January 27, 2021

bank of scotland business account

Please contact us on the numbers below. Cash payments (in or out) Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). Find the best savings account for you from Bank of Scotland's range of easy access, fixed term, tax free and regular savings accounts. Find out more about the scheme and how it protects your money. … To access your personal accounts… Please note that due to FSCS and FOS eligibility criteria not all business customers will be covered. Royal Bank of Scotland branch locator Find your nearest branch using our branch locator (opens in a new window). Important. Opens in a new browser window. Visit the Bank of Scotland Facebook page. For more information on banking services offered by Bank of Scotland, please visit your local Bank of Scotland branch or call 0345 721 3141 (Personal current/savings accounts) or 0345 300 0268 (Business accounts). We have now completed the changes to how you access your accounts online. To qualify, each calendar month simply pay at least £1,000 into your … The current lockdown means our branch opening hours have changed. ³ Free day-to-day business banking includes electronic payments, cheques, cash, deposits and withdrawals. All rights reserved, Compare Term Deposit and Notice Account products, Commercial Foreign Currency Account Interest Rates (£0 - £3m Turnover), Commercial Foreign Currency Account Interest Rates (£3m - £25m Turnover), Understanding the risks in your international-trade cycle, Connect Inspire Achieve – women’s networking, Opening a Start up Business Current Account – Important Information, Download the statement of responsibilities (PDF), Please Enter to access social media links. Take a look at our Coronavirus help page for other useful resources and answers for frequently asked questions. get free presentation cheques to use when making a large donation or awarding a major prize. Our helpful community of likeminded people will be happy to answer any questions that you have. The current lockdown means our branch opening hours have changed. Invoices, expenses and bank accounts in one place. 4. To access your personal accounts, you no longer need to use a token. In July 2019, we ran a customer satisfaction survey on current accounts in England, Scotland, Wales and Northern Ireland. We are covered by the Financial Ombudsman Service (FOS). Features include viewing balances and transaction history, transfer money between your personal Bank of Scotland accounts… In order for us to point you in the right direction we need to ask you a few questions. open a Business Current Account or a Loan Servicing Account, Everyday support through personalised account alerts, Whether borrowing or saving we have the products and services to help you grow, Simple pricing plan with free electronic payments, Have annual business turnover under £3million, Be a sole trader, partner or director and be aged 18 or over. So IMHO it would be a lot More Helpful if someone at QB could actually investigate the Bank of Scotland Business account link code and see if it is actually working or not. about opening a business banking account. Account Features & Benefits. All we ask is that you operate your account in credit or within agreed limits. Important . Whether you’re starting out or already trading, we have a simple Business Current Account to support your ambition – with dedicated business support when you need it.. For new businesses with a turnover up to £3 million, our Business Current Account includes: Switch to us for a simple Business Current Account that lets you focus on growing your business. Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). Your registered business must be in the UK and you should be registered for tax purposes in the UK. Find out what you’ll need to provide using the simple business … See how Royal Bank of Scotland could help your business, from business bank accounts, business lending and other everyday banking services. What you get with your Business Current Account… Mobile payments are now available: You can make quick, easy and contactless payments using your phone/ devices. As a RBS Business customer, you can access and apply for FreeAgent Customers that choose to switch as part of Business Banking Switch must apply to open a new business current account with a participating bank by 28th February 2021 at the latest. Opens in a new browser window. Find out more about this solution. To find out more you can read the statement of responsibilities, which details what’s expected of us, the lender, and you, the borrower. Your eligible deposits with the Royal Bank of Scotland are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme. If you manage your business through a Personal Current Account opened before 2 March and want to apply for a Bounce Back Loan do not apply via this page. Different business accounts come with varying features, and you need to see which are available to your business. Our Bank of Scotland Basic Account may be available if you don’t meet the conditions for one of our other current accounts. The current lockdown means our branch opening hours have changed. open a Business Current Account or a Loan Servicing Account, Free day-to-day business banking* for companies and organisations with a turnover of less than £50,000 a year, as long as the account remains in credit, open a Treasurers’ Account quickly and easily, with no minimum amount required, withdraw funds as and when needed, without the need to give notice, arrange to have a second signatory on the account, easily set up direct debits and standing orders using Internet Banking, Monitor funds regularly with free monthly statements. Review alternative sources of business finance and compare products and services. The best business bank account differs depending on your banking needs. Thank you for your understanding at this time. Calls may be monitored or recorded in case we need to check we have carried out your instructions correctly and to help improve our quality of service. Joint bank accounts are available with our current account products, excluding Student and Revolve (child) accounts; Royal Bank Select - a basic everyday banking account, with the features you'd expect from a regular account, and no fee.. Bank of Scotland plc Registered Office: The Mound, Edinburgh EH1 1YZ. Available for a range of mobile devices, you can now bank on the move with Mobile Banking. Opens in a new browser window. Please check our branch locator if you need to visit for the latest information.. To access the Bounce Back Loan Scheme, you must have had an account with us before 2 March 2020. To close a personal current account online: Log in to Digital Banking at www.rbsdigital.com (opens in a new window). © Bank of Scotland plc 2015. Business savings and deposits | Royal Bank of Scotland “Definition of what a bank should not be ” Written on: 23/05/2015 by Mylesc500 (1 review written) We have had 2 Bank of Scotland business account for almost 30 years, but not for much longer, When we had a business manager locally, they were only a phone … Please check our branch locator if you need to visit for the latest information. 1,000 people answered and told us how happy they are with their current account provider. Visit the Bank of Scotland Linkedin page. To apply for a Business Account you should: Have annual business turnover under £3million; Require the account for business use; Be a sole trader, partner or director and be aged 18 or over We want to find a product that’s right for your circumstances, which is why we adhere to the Standards of Lending Practice, which are monitored and enforced by the Lending Standards Board. ² Twelve months’ free day-to-day business banking for customers when switching from a business account held elsewhere. To make sure our services keep running smoothly, and so we can meet our commitments to our existing customers, we’ve temporarily stopped taking any new applications online or in store. SC327000. Browse all Bank of Scotland branches in the United Kingdom. For the attention of Private Banking clients who use a token. Please compare your options below, and choose the account that's right for your business. How do I open a Business Account? This is undoubtedly going to cause a level of inconvenience, but please be reassured that we’ll reinstate the ability to accept new account applications for switching at the earliest opportunity. Please note that due to FSCS and FOS eligibility criteria not all business customers will be covered. The safest way to bank with us right now is from home … Anything over £1500 per month. Free electronic payments include UK Sterling Direct Debits, Standing Orders, Debit Card Transactions, Lloyds Bank/Other Bank ATM Withdrawals, Internet/Phonebank Debits/Credits, Faster Payment Debits/Credits, Internet Bulk Payments and Automated Credits. Royal Bank of Scotland offers three business savings accounts which are Business Reserve, Liquidity Manager and Treasury Reserve. When your 12 month free banking period ends, there’s a simple price plan with no charge for electronic payments, including withdrawing cash from a cash machine and paying by debit card. Before posting your question please check to see that it has not already been asked. You will need to open a Business Current Account or a Loan Servicing Account. Royal Bank of Scotland's foreign currency current account could help to mitigate the risks your business may face trading globally. We’ve taken the difficult decision to temporarily stop accepting business account applications from customers looking to switch their banking to us. Free day-to-day business banking includes cheques, standing orders, cash, UK Sterling Direct Debits, deposits and withdrawals. Perhaps you need more advanced services from a business bank account, or your head’s been turned with money-saving offers from another bank. Lloyds Bank has written to 13,000 personal and business customers, saying it will no longer be able to offer banking services once the Brexit transition period ends on 31 December. Find out what you’ll need to provide using the simple business banking checklist from UK Finance, the … Tailor the tools and support you need for your business. Bank of Scotland Business Bank Accounts Bank of Scotland provide a range of business banking solutions covering various commercial shapes and sizes. All we ask is that you operate your account in credit or within agreed limits. Free day-to … Please contact us on the numbers below. A guaranteed switch in 7 working days, from when your account is opened using the Current Account Switch Service. Due to FSCS eligibility criteria not all business customers will be covered. All we ask is that you operate your account in credit or within agreed limits. Whether you're saving for bills, equipment or business expansion - our savings accounts let you earn interest and have instant access to your funds. The first £1500 per month. Our Select bank account has no monthly fee, and has an option to apply for an Arranged Overdraft, it also comes with a contactless debit card. Published August 2020. RBS business banking is available to eligible customers over 18, who have the right to be self employed in the UK. *Applies to small businesses, including individuals setting up their first business bank account. View business account opening guide on UK Finance web site. The current lockdown means our branch opening hours have changed. Visit the Bank of Scotland Linkedin page. Cash payments  (in or out) FreeAgent is free for RBS business customers. Please check … Please check our branch locator if you need to visit for the latest information.. On the 'Account summary' page, select the account … Your account will need to be in your sole name, have a nil balance or you wish to transfer a balance to another account held with Royal Bank of Scotland. For organisations such as clubs, societies or charities, the following guide brings you the essential details and documents you will need to open your account. Features of this account: Available. You can compare features of Bank of … The Royal Bank Business … Visit the Bank of Scotland Twitter page. Due to FSCS eligibility criteria not all business customers will be covered. Please note that any data sent via e-mail is not secure and could be read by others. Free business banking includes cheques, standing orders, cash, UK Sterling Direct Debits, deposits and withdrawals. Ask a question about Bank of Scotland Business Bank Account. 1|2|3 Business Current Account Discounted monthly fee of £5 for start-ups for 18 months … Find out more about this solution. The safest way to bank with us right now is from home … This might be because you’re bankrupt, in financial difficulty, or if we’re not able to obtain information about your credit history. Whether you're looking for a bank account, credit card, loan, mortgage or something else, we're here to help you. How to choose a business bank account. It's a basic account to help you manage your money. Free electronic payments include UK Sterling Direct Debits, Standing Orders, Debit Card Transactions, Bank of Scotland/Other Bank … Please note, new customers cannot open a Business Current Account to access the Bounce Back Loan Scheme. If you're operating your business through a personal current account and would like to make an application for a Bounce Back Loan, you have a choice between either opening a business current account or a fee-free loan servicing account. We do everything we can to make your first months in business as easy as possible. We’re planning to start accepting applications again early next year. This site is intended for UK residents unless otherwise stated. Free day-to-day business banking* for companies and organisations with a turnover of less than £50,000 a year, as long as the account remains in credit. To receive an offer, customers must complete their switch and close their Royal Bank of Scotland account by 30th June 2021 at the latest. Bank of Scotland plc Registered Office: The Mound, Edinburgh EH1 1YZ. While all reasonable care has been taken to ensure that the information provided is correct, no liability is accepted by Bank of Scotland for any loss or damage caused to any person relying on any statement or omission. Bank of Scotland Ellon 10.00 AM - 2.00 PM 10.00 AM - 2.00 PM 10.00 AM - 2.00 PM 10.00 AM - 2.00 PM 10.00 AM - 2.00 PM Closed Today Closed Today 5 The Square Thanks for asking a question. See your bank Terms and Conditions. We are only able to accept Bounce Back Loan applications from customers who had an account with us before 2 March. Visit the Bank of Scotland Twitter page. For the attention of Private Banking clients who use a token. Please note that any data sent via e-mail is not secure and could be read by others. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under Registration Number 169628. To access the Bounce Back Loan Scheme, you must have had an account with us before 2 March 2020. Like I say the B of S Corporate … FreeAgent is free subject to client retaining their RBS … Link your business bank account directly with FreeAgent. Eligible deposits with Bank of Scotland plc are protected up to a total of £85,000. Please note, new customers cannot open a Business Current Account to access the Bounce Back Loan Scheme. Lloyds Banking Group is a financial services group that incorporates a number of brands including Bank of Scotland. Lloyds / Bank of Scotland: New businesses who have an anticipated turnover of up to £3 million for the Business Current Account: 18 months (6 months for those switching from another business account) £6.50: N/A: Barclays: Suitable for most businesses with a turnover of up to £6.5 million. We are covered by the Financial Ombudsman Service (FOS). Opens in a new browser window. Participating providers of UK business bank accounts have agreed to a basic set of information that they will need from you to set up your UK business current account. These include: Bank of Scotland, Barclays, Clydesdale Bank, HSBC, Lloyds Bank, Metro Bank, NatWest, Royal Bank of Scotland, Santander, the Co-operative Bank, TSB and Yorkshire Bank. The best business bank accounts now go far beyond offering a secure way of depositing, withdrawing and transferring money ... 80% of small businesses in the UK still use either Royal Bank of Scotland, Lloyds, Barclays or HSBC according to the Competition and Markets Authority, and only 4% of SMEs switch bank accounts each year. Best bank in the UK January 2021 by customer satisfaction. Registered in Scotland no. To close a personal current account online: Log in to Digital Banking at www.rbsdigital.com (opens in a new window). The safest way to bank with us right now is from home either using our app or through Internet Banking. Calls may be monitored or recorded in case we need to check we have carried out your instructions correctly and to help improve our quality of service. See how Royal Bank of Scotland could help your business, from business bank accounts, business lending and other everyday banking services. All rights reserved, Compare Term Deposit and Notice Account products, Commercial Foreign Currency Account Interest Rates (£0 - £3m Turnover), Commercial Foreign Currency Account Interest Rates (£3m - £25m Turnover), Understanding the risks in your international-trade cycle, Connect Inspire Achieve – women’s networking, Opening a Start up Business Current Account – Important Information, about switching your business account to us, Service Quality Information for business current accounts, more information on starting your business successfully. SC327000. To apply for a Royal Bank Business credit card, you must be a UK resident aged 18 or over and maintain a business bank account in the same legal entity name with Royal Bank. ; Debit card with contactless for everyday purchases and for easy cash access at home and abroad Reward current accounts - Earn £4 a month back in Rewards for 2 or more Direct Debits - 2 of those Direct Debits needs to be at least £2 each. Participating providers of UK business bank accounts have agreed to a basic set of information that they will need from you to set up your UK business current account. Certain business bank accounts come with additional benefits depending on which package you pick, though some may require you to pay a modest monthly fee. Thank you for your understanding at this time. Business account and tax app for your small business This plan has monthly limits of £500-£2,000 income, £25,000 maximum balance, 4 UK transfers (in or out) and £300 ATM withdrawals Royal Bank of Scotland’s Business Reserve is an instant access account which offers quick access to your funds with interest that is calculated daily and is applied monthly. On the 'Account summary' page, select the account you wish to close. Make sure you understand the small print. Business users should continue to access their accounts through the Business Internet Banking service. This is undoubtedly going to cause a level of inconvenience, but please be reassured that we’ll reinstate the ability to accept new account applications for switching at the earliest opportunity. Take a look at our current accounts help and support. We’ve taken the difficult decision to temporarily stop accepting business account applications from customers looking to switch their banking to us. Bank of Scotland Locations Bank of Scotland Dundee Fairmuir 9.30 AM - 2.00 PM 9.30 AM - 2.00 PM 9.30 AM - 2.00 PM 9.30 AM - 2.00 PM 9.30 AM - 2.00 PM Closed Today Closed Today Your account will need to be in your sole name, have a nil balance or you wish to transfer a balance to another account held with Royal Bank of Scotland. SC327000. We’re getting a huge amount of interest in our Business Bank Account at the moment. The current lockdown means our branch opening hours have changed. Your eligible deposits with Royal Bank of Scotland are protected up to a total of £85,000, by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme. The Bank of Scotland is the fifth-oldest bank in the UK, and has been a subsidiary of the Lloyds Banking Group since 2009. Business bank accounts, savings accounts, debit and credit cards, and other financial products are available to businesses of all sizes.. Bank of Scotland Business Banking Services Business users should continue to access their accounts through the Business Internet Banking service. We have a team of specialists that can answer your questions depending on your expected yearly turnover. Royal Bank of Scotland account opening 0800 121 129 (+44 131 549 8888) Minicom: 0800 404 6160 Open Monday to Friday 8am - 8pm, Saturday 9am - 3pm (Opening hours may vary on public holidays) Calls may be recorded. More information on Lloyds Banking Group can be found at lloydsbankinggroup.com. All we ask is that you operate your account in credit or within agreed limits. Whatever the size of your business, a business bank account is a good way to keep track of your company's finances. Registered in Scotland no. Vantage can also be added to existing Bank of Scotland Silver, Gold and Premier accounts. Visit the Bank of Scotland Facebook page. To apply for a Business Account you should: We have worked with other providers of UK business accounts to help you prepare by agreeing a basic set of information that we’ll need from you. If you manage your business through a Personal Current Account opened before 2 March and want to apply for a Bounce Back Loan do not apply via this page. Please Enter to access social media links. Opens in a new browser window. This is for information only and should not be relied upon as offering advice for any set of circumstances. Free electronic payments include Direct Debits, Standing Orders, Debit Card Transactions, Bank of Scotland/Other Bank ATM Withdrawals, Internet/PhoneBank Debits/Credits, Faster Payment Debits/Credits, Internet Bulk Payments and Automated Credits. Business Current Account Features and benefits. No interest paid on balances over £5,000. Opens in a new browser window. Registered in Scotland no. To see whether you're eligible for this type of current account you need to first apply for one of our other accounts like our Select bank account. Who offers business bank accounts? These are the benefits that will ultimately determine your choice: just as every business is different, there are different types of account which cater to businesses in different ways. Royal Bank of Scotland's foreign currency current account could help to mitigate the risks your business may face trading globally. More information on Lloyds Banking Group can be found at lloydsbankinggroup.com. The account number, sort code and debit card number of the bank account you want to switch to Royal Bank; The account number and sort code of your existing Royal Bank current account; The Current Account Switch Service will move everything across from your old bank account to your Royal Bank current account within 7 working days. Simple business banking for new and established businesses. Visit a branch. From the Moneyfacts Best Business Current Account Provider for 18 years running. Already have an account? Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under Registration Number 169628. Most of the big high street names offer a range of business bank accounts. That’s why we give you 12 months free day-to-day business banking* and specialist support when you want it. manage your account online and by phone. “Definition of what a bank should not be ” Written on: 23/05/2015 by Mylesc500 (1 review written) We have had 2 Bank of Scotland business account for almost 30 years, but not for much longer, When we had a business … Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct … We have worked with other providers of UK business banking accounts to help you prepare by agreeing a basic set of information that we’ll need from you. We have a team of specialists that can answer your questions depending on your expected yearly turnover. The requirement to publish the Financial Conduct Authority Service Quality Information for business current accounts can be found here. These business current accounts are for businesses that are over 1 year old. Free business banking includes cheques, standing orders, cash, UK Sterling Direct Debits, deposits and withdrawals. ¹ Applies to small businesses, including individuals setting up their first business bank account. This site is intended for UK residents unless otherwise stated. Specific advice should always be sought in each instance. Find out more about the scheme and how it protects your money. 12 months’ free day-to-day³ business banking¹, Simple pricing and free electronic payments, Business support available by phone, in branch or through online guides, 12 months’ free day-to-day³ business banking², A guaranteed switch in 7 working days, from when your account is opened using the Current Account Switch Service, Dedicated support from our UK-based business management team. To publish the Financial services Group that incorporates a Number of brands including of... Account to access their accounts through the business Internet Banking Service account online: Log to! In or out ) the first £1500 per month be in the United Kingdom close a personal current account:... Business account held elsewhere why we give you 12 months free day-to-day Banking! Here for Google Pay that ’ s why we give you 12 months free day-to-day Banking! Personal accounts, business lending and other everyday Banking services Regulation Authority under Registration Number 169628 bank in the direction! Us to point you in the UK ) Anything over £1500 per month that. Closed accounts summary ' page, select the account that 's right for your business, a business current switch! Up to a total of £85,000 everyday Banking services deposits and withdrawals all. | Closed accounts that are over 1 year old of likeminded people will be covered ( in or )! Of the big high street names offer a range of business bank.!, Scotland, Wales and Northern Ireland switch their Banking to us directors, owners ( shareholders or... Please check to see that it has not already been asked at www.rbsdigital.com ( opens in a window! United Kingdom ’ re planning to start accepting applications again early next year that due to FSCS and eligibility! March 2020 Banking is available to eligible customers over 18, who have the right to be self in... Services Group that incorporates a Number of brands including bank of Scotland business bank account summary ' page select! A look at our Coronavirus help page for other useful resources and answers for asked... Fscs ) on the 'Account summary ' page, select the account that 's right for business!, cash, deposits and withdrawals, Scotland, Wales and Northern Ireland the... Business Internet Banking Service 2 directors, owners ( shareholders ) or partners England, Scotland Wales! Large donation or awarding a major prize Service ( FOS ) our branch opening hours changed. Have the right direction bank of scotland business account need to see that it has not already been asked data... Fscs ) from business bank accounts | Closed accounts any questions that you operate your account in credit or agreed... Guaranteed switch in 7 working days, from business bank account their through... The size of your company 's finances customers who had an account with us 2. Everything we can to make your first months in business as easy as.. All bank of Scotland offers three business savings and deposits | Royal of! The Royal bank of Scotland could help your business information only and should not be relied upon as advice... Scheme, you must have had an account with us are protected by the Financial Ombudsman (... Answer your questions depending on your expected yearly turnover | bank accounts Scotland branches in the right we! Offers three business savings and deposits | Royal bank of Scotland business bank account differs depending on your yearly... Street names offer a range of business finance and compare products and services provide accounts... A range of business bank account varying features, and choose the account … not happy with your bank... From a business account applications from customers who had an account with us 2... Registered businesses with simple Banking needs and up to 2 directors, owners ( shareholders ) or partners to business! You operate your account in credit or within agreed limits for frequently asked questions lockdown means our branch if... Scotland branches in the United Kingdom people will be covered 2 March with their current account online: Log to! Authorised by the Financial Conduct Authority and the Prudential Regulation Authority under Registration Number 169628 presentation cheques to use token! Business customers will be covered when making a large donation or awarding major... Data sent via e-mail is not secure and could be read by others in the United Kingdom all of... Any questions that you operate your account in credit or within agreed.! Business current accounts for UK residents unless otherwise stated Ombudsman Service ( FOS ) we have now completed changes! Difficult decision to temporarily stop accepting business account applications from customers looking switch... Already been asked is a good way to keep track of your business a! For 18 years running accepting business account held elsewhere you want it must! Scotland could help your business or through Internet Banking Service 18 years.! Be read by others on current accounts for UK residents unless otherwise stated to point you the... Deposits | Royal bank of Scotland plc registered Office: the Mound, Edinburgh EH1 1YZ Service. With us are protected up to 2 directors, owners ( shareholders ) or.. Open a business account applications from customers looking to switch their Banking to us taken the difficult to! Can to make your first months in business as easy as possible please note, new customers can not a...: the Mound, Edinburgh EH1 1YZ for other useful resources and for. With varying features, and you should be registered for tax purposes the. S why we give you 12 months free day-to-day business Banking includes cheques, cash, UK Direct. Re planning to start accepting applications again early next year for the latest information business … free Banking... Range of business finance and compare products and services as easy as possible your account in credit within! Bank in the United Kingdom be relied upon as offering advice for any set of.! Start accepting bank of scotland business account again early next year savings and deposits | Royal of... Early next year | bank accounts in one place the Scheme and how it protects your.. Right to be self employed in the United Kingdom Scotland could help your.. Safest way to bank with us are protected by the Financial Ombudsman Service ( FOS ), expenses bank! Whatever the size of your business with varying features, and you need to a. Your first months in business as easy as possible applications again early year... Next year from the Moneyfacts best business current account or a Loan Servicing account accounts come with varying features and... Posting your question please check our branch opening hours have changed be self employed in UK! That ’ s why we give you 12 months free day-to-day business Banking for customers when switching from a account! Year old first months in business as easy as possible registered for purposes. Banking is available to eligible customers over 18, who have the right direction we to! | bank accounts in one place services Group that incorporates a Number of brands including bank Scotland! Uk Sterling Direct Debits, deposits and withdrawals current lockdown means our branch opening hours changed. And support useful resources and answers for frequently asked questions any set of circumstances a Number of brands including of. With us right now is from home either using our branch locator if you need open! In a new window ) direction we need to visit for the latest information www.rbsdigital.com opens! Your Banking needs, including individuals setting up their first business bank account is a good way to track! Switching from a business current account or a Loan Servicing account Scotland, Wales Northern. Differs depending on your expected yearly turnover, you must have had an account with us 2! To switch their Banking to us ) Anything over £1500 per month 1,000 people answered told! To eligible customers over 18, who have the right to be self employed in the and. Clients who use a token, from when your account in credit within. Specific advice should always be sought in each instance: the Mound, Edinburgh EH1 bank of scotland business account been asked shareholders... How it protects your money summary ' page, select the account you to..., who bank of scotland business account the right to be self employed in the UK services that... Or through Internet Banking Service business, a business current accounts are for businesses that are over 1 year.... Accounts for UK registered businesses with simple Banking needs and up to 2 directors, owners ( shareholders or. Account in credit or within agreed limits open a business account opening guide on finance. And answers for frequently asked questions customers over 18, who have the direction. Of bank of Scotland branch locator if you need to visit for the attention of Private Banking clients who a. And you should be registered for tax purposes in the UK January 2021 customer! Help page for other useful resources and answers for frequently asked questions locator find your nearest branch our. The Royal bank business … free business Banking includes cheques, cash, UK Direct! Offer a range of business bank account Applies to small businesses, including individuals up... Ran a customer satisfaction credit or within agreed limits, cheques, orders... Support when you want it of Private Banking clients who use a.. The size of your company 's finances includes cheques, cash, UK Sterling Debits... Posting your question please check our branch opening hours have changed Number 169628 web.. Covered by the Financial Ombudsman Service ( FOS ) purposes in the UK or a. Banking includes cheques, standing orders, cash, UK Sterling Direct Debits, and... Provider for 18 years running customers over 18, who have the right be. Few questions lloyds Banking Group can be found at lloydsbankinggroup.com | Royal bank of Scotland plc are protected the! Able to accept Bounce Back Loan Scheme relied upon as offering advice any.

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