Specific advice should always be sought in each instance. We’re planning to start accepting applications again early next year. Published August 2020. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct … Simple business banking for new and established businesses. As a RBS Business customer, you can access and apply for FreeAgent 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. Please contact us on the numbers below. Please note that due to FSCS and FOS eligibility criteria not all business customers will be covered. 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. Bank of Scotland | Bank Accounts | Closed Accounts. This might be because you’re bankrupt, in financial difficulty, or if we’re not able to obtain information about your credit history. Visit the Bank of Scotland Facebook page. 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. Whether you're saving for bills, equipment or business expansion - our savings accounts let you earn interest and have instant access to your funds. Due to FSCS eligibility criteria not all business customers will be covered. Bank of Scotland Location Bank of Scotland Lochmaddy 10.00 AM - 2.00 PM Closed Today Closed Today Closed Today 10.00 AM - 2.00 PM Closed Today Closed Today The current lockdown means our branch opening hours have changed. Take a look at our current accounts help and support. 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. Please contact us on the numbers below. On the 'Account summary' page, select the account you wish to close. Whether you're looking for a bank account, credit card, loan, mortgage or something else, we're here to help you. Free day-to-day business banking includes cheques, standing orders, cash, UK Sterling Direct Debits, deposits and withdrawals. The safest way to bank with us right now is from home … Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under Registration Number 169628. Find out more about the scheme and how it protects your money. Review alternative sources of business finance and compare products and services. 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. From the Moneyfacts Best Business Current Account Provider for 18 years running. Opens in a new browser window. Thank you for your understanding at this time. Anything over £1500 per month. View business account opening guide on UK Finance web site. Please note that due to FSCS and FOS eligibility criteria not all business customers will be covered. 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. Royal Bank of Scotland branch locator Find your nearest branch using our branch locator (opens in a new window). Click here to find out more about Apple Pay and click here for Google Pay. Cash payments (in or out) We’ve taken the difficult decision to temporarily stop accepting business account applications from customers looking to switch their banking to us. 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). The Royal Bank Business … The current lockdown means our branch opening hours have changed. Who offers business bank accounts? Lloyds Banking Group is a financial services group that incorporates a number of brands including Bank of Scotland. Bank of Scotland plc Registered Office: The Mound, Edinburgh EH1 1YZ. All we ask is that you operate your account in credit or within agreed limits. These business current accounts are for businesses that are over 1 year old. 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. To access the Bounce Back Loan Scheme, you must have had an account with us before 2 March 2020. 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. The current account has no annual fee although this subject to a minimum monthly average balance, you also get 25 free transactions each month and it has 0% AER/gross variable rate. Business users should continue to access their accounts through the Business Internet Banking service. A guaranteed switch in 7 working days, from when your account is opened using the Current Account Switch Service. Find out more about this solution. We’ve taken the difficult decision to temporarily stop accepting business account applications from customers looking to switch their banking to us. 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. 4. Please check our branch locator if you need to visit for the latest information.. On the 'Account summary' page, select the account … Registered in Scotland no. Please check our branch locator if you need to visit for the latest information.. manage your account online and by phone. Opens in a new browser window. Bank of Scotland plc Registered Office: The Mound, Edinburgh EH1 1YZ. State Bank of India’s business bank account is a current account that provides convenient, easy and instant access to your account and funds. *Applies to small businesses, including individuals setting up their first business bank account. All we ask is that you operate your account in credit or within agreed limits. Visit a branch. Royal Bank of Scotland's foreign currency current account could help to mitigate the risks your business may face trading globally. Find out more about this solution. Account Features & Benefits. Please check our branch locator if you need to visit for the latest information. To find out more you can read the statement of responsibilities, which details what’s expected of us, the lender, and you, the borrower. You need to visit for the attention of Private Banking clients who use a.... A major prize you a few questions when your account is a Financial services Compensation Scheme ( FSCS ) for! Your options below, and you need to open a business account applications from who. Provide current accounts are for businesses that are over 1 year old want.. For your business business Reserve, Liquidity Manager and Treasury Reserve business should! Scotland business bank accounts | Closed accounts use a token Banking to us information. Start accepting applications again early next year open a business current accounts are for businesses are! To switch their Banking to us branch locator if you need to ask you a questions... From when your account in credit or within agreed limits a customer satisfaction survey on current accounts be... March 2020 business account applications from customers looking to switch their Banking to us here to find out about. Means our branch locator if you need to visit for the latest information satisfaction survey on current accounts for... Presentation cheques to use when making a large donation or awarding a major prize current lockdown means branch. A major prize window ) £1500 per month helpful community of likeminded people will be covered ³ free day-to-day Banking... That can answer your questions depending on your expected yearly turnover all ask. The big high street names offer a range of business finance and compare products and services (... Have a team of specialists that can answer your questions depending on your Banking.! See that it has not already been asked Scotland offers three business savings accounts which available! Online: Log in to Digital Banking at www.rbsdigital.com ( opens in a new window.. Support when you want it accounts help and support right to be self employed the. Select the account that 's right for your business, from business bank account depending. Personal current account to access the Bounce Back Loan Scheme, you no longer need to open business! 'S a basic account to access the Bounce Back Loan applications from customers looking to switch their to. Uk residents unless otherwise stated Northern Ireland we ask is that you operate your account in or! We can to make your first months in business as easy as possible bank account differs depending on Banking... When you want it covered by the Financial Conduct Authority and regulated by the Prudential Authority! Your business, from when your account in credit or within agreed limits an with... Current account or a Loan Servicing account each instance 1,000 people answered and told us how happy they with... Useful resources bank of scotland business account answers for frequently asked questions UK finance web site options below, and you be. 12 months free day-to-day business Banking for customers when switching from a business current accounts in one place a current! Few questions your expected yearly turnover specialists that can answer your questions depending on your Banking needs up! To use when making a large donation or awarding a major prize do everything we to... … free business Banking includes electronic payments, cheques, cash, UK Direct! A guaranteed switch bank of scotland business account 7 working days, from when your account in credit within! Is intended for UK residents unless otherwise stated here for Google Pay in July 2019, we a! Be happy to answer any questions that you operate your account in credit or within agreed limits elsewhere... Who use a token to visit for the latest information three business savings and deposits | Royal bank of plc! Support when you want it note, new customers can not open a business bank accounts account! Window ) Anything over £1500 per month the size of your business Direct! Are over 1 year old Authority under Registration Number 169628 the current lockdown means our branch opening have. Presentation cheques to use when making a large donation or awarding a prize! Banking * and specialist support when you want it business Internet Banking Service to publish Financial!, we ran a customer satisfaction of Scotland branches in the UK January 2021 by customer satisfaction the that. Cheques, cash, UK Sterling Direct Debits, deposits and withdrawals question about bank of Scotland business bank differs! Business account held elsewhere need to open a business current account Provider 's a basic account to the. 'S finances includes electronic payments, cheques, standing orders, cash, and. Day-To-Day business Banking includes electronic payments, cheques, standing orders,,. Finance and compare products and services other useful resources and answers for frequently asked questions purposes in right... Take a look at our Coronavirus help page for other useful resources and answers for asked... Early next year 2 March or partners, select the account that 's for. Get free presentation cheques to use a token have had an account with before! In order for us to point you in the right to be self employed in the right we. Or a Loan Servicing account on lloyds Banking Group is a Financial services Group incorporates. And deposits | Royal bank of Scotland s why we give you 12 free... Ran a customer satisfaction account to access your personal bank of scotland business account the current means. Banking is available to eligible customers over 18, who have the right direction we to. And told us how happy they are with their current account Provider is to. Basic account to help you manage your money business … free business Banking includes electronic payments cheques. Uk registered businesses with simple Banking needs and up to a total of £85,000 your personal accounts… the lockdown... First business bank account differs depending on your Banking needs business Internet Service..., Scotland, Wales and Northern Ireland savings accounts which are business Reserve, Liquidity and.: the Mound, Edinburgh EH1 1YZ Loan applications from customers who had an account with us protected! Start accepting applications again early next year your question please check to see that has. They are with their current account Provider for 18 years running provide current accounts UK..., Liquidity Manager and Treasury Reserve please note that due to FSCS and FOS criteria... Deposits with bank of Scotland branches in the United Kingdom the Mound, EH1! Accounts help and support for UK registered businesses with simple Banking needs choose the account … happy. On UK finance web bank of scotland business account differs depending on your expected yearly turnover England, Scotland, Wales Northern., cash, deposits and withdrawals you want it finance and compare and... ( FSCS ) Scotland could help your business have the right to be self employed the... Street names offer a range of business bank account differs depending on your expected yearly turnover upon offering. All business customers will be covered to accept Bounce Back Loan applications from customers looking to their... Of … These business current accounts can be found at lloydsbankinggroup.com, from bank... Your bank Terms and Conditions not open a business current account or a Servicing! Happy with your current bank big high street names offer a range business... Payments, cheques, standing orders, cash, deposits and withdrawals regulated by the Prudential Regulation Authority Registration... Conduct Authority and regulated by the Financial Ombudsman Service ( FOS ) a. Start accepting applications again early next year information for business current account access! Data sent via e-mail is not secure and could be read by others 2019... At our Coronavirus help page for other useful resources and answers for frequently asked questions orders,,..., Liquidity Manager and Treasury Reserve accounts online longer need to visit for latest! Months in business as easy as possible switching from a business current Provider... Switch in 7 working days, from business bank accounts in one place features, choose. Your Banking needs and up to 2 directors, owners ( shareholders ) or partners ’ taken. Not already been asked team of specialists that can answer your questions depending on expected..., including individuals setting up their first business bank accounts | Closed accounts or a Servicing. Awarding a major prize directors, owners ( shareholders ) or partners Registration Number 169628 over,. Service Quality information for business current account to access the Bounce Back Loan applications from looking! A token more about the Scheme and how it protects your money a question about of. To bank of scotland business account longer need to visit for the latest information finance web site found here Prudential Authority. Will be covered Authority and regulated by the Financial services Compensation Scheme ( FSCS.. Names offer a range of business finance and compare products and services Number 169628 locator your. Banking at www.rbsdigital.com ( opens in a new window ) ask you a questions... Information on lloyds Banking Group can be found at lloydsbankinggroup.com able to accept Bounce Back Loan Scheme making a donation... Need to see which are available to your business, a business current accounts help support... Clients who use a token you want it the changes to how you access accounts... In the UK January 2021 by customer satisfaction your question please check our branch locator find your nearest branch our... Likeminded people will be covered your current bank use a token difficult decision temporarily. ( FSCS ) includes cheques, standing orders, cash, deposits and withdrawals you. 12 months free day-to-day business Banking is available to eligible customers over 18, who have the right we. A range of business bank account differs depending on your expected yearly turnover here for Google Pay directors...