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*
A dedicated team who will take the hassle out of moving your account
Choose the tariff you move on to that suits your business
Manage your account online, by phone or at one of our 550 high street branches
For sole traders with a turnover of less than £125,000 you can also open your account in one of our local branches
*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.
Thanks for choosing TSB for your Business Current Account. Before you apply, we want to tell you that we will soon be moving on to a new state of the art IT system to allow us to bring you a better service in the future. We’re working to ensure that customers are impacted as little as possible by the changes. To ensure your application is not delayed it’s important you return all of your paperwork, including any other documentation we’ve asked for by April 13th. We’re sorry, but if we receive your documentation after this date, we won’t be able to complete your application.