Account Charging
You can find details of any relevant account charges in your account terms and conditions and tariff. Below is some additional information about how we charge you for some of our Business Banking products and services, including the invoicing and debiting dates.
Account tariff charging
Depending on the type of Business current account you hold with us, the rates differ. Please refer to your account tariff for more information.
So you know exactly when you'll be charged, we've created a table that details the periods in which charges are accrued on business accounts, and, importantly, the date you will be charged.
| Invoice start date | Invoice end date | Pre-notification date | Charging date |
|---|
| 17-Nov-23 | 19-Dec-23 | 20-Dec-23 | 05-Jan-24 |
| 20-Dec-23 | 18-Jan-24 | 19-Jan-24 | 05-Feb-24 |
| 19-Jan-24 | 15-Feb-24 | 16-Feb-24 | 05-Mar-24 |
| 16-Feb-24 | 19-Mar-24 | 20-Mar-24 | 05-Apr-24 |
| 20-Mar-24 | 16-Apr-24 | 17-Apr-24 | 03-May-24 |
| 17-Apr-24 | 17-May-24 | 20-May-24 | 05-Jun-24 |
| 20-May-24 | 18-Jun-24 | 19-Jun-24 | 05-Jul-24 |
| 19-Jun-24 | 18-Jul-24 | 19-Jul-24 | 05-Aug-24 |
| 19-Jul-24 | 19-Aug-24 | 20-Aug-24 | 05-Sep-24 |
| 20-Aug-24 | 17-Sep-24 | 18-Sep-24 | 04-Oct-24 |
| 18-Sep-24 | 17-Oct-24 | 18-Oct-24 | 05-Nov-24 |
| 18-Oct-24 | 18-Nov-24 | 19-Nov-24 | 05-Dec-24 |
| 19-Nov-24 | 17-Dec-24 | 18-Dec-24 | 03-Jan-25 |
Your invoice will be sent the business day after the invoice end date to pre notify you of your charges.
Invoice start date
Refers to the date that the charging period for that particular month begins.
Invoice end date
Refers to the date that the charging period for that particular month ends.
Charging date
The date you are actually charged for the amount stated in your most recent invoice.
FD Online charging
Your FD Online invoice will be sent to your system administrator (via a secure mail within FD Online) on the first business day of each month. Your nominated Co-operative business current account will then be debited 14 days later. Where this falls on a weekend or bank holiday, the charge will be debited the following business day.
- If you would prefer for invoices to be sent to another user your administrator can request this using the secure mail service within FD Online.
- If you submit Bacs via FD Online you will be invoiced and charged via FD Online not via your account tariff and invoice.
If you wish to cancel the FD Online service, a signatory/named person on the account can send a secure message through FD Online. You will need to provide one month's notice. Please note you will be charged for the previous month, once we have completed your request to cancel the service.
Bacs charging
Depending on how you submit your Bacs files will affect how you are charged and the costing.
If you submit via FD Online please see the FD Online tariff and charging information.
If you submit through another method you can refer to the Bacs tariff for charges. Standard Bacs charges are invoiced on a calendar month basis, pre-notified the following month, and then charged the month after. For example; Bacs files submitted 1-31 January, would be included in your February invoice, and charged on or around the 5 March.
If you submit with a bsecure card please refer to your bsecure tariff. bsecure fees will be charged separately from your file and transaction fees on your account tariff invoice. Dates of your account tariff invoicing and charging can be found within the account tariff charging section. bsecure invoices will be issued when a card or card reader is requested or when a renewal is due and will debit your billing account 14 days from the invoice date. Where this falls on a weekend or bank holiday, the charge will be debited the following business day.