We’re now accepting new Business Current Account applications. Please be aware that due to high volumes it could take up to four weeks to process your application.

Business Bank Accounts

6 Months Free* Business Banking

Whether you're considering switching your business banking account to us or just starting out, we offer 6 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

If you are applying for a TSB Business Current Account only

We’re now accepting new Business Current Account applications. Please be aware that due to high volumes it could take up to four weeks to process your application.

Business Plus banking account

Key features for start ups and switchers:

  • 6 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

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

  • Earn one of the best rates on the high street^ 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

^Compared with the RBS Business Reserve Accounts, HSBC Business Money Manager Account, Barclays Business Premium account, Lloyds Business Banking Instant Access account and Santander Business Everday Saver Account.
 

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

 

What you'll need to open an account

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

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

Independent service quality survey results

As part of an independent regulatory survey, customers were asked how likely they would be to recommend their business current account provider to other SMEs.

Ranking

Financial Conduct Authority - Service Quality Indicators

FCA Logo

 

Find out information about Business Current Account Services.

 
 
 

 
 
 

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We're open anytime and anywhere. Take care of your day-to-day banking when you need to.

Set up mobile banking

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