Important information about business banking

• CHAPS

• Business Banking Charges Guide (PDF, 248KB) 

• Banks are cutting cheque clearing times from six days to just two.
• All the banks will make this change, so if you write a cheque that’s paid into another bank that’s already moved to the new clearing times, your money could leave your account quicker.
• All our branches have moved to the faster process for cheques you pay in.
• Find out more at chequeandcredit.co.uk
• Business Banking Charges Guide (PDF, 248KB)

• Faster Payments

• Balance Balancer Terms and Conditions (PDF, 130KB)

• Online Payment Control

Our Ways to Bank terms and conditions cover internet banking, telephone banking and mobile banking. The user guide gives information on how to access these services and explains the differences between them. 

We’ve also made some further updates to clarify where you can view your statements (User Guide Section 2), how to make transfers (User Guide section 4.2) and multiple payments (User Guide section 2), and Online Payment Control (Terms & Conditions section 4.8)

• Ways to Bank terms and conditions (PDF 158KB)
• Ways to Bank user guide (PDF 165KB)

• Managing debt
• Your guide to financial difficulties (PDF, 105KB)

• Financing your business brochure (PDF, 94KB)
• Finance Application Checklist (PDF, 68KB)

• Joint and several liability (PDF, 1.4MB)

• Identification we need from you (PDF, 1.82MB)
• Current Account Switch Agreement (PDF. 1.3MB)
• Business Current Account Switcher Guarantee (PDF, 1.8MB)

• Authority to operate accounts (PDF, 93KB)

When you open a TSB Business Current Account you are not charged for your day to day business banking transactions for a set period of time.

During the free banking period you will not be charged for:

• Paying in or taking out cash
• Paying in or issuing cheques
• Paying standing orders and direct debits
• Unlimited deposits and withdrawals
• No minimum account balance required

​All we ask is that you operate your account within agreed limits, for example not going overdrawn without prior agreement.

At the end of your free banking period you will move to our simple charging tariff. Full fees and charges can be found in your Business Banking Charges Guide.