How to set up your business savings account
Need helping with opening an account or not sure which one choose?
Follow our simple step-by-step guide to learn about out how to open and manage a business savings account.
Whether you're looking for easy access savings, or to maximise your returns by locking into a fixed term, our range of accounts can help your business save money.
As a UK business, it is not always easy to set money aside, but saving can help during tougher times. With our business savings accounts, you can earn interest while keeping your funds accessible.
Our business accounts are available for both corporate and unincorporated bodies. With a faster payment service that ensures you can easily transfer funds in and out of your account, we'll take care of your finances.
Give us a call, pop into our branch or apply online and we'll be there to assist you!
Please note: We currently offer passbook savings accounts to business savers, which can be opened and operated either in one of our local branches, online or by post.
*AER stands for the Annual Equivalent Rate and illustrates what the Interest rate would be if interest was paid and added each year.
Need helping with opening an account or not sure which one choose?
Follow our simple step-by-step guide to learn about out how to open and manage a business savings account.
We offer a personalised, face-to-face service with our business savings team in-branch.
If you’re ready to apply or unsure which account is right for your business, our specialist team can discuss your needs and help you find the best option.
To book an appointment, simply call, email, enquire online, or drop by one of our local branches.
If you want to discuss our business savings account options or have any enquiries, you can:
If you have any questions about our business savings accounts, you can submit an enquiry through our online form.
Speak to one of our customer service representatives on the phone, for assistance on your enquiry.
Send us a message about your enquiry and our team will get back to you as soon as possible.
If you already have a business savings passbook, you can choose to register for our online service. This lets you track your balances, monitor your transactions and contact us.
Find out how much your business's money could grow with our easy-to-use savings calculator.
You can open a business savings account via one of our branches, by post or through an online business savings application.
The simple steps include:
For full details, please see our complete step-by-step on how to open and manage a business savings account.
You can make deposits to your business savings account in several ways, including:
Unfortunately, we don't currently offer product switches for business savings accounts.
If you want to withdraw from your business savings account, you can do so by using the following methods:
We don't apply any fees or charges to open a business savings account with us.
Yes, you can open a business savings account with us if you're running a small business. Our accounts are open to sole traders, partnerships, and limited companies of all sizes and structures.
Yes, most of our business savings products require a minimum deposit of £1,000. However, our easy access accounts require a lower minimum deposit of £250.
There are many benefits as to why you should save money as a business.
By building up your business savings, you can: