My existing account is a business current account:
Yes, you can find out more on the Current Account Switch Service website.

My existing account is a personal current account:
Under the Current Account Switch Service (CASS), you can switch a personal current account (held by one individual, not a joint account) to a business current account, provided the business account is opened as a sole trader.

Please note:
- Your business account must be registered as a sole trader
- It must be used exclusively for business purposes

Yes, with this account you can apply for an overdraft. Applications for a business overdraft are subject to approval. If you apply for credit facilities, security may be required and product fees may apply.

To find out more, use our Eligibility Checker.

You’ll need the personal details of all of the partners, members or directors of the business (including their home addresses for the last 3 years). You’ll also need your business details. This includes your Company’s Registration Number (provided by Companies House) if you’re a limited company. All the details are in the "Apply now" section, which will help you to prepare.

A loan servicing account is only required if you are currently in the process of applying for a business loan and you do not have or wish to have a business current account with us.

This account will only enable you to deposit funds with the bank to meet your monthly loan repayment. It CAN NOT be used to support day to day business transactions like taking payments from customers or making payments to suppliers and for this you will need to apply for a business current account.

If you have business current account with us you will be able to apply for loans and overdrafts in the future without the need to open an additional loan servicing account.

If you're an existing customer with a Loan Servicing Account which has been opened to service a business loan, you might be eligible for the account conversion. Please contact the Businessline Team, or your Relationship Manager who will be able to advise you on the process.

You are able to switch your Business Current Account or your business banking to another provider while retaining your business loan with us. We may require you to open a fee free loan servicing account and will confirm if this is required as part of the switching process. A fee-free Loan Servicing Account is not a Business Current Account. This account will purely be used to facilitate your loan and will be free of any transaction charges.

We're all for saving money (banks generally are) and you probably are too, so here are some of our tips for reducing your account charges during your day-to-day banking. 

Start saving on account fees