Important information about the Business Banking Switch Account

Find useful information about Business Banking with TSB.

Current Accounts

From 8 April, the Business Authentication App is being upgraded to the ‘TSB Business Mobile’ app which will allow you to make transfers between your TSB accounts and make payments to the recipients you have already set up in either Internet Banking or Telephone Banking. Your terms and conditions include these changes.

Your terms and conditions:

Savings

From 8 April, the Business Authentication App is being upgraded to the ‘TSB Business Mobile’ app which will allow you to make transfers between your TSB accounts and make payments to the recipients you have already set up in either Internet Banking or Telephone Banking. Your terms and conditions include these changes.

Documents that apply to all Business Instant Access accounts:

Cards

Your business debit card terms and conditions can be found in your Business Current Account terms which are available on this page.

Loans and Finance

  • For information relating to your overdraft please see your facility letter.

Payment services

  • 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.
  • We’ll let you know when we move to the faster process for cheques you pay in.
  • Find out more at chequeandcredit.co.uk

You can find details of the current six day clearing cycle in the 'Your account charges explained' brochure:

From 8 April, the Business Authentication App is being upgraded to the ‘TSB Business Mobile’ app which will allow you to make transfers between your TSB accounts and make payments to the recipients you have already set up in either Internet Banking or Telephone Banking. Your terms and conditions include these changes.

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