Current Account for Businesses
For simple, everyday banking
The Business Current Account from Clydesdale Bank is designed for the basic management of your everyday business banking. It offers the full services of a current account, with the option of an agreed overdraft. All facilities are subject to status and applicants must be aged 18 or over. Only available to business customers. Terms and conditions apply.
Features:
- Free day to day banking for 25 months (start ups and switchers from another bank only)*
- Current account facilities with option of agreed overdraft (subject to lending assessment and security may be required)
- Unlimited deposits and withdrawals subject to available funds. Fees may apply.
- Personal attention from a business banking contact
- Online banking services
Costs and conditions:
- Standard charges and interest rates can be found in the interest rates and charges section. Speak to a business banking contact for more details
- Debit interest applied to overdrawn amounts
- No credit interest applied
- Debit interest calculated daily and applied monthly
- Not available to personal customers
- Full terms and conditions are available on request
*Offer applies to new small business banking customers with a turnover of less than £2 million switching their main business current account or start ups opening first account within 12 months of beginning trading. No charges apply to cash or cheque deposits and withdrawals, Direct Debits or other automated transactions. Borrowing facilities up to £250,000 available subject to status, fees apply. Charges for “additional services” and “borrowing charges” are not part of the free banking offer and are highlighted in our business banking tariff. Cash limit (paid in, paid out or exchanged) of £250,000 per annum. At the end of the free banking period, you will move to our business banking tariff.
We will review each business on a case by case basis to ensure they meet the qualifying criteria.
Business enquiries
Start your business current account application process online.
All accounts subject to status and eligibility.
Compare our business accounts Apply now for a Business Current AccountAlready started an application?
If you created a username and password you can login to continue your application.
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Business Account Checklist - What you’ll need to open an account
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. Find out what you’ll need to provide using the simple Business Account Checklist from UK Finance, the UK’s leading trade association for financial services.
Changes to Business Debit Card
Changes to Business Debit Card
We are launching a new Business Debit Mastercard in September 2018.
Changes to be aware of if you open a Business Account with us. We will be sending you a new Debit Mastercard for your Business Account by 12th October 2018. Your card will have a brand new design and will replace the one you currently use. Your PIN, terms and conditions, fees and charges will all stay the same.
What’s changing?
Aside from the design, the new card offers you these features (although you don’t have to use them):
- Withdraw up to £700 a day from ATMs*
- Contactless Technology – you won’t need to use your PIN for purchases up to £30 when you’re out and about*
- International Purchase Limit is up to £10,000 a day*
*Subject to available funds
You can also make use of the following features on the new card:
- Pay using your phone – this works with Apple Pay™ and Google Pay™
- Easily pay in money – you can do this at branch counters and Deposit ATMs in selected branches (limits apply)
What happens next?
You should start using your new Business Debit Mastercard as soon as you receive it. We’ll tell you the date your existing card will stop working when we send you the new card.
What do you need to do?
As your 16-digit card number will change, there are a few actions you should take.
- Update recurring and online payments
You’ll need to update your card details for payments you have set up using your existing card, such as subscriptions, PayPal and websites where you’ve saved your card details. Your direct debits and standing orders won’t be affected because they only use your account number and sort code, which will stay the same. - Re-register for Mastercard SecureCode™
This extra layer of security helps you shop safely online and you’ll need to register this new card. You can do this from our dedicated page. - Set up Apple Pay™ and Google Pay™
If you want to use your mobile phone to make purchases, you will need to register your new debit card. - Destroy your old card
Remember to do this as soon as you receive your new one.
We’re here to help
If you have any questions or concerns about your new card or account, please call us on 0800 345 7365 and we’ll be happy to help.
Ready to apply?
Already started an application?
Login to continue with your business account application. If you're not sure what your login details are, or you can't get online for some reason, please give us a call on 0800 345 7365.
Switching made simple
If you decide to opt for a Clydesdale Bank Business Current Account, switching is all done for you with the Current Account Switch Service. This service is designed to let you move your current account from another bank or building society in a safe and reliable way.
Important information
Protecting your money
Your eligible deposits with Clydesdale Bank PLC are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK’s deposit guarantee scheme.
This limit is applied to the total of any deposits you have with the following: Clydesdale Bank and Yorkshire Bank. Any total deposits you hold above the limit between these brands are unlikely to be covered.
Please see FSCS leaflet download (Opens in a new window) for further information or visit www.fscs.org.uk
You can find impartial information and guidance on money matters on the “Money advice service” website.
Clydesdale Bank is covered by the Financial Services Compensation Scheme (FSCS), Find out more.