Switch to us

Just take a moment to consider whether your current banking arrangements are giving you all you need to help your business. If the answer is 'No' why not switch to a bank that will support your business every step of the way.

If you switch to Bank of Scotland Business Banking and open a Business Account you will benefit from the following:

• Manage your account via Internet Banking and/or the phone or through the growing number of branches throughout the UK

• Free business banking for 12 months and ongoing good value after this period ends.Charges still apply for special services e.g. CHAPS payments.

• Manage the account via Internet Banking and/or the phone or through the growing number of branches throughout the UK

• Unlimited transactions

• No overdraft arrangement fee for the first 12 months

• A Relationship Manager to look after all your business needs

• Hassle-free transfer service

1. We switch it

We contact your old bank to get a list of all standing orders and Direct Debits and send you the list to confirm it's correct. We then contact your old bank and cancel your standing orders and Direct Debits, we also send advice of your new details to the originators of your direct debit payments. You can start using your new account once this has been completed.

2. We help check things are running smoothly

We will then complete the process by closing your old bank account if this has been requested.

If you're overdrawn on your old account
We will contact you to discuss repayment. Subject to availability of cleared funds in your account, we will arrange to repay your overdrawn balance within 3 days or at an alternative date agreed with you.

Do you make regular payments to a pension fund?
For your protection there are strict laws governing the financial management of pension funds. That means we can't instruct your pension provider to begin collecting payments from a different account. You will need to contact them directly to give them details of your new Bank of Scotland account. They can update their system to collect the relevant payments from your new account.

Our Switching performance statistics
We have exceeded targets set by the Office of Fair Trading related to managing the process of switching accounts for our customers. View our performance statistics here (PDF: 128KB - opens new window).

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We subscribe to The Lending Code; copies of the Code can be obtained from www.lendingstandardsboard.org.uk