Notice of changes to our terms and conditions and other important information
From 1 April 2026 we’re making some changes to our terms and conditions. We’ve explained the changes below and the terms and conditions affected. You can view these at danskebank.co.uk/busdocs. You don’t have to do anything but if you’re not happy with these changes you can end your agreement with us at any time.
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We’re increasing the notice period we’re required to give when closing accounts |
Provided we have a good reason for doing so, we can end your agreement and close your account with us on two months’ notice. Due to upcoming regulatory changes, we’re increasing this to 90 days. This notice period will continue to be at least 30 days if you are a Corporate Opt-out Customer. There will continue to be some instances where we can reduce this notice period, for example, if an account is being used for fraudulent or criminal activity or if a customer has been abusive toward our staff. Further details can be found in the terms and conditions which apply to your account. |
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Other important information |
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Amendments to the fees and service charges explained– Foreign payments document |
We have updated the foreign cash, drafts and cheques section, to reflect the following changes:
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| Business Investment Accounts used for client funds | If you wish to open a client account with us, Marketplace in District is not suitable for opening these types of accounts. To request a client account, you can call us on 0345 850 9515, send us a SecureMail on District, visit any of our branches, or if you have a Relationship Manager, you can contact them directly. |
| Danske Bank Reference Rate (UK) | If the interest you pay is calculated using Danske Bank Reference Rate (UK), we’d like to remind you this is our own interest reference rate that we set ourselves. It will typically align with the Bank of England Bank Rate but may vary from that rate. You should not expect it to fall below zero even if Bank of England Bank Rate does. Any changes will be advertised on our website, in our branches and in newspapers published in Northern Ireland. |
| Consider where you keep your surplus money | It’s always important to make sure you are managing your money in the most efficient way possible. If you keep extra money in your business current account, you may want to think about transferring it into a savings account where you could earn interest. You have the option of our Business Investment Account, which provides you with instant access to your funds, or, subject to minimum deposit amounts, a Fixed Term Deposit or a Treasury Fixed Term Deposit. Fixed Term accounts typically have a higher rate of interest, but you can’t withdraw funds until your agreed term has ended. If you’re saving with us already, you may also want to consider if we could offer you a different savings account that may be more suitable for your needs. For more information on our Savings Accounts, compare them at danskebank.co.uk/BusinessSavings. |
| FSCS Depositor Protection changes | The Prudential Regulation Authority announced that from 1 December 2025 there has been an increase to the depositor protection limit per eligible depositor from £85,000 to £120,000. There has also been an increase to the Temporary High Balance Limit from £1 million to £1.4 million. Whilst the disclosure documents included in this mailing refer to the previous limits, the new limits apply. |
Contact us:
Phone 0345 850 9515 | Send us a message on District
Write to us at:
PO Box 2111,
Belfast,
BT10 9EG
This publication is also available in Braille, in large print, on tape and on disk. Please call us for details.
Correct as at 12/2025.
