Moving your business bank account to TSB is much easier than you might think. Even if you're unhappy with your current bank, you may not want the added hassle of switching. That’s why we’ll give you a team dedicated to managing your change over, leaving you free to concentrate on your business. And, to make your decision to move even easier, we'll give you 18 months’ free day-to-day business banking to welcome you to TSB.
Reasons to switch to TSB
18 months free day-to-day banking*
Dedicated team to take the hassle out of switching your account
Free Square Reader to take card payments easily. And pay no fees on your first £1,000 of sales
Pay in cash and cheques at any Post Office counter - it will take an additional day to reach us
Manage your account online, over the phone or through our extensive branch network
*Subject to keeping your account within agreed limits and not going overdrawn without arranging it first.
Backed by the Current Account Switch Guarantee
The Current Account Switch Guarantee ensures your current account will switch on a day of your choice, your payments will be automatically transferred and redirected to your new account, and in the unlikely event anything goes wrong with your switch, we will refund any interest and charges (incurred on your old or new current accounts) as a result of this failure as soon as it’s brought to our attention. And to make your decision to move even easier we’ll give you 18 months free* day to day business banking to welcome you to TSB. We’ll switch your Business Current Account in 7 working days.
Once your free banking period ends, you have the option of moving to one of our alternative tariffs. Which one is best for your business will depend on the number and type of transactions you typically do.
Fixed Fee Account
Simply pay a fixed monthly fee for a certain number of transactions - with five levels to choose from to suit your needs. And if those needs change, you can simply change your plan.
Start your application for our new Business current account.
Before you start, it’s worth knowing that the online application currently accepts applications for businesses with a single owner, director or shareholder. This means businesses with one person to operate the account. But, if your business has multiple owners, directors or shareholders you can still register your interest by entering your email address in the application, and we’ll be in touch as soon possible to let you know how you can apply.