Bank of Scotland Business Banking

• Send fast and transparently priced money transfers to over 35 countries worldwide, cheaper than most high-street banks
• Free contactless Mastercard
• No fees for spending and withdrawing money abroad, and you’ll get Mastercard’s real exchange rate
• Automated accounting: Link your account with QuickBooks, Xero and FreeAgent
• Real-time notifications: Receive a notification whenever money enters or leaves your account
• Enjoy your award-winning business bank account without having to pay any monthly fees

• 24/7 UK support
• British Bank Awards Best British Bank Winner 2018, 2019 and 2020
• FSCS protection: Eligible deposits are covered up to £85,000 by the Financial Services Compensation Scheme

• Instant online approval 100% guaranteed
• No credit check to open an account
• Perfect for any type and size of business
• Mobile app – Manage your account, from the palm of your hand, 24/7
• Free to receive bank transfers
• No monthly account management fees
• No UK purchase transaction fees
• Any size of UK business or organisation can apply for our account – even if you don’t have a credit or trading history
• Integrated with most accounting software

• Business Expense Cards – Add up to 20 additional cards to your business account to provide to your employees, for simpler expense management
• £69 annual fee
• Maximum balance £15,000
• Daily ATM withdrawal limit £500
• Apply in just 4 minutes

• Designed for growing businesses and freelancers
• Free account opening in as little as 5 minutes
• Free contactless Mastercard
• No monthly or annual fees
• Free card payments UK and abroad
• Free transfers between external accounts for one  year (20p per transfer thereafter)
• Free transfers between Tide accounts
• ATM cash withdrawals  – £1
• Cash Deposits – £1 at Post Office or 3% at PayPoint
• 1 in 12 business current accounts opened in the UK was with Tide, within a year launch

• Mobile App Features:
• Sync with accounting software such as Xero, QuickBooks, FreeAgent, Sage, KashFlow and Recko
• Overview of your balance and all transactions listed in seconds
• Auto categorisation for income and expenditure
• Instant switching between separate accounts
• Freeze and unfreeze card, get card PIN reminder and order a free replacement in seconds
• Create and pay invoices
• Access your account on any laptop or desktop

• No credit checks to open account
• Pre paid Mastercard
• Mobile app available – check your balance, view statements & pay bills
• Earn cash rewards of up to 3.5% when you shop using your card at more than 35 major high street retailers including ASDA, Argos, Boots, Marks & Spencer, B&Q, Wilkinson
• Online application online in less than 10 minutes. Most accounts opened within 3 hours

• Application Fee £55
• Minimum monthly account fee of £12.50
• UK registered business only. Primary account holder must be at least 18 years of age. Business owner/ UK residents only

• Try ANNA free for six months
• Set up your account in less than 10 minutes
• Debit Mastercard® sent the same day
• ANNA doesn’t offer credit, which means the process is different by design – it’s fast, and applying won’t affect your credit score
• Direct debit support
• UK-based chat support – 24/7

• ANNA creates and sends sales invoices for you, and politely chases payments due too
• ANNA also schedules payments of purchase invoices
• Connect your personal and business current accounts from other banks to ANNA to view balance and payment history in the ANNA app
• ANNA will be ready for Making Tax Digital (MTD)

*After six months monthly fee will start from £5 

• Interbank rates, the best anywhere
• No card charges, no FX fees
• Exchange rate 0% above wholesale
• Pay in all 180 currencies
• Automatic integration with all accounting platforms
• Virtual or physical World Debit card

• Mobile app lets you track spending and monitor transactions
• Set spend limits, freeze and unfreeze your card or view your pin
• Partnering with all the major high-street banks, connecting securely through Open Banking
• No hidden transaction fees, even at the weekend
• Zero ATM withdrawal fee up to £500/month
• Apply online and receive your card in 3 to 5 days

• Deposit between £5,000 – £2,000,000
• Interest paid monthly or annually
• Interest rate fixed for 2 years
• Apply online or by post

• An interest rate of 0.05% AER is payable on balances below £5,000
• Available if you are a Sole Trader, Limited Company, Partnership or Limited Liability Partnership (LLP)
• To open an account, you must be a UK based business where all directors and beneficial owners of that business are aged 18 or over, resident in the UK and only tax resident in the UK

• Deposit between £1,000  and £1,000,000
• No fees or charges for day to day services
• 14 Day cooling off period – if you change your mind within 14 days of funding your new business savings account, your savings will be refunded

• Minimum balance at all times – £1,000
• An interest rate of 0.05% AER is payable on balances below £1,000
• No additional deposits or withdrawals

• Deposit between £5,000 – £2,000,000
• Interest paid monthly or annually
• Interest rate fixed for 1 year
• Apply online or by post

• An interest rate of 0.05% AER is payable on balances below £5,000
• Available if you are a Sole Trader, Limited Company, Partnership or Limited Liability Partnership (LLP)
• To open an account, you must be a UK based business where all directors and beneficial owners of that business are aged 18 or over, resident in the UK and only tax resident in the UK

• Deposit between £1,000 – £85,000
• Interest paid monthly or annually
• Unlimited withdrawals free of charge
• Apply online or by post
• Minimum withdrawal £500

• An interest rate of 0.05% AER is payable on balances below £1,000
• Available if you are a Sole Trader, Limited Company, Partnership or Limited Liability Partnership (LLP)
• To open an account, you must be a UK based business where all directors and beneficial owners of that business are aged 18 or over, resident in the UK and only tax resident in the UK

• Deposit between £40,000 and £800,000
• Unlimited withdrawals with no hidden fees
• Apply online in minutes
• Manage account online
• Eligible deposits protected under UK’s Financial Services Compensation Scheme (FSCS)

• Business must have been registered for at least two years, have fewer than 250 employees, and have a total balance sheet of less than £36,550,000 or a turnover of less than £42,500,000
• All associated persons (beneficial owners, people with significant control of business, directors, partners) must be residents in the UK, are UK taxpayers only, and are over 18 years old

• Deposit between £1,000  and £1,000,000
• No fees or charges for day to day services
• 14 Day cooling off period – if you change your mind within 14 days of funding your new business savings account, your savings will be refunded

• Minimum balance at all times – £1,000
• An interest rate of 0.05% AER is payable on balances below £1,000
• No additional deposits or withdrawals

• Deposit between £5,000 – £2,000,000
• Interest paid monthly or annually
• Must give 100 days notice to withdraw
• Apply online or by post

• An interest rate of 0.05% AER is payable on balances below £5,000
• Available if you are a Sole Trader, Limited Company, Partnership or Limited Liability Partnership (LLP)
• To open an account, you must be a UK based business where all directors and beneficial owners of that business are aged 18 or over, resident in the UK and only tax resident in the UK

• Deposit between £5,000 – £2,000,000
• Interest paid monthly or annually
• Must give 45 days notice to withdraw
• Apply online or by post

• An interest rate of 0.05% AER is payable on balances below £5,000
• Available if you are a Sole Trader, Limited Company, Partnership or Limited Liability Partnership (LLP)
• To open an account, you must be a UK based business where all directors and beneficial owners of that business are aged 18 or over, resident in the UK and only tax resident in the UK