New Business Online Banking
Take a look at our updated guide to learn how to use the new features and maximise how you manage your finances in online banking.
Important fraud alert
- Banks are seeing an increase in fraudsters creating fake online banking websites. Always be vigilant when accessing your online banking, and ensure you always type into your browser https://www.co-operativebank.co.uk/business rather than using a search engine.
- Criminals often call customers, posing as our fraud team, to get your details. Never tell anyone the codes from your security token. Find out more now
Business banking app
You can manage your accounts on the go, with our Business banking app (Subject to eligibility)
Staying safe online
We know online security is important to our customers. Find out about our fraud guarantee, how to stay safe online and more.
HID Approve mobile security app
Our mobile security app is a quick and secure way to generate verification codes from your mobile. This is as an alternative to using your physical plastic security token for accessing your account and authorising payments.
Open Banking
Open banking allows you to easily and safely share your financial data with regulated third party providers (TPPs).
Third party providers can introduce you to new banking products and services. They could also give you a more detailed understanding of your accounts, and help you find new ways to make the most of your money.
Giving TPPs access to your account is completely optional and they can't gain access to your account unless you've allowed it.
Payment redirection
When you make a payment to a payee's account that has been fully switched, it will be redirected to their new account. For future payments, you will need to update their details.
Financial Services Compensation Scheme
Your eligible deposits held by a UK establishment of The Co-operative Bank plc are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme. This limit is applied to the total of any deposits you have with the following: The Co-operative Bank, Britannia and smile. Any total deposits you hold above the limit between these brands are unlikely to be covered.
Please click here for further information or visit www.fscs.org.uk