Business Bank Accounts

25 Months Free* Business Banking

Whether you're considering switching your business banking account to us or just starting out, we offer 25 months* free day-to-day business banking.

*Subject to keeping your account within agreed limits and not going overdrawn without arranging it first.
Current Account switch guarantee

Business Plus banking account

Key features for start ups and switchers:

  • 25 months free day to day banking - so long as you keep your account within agreed limits and don’t go overdrawn without arranging it first

  • After the free banking period, you'll have a simple tariff and great ongoing value

  • Use a Square reader to take chip & PIN and contactless payments. Pay no fees on your first £1,000 of sales

  • 3 months free^ access to Revenu – an app exclusively for TSB Business customers that helps you quickly and conveniently request customer payments, and automatically reconcile your invoices with payments when linked with compatible accounting packages

  • Specialist support to help grow your business can be found from Enterprise Nation and Funding Options

  • Earn a great rate and access your money for whatever you need, whenever you need it, with our Business Instant Access savings account

  • If you’re switching then our dedicated team will make sure the switch goes smoothly, which is also backed by the Current Account Switch Service guarantee

^after your free access period, you’ll be asked to pay a £6 (inc. VAT) service fee every 30 days. TSB receives a commission once your service continues after the free access period.

We want to make sure we help our customers complete their application successfully first time, so here’s what you need to apply:

A form of identification, for example 

  • Passport

  • UK Driving Licence

Proof of business address to hand to upload in your application​.

If you trade at a different address to your home address you need to provide proof of this address to complete your application, for example

  • Utility bills dated in the last 6 months

  • Lease Agreements (must be entire agreement and signed by ALL parties, showing the same name and address as stated in your application)

Bank statements & invoices cannot be accepted

Proof of home address to upload in your application, for example 

  • Driving Licence

  • HMRC correspondence dated within the last 12 months 

Partnership agreement

In addition, we require the following information:

Personal details about other partners, for example

  • Full Name

  • Date of birth


This is your total annual sales plus all income payments, for example

  • £x in sales between 1st Jan and 31st Dec plus £x received in payments

Please have your weekly or monthly breakdowns to hand when completing your application.

Reminder: Where your accountant is providing a supporting letter, your accountant must be registered with an approved Professional Body.

Proof of Business name

Must match the name on the application

Nature of your business, for example
If you are a trading partnership

  • What products & services do you offer?

  • Who are your customers and where do they operate?

  • Who are your suppliers & where are they located?

We’ve worked with participating providers of UK business banking accounts to agree a basic set of information that we’ll need to set up your business current account. Find out what you’ll need to provide using this simple guide from UK Finance, the UK’s leading trade association for financial services.

Click on the business accounts checklist


Applications are processed as soon as we receive completed documentation. If we need any additional information we will contact you within 5 working days.


Keep your account on the move

Up-to-date financial information is important to any business. Now there's another way to keep track of your finances.

Our free text alerts service delivers regular account balances and transactions as text messages to your mobile phone.


Online for 24/7 business

With our Business Internet Banking service, you can do business at any time of the day or night. You can:

  • Check your up-to-date balance

  • Transfer money between your accounts.

  • Make payments via Faster Payments or BACS

  • Manage your standing orders and Direct Debits

  • Export statements into your finance package

  • Delegate day-to-day banking tasks and much more


Our service

Our new platform continues to deliver real benefits for our business customers, including a new mobile banking app and a market-leading business savings account. This enables us to support more local businesses right across the UK, and improving customer service in all areas of our banking offer remains a priority to us. 

Our most recent customer survey indicates that 80% of customers are satisfied or completely satisfied with our Business Banking services.*

* Based on 925 surveys with TSB Business customers conducted by Motif, an independent market research agency, between October and December 2020.

You can check our service status here

Financial Conduct Authority - Service Quality Indicators

FCA Logo


Find out information about Business Current Account Services.