Switch Service makes switching from one bank or building society to another simple and stress-free whether you’re a consumer, small charity or small business. With the Current Account Switch Service you can choose a switch date to suit you. Just make sure you allow a minimum of seven business days.
If your new bank or building society agrees, bank accounts that include an overdraft can switch using the Current Account Switch Service. And if you’d like to have an overdraft with your new bank account, speak to your new bank or building society before starting your switch. Your new bank or building society will be able to advise if you’re eligible for an overdraft, dependent on their lending criteria and your credit status.
For more details please view the Current Account Switch Guarantee.
Have you given permissions to Third Party Providers (TPPs)?
If you have given permissions to TPPs to make payments on your behalf, or to access your financial data, access to these services won’t be transferred automatically to your new account as part of the Current Account Switch Service.
- Before you close your old account, check whether you have any TPP permissions set up and if so, who with.
- Once your new account is open you can give your permission to the TPP to access your new account by providing them with your new account details. You will need to contact the TPP directly yourself to set this up.
- If you are unsure as to whether we will support the TPP permissions on your old account, you will need to discuss this with us ahead of your switch and we will be able to advise you.
Please check our terms and conditions for more information about TPPs.