25 months’ free day-to-day banking
Eligible SMEs enjoy free banking for 25 months when switching to or opening a Business Current Account, if you have a turnover under £2m. No charges for day-to-day banking for initial period. Cash transaction limit of £250,000 p/a. Excludes international and CHAPS payments. Qualifying criteria applies.
We offer a relationship-based approach to banking.
We work closely with you to help you get the right funding for your business. Subject to status and eligilbity..
If you’re interested in switching to Clydesdale Bank, you can apply for your new current account and organise your switch online. Eligibility criteria applies.
Clydesdale Bank is participating in the Business Banking Switching Scheme.
If you’re a small business, charity or trust, the Current Account Switch Service takes the hassle out of switching your account to Clydesdale Bank. As part of the Switch Guarantee, we’ll handle it all for you and keep you updated along the way. The service is free to use and takes just 7 working days to complete.
*If you have a debit balance on your old account, you'll need to either pay this off or arrange a planned borrowing limit with us (subject to status and eligibility), before your switch starts, otherwise your account will not be closed.
that employ fewer than 50 employees, and have an annual turnover of no more than £6.5m (including sole traders, partnerships and small businesses)
Small charities with an annual income of less than £6.5m
with a net asset value of less than £6.5m
While the Current Account Switch Service is only available to smaller business, if you’re a larger business looking to switch to us, we’ll make sure you get the support you need. As part of our Payment Transfer Service, we can help you transfer your direct debits and standing orders to your new account. You’ll need to transfer your balance and close your old account yourself. But don’t worry – your relationship manager will guide you through the whole process to make sure nothing important gets missed.
This service is still free, but it may take longer than 7 working days and isn’t backed by the Current Account Switch Guarantee.
We have designed the Current Account Switch Service to let you switch your current account from one bank or building society to another in a simple, reliable and stress-free way. It will only take seven working days. As your new current-account provider we offer the following guarantee.
Not all banks or building societies in the UK offer the Current Account Switch Service. We can still help you switch your account and any regular payments to us when we are unable to use the Current Account Switch Service.
As your new bank we will take care of everything, managing the switch process from start to finish. This service is completely free; however it isn't covered by the Current Account Switch Guarantee.
Once you have opened an account with us, we will ask you to complete a simple form and then we'll contact your old bank or building society within two business days to request a list of all your regular payments and regular credits received into your account for the last 13 months. Your old bank or building society should send us this information within five business days.
Once we receive the information from your old bank or building society we will arrange for any Standing Orders, Direct Debits and any regular credits made to your account to be transferred to your new account with us within five business days. We will contact you to agree a date to complete the switch.
The Current Account Switch Service will redirect payments to your new account. Each time an electronic payment is redirected an automatic message is sent back to the originator advising them of the new account details so they can update their records. Some organisations may contact you directly to confirm your details have changed.
Our Payment Transfer Service could be the answer if you’re not eligible for the Current Account Switch Service, or don’t want to use it.
This service lets you transfer your direct debits and standing orders from your old account to your new one over a three month period. You can make all the changes from the same date or at different times.
With the Payment Transfer Service your old account stays open and we won’t give your new account details to anyone who makes payments to your old account.
The Payment Transfer Service isn’t covered by the Current Account Switch Guarantee. However it is available to all customers and for more types of current account.
Whichever account you choose, you’ll have access to a range of services and support to help make managing your money and accounts simpler.