Business Current Accounts
As a bank founded on co-operative values, we’ve always been committed to putting our customers’ needs at the heart of everything we do. We have a range of current accounts specifically designed with small businesses in mind.
Business Directplus
Ideal for
New customers looking for a business account with a free banking period.
- New Co-operative Bank business customers get free everyday banking for 30 months. Subject to monthly limits.
- Access an overdraft facility and other lending options (subject to application, status and our lending policy).
FSB Business Banking Account
Ideal for
Members of the Federation of Small Businesses (FSB).
Find out about the services and benefits of FSB membership here
- Free business banking services such as paying in cheques and up to £2000 cash per month free of charge. If you need to deposit more cash, you pay 75p per £100 extra.
- Annual £25 loyalty bonus when you keep an active account. Terms and conditions apply.
Community Directplus
Ideal for
Registered charities, co-operatives, credit unions and community interest companies.
- Free everyday banking
- Apply for a donation of up to £1,000 from our Customer Donation Fund to support special projects and fundraising activities.
Cash Tariff
Ideal for
Businesses with a high cash turnover and after an account with an extra low cash depositing fee.
- One of the lowest cash depositing fees on the market
- Clear and simple charging structure
- Access to your account via online and telephone banking
Standard Tariff
Ideal for
Businesses looking for a simple and straightforward account charging structure.
- No transactions limits.
- Charges remain constant regardless of balance
- Access to your account via online and telephone banking
Our customer testimonials
The bottom line is… Manchester businesses are proud to support their local communities.
Find out why our customers joined us for better business banking and how you can enjoy better business banking with a bank that understands the everyday challenges of running a business.
The £25 loyalty bonus is paid every year to FSB Members who maintain an active account. The loyalty bonus will only be paid once a year to each FSB member, irrespective of the number of active accounts maintained. The bonus will not be paid on inactive accounts. An account is deemed to be inactive if no customer initiated transactions have been made for 6 months or more, and there is a debit or credit balance of less than £250.
The Co-operative Bank reserves the right to decline any application.
Whether we can offer you credit depends on your circumstances and our lending policy. We may decline your application based on your circumstances or our lending policy. We may be able to offer a product that's different to the one advertised.
The Co‑operative Bank, Britannia and smile are trading names of The Co-operative Bank plc, which is a member of the Financial Services Compensation Scheme (FSCS).
Our service quality information
The Financial Conduct Authority requires us to publish information about our business current accounts. View our business current account service quality information.
You're now leaving our wesbsite
You're about to go to https://www.fsb.org.uk/benefits/finance/business-banking. Before you go, here’s a few things to keep in mind:
- The Federation of Small Businesses is an external company to The Co-operative Bank and not part of the same group
- You won't receive any advice from The Co-operative Bank on The Federation of Small Businesses membership or products, we act as an introducer only
- If you require advice on Federation of Small Businesses membership, please contact them directly.
The 30 months free banking offer is only available to new Co-operative Bank customers, based on maintaining a credit balance of £1000 or more, depositing up to 100 cheques and £2000 cash, and writing up to 30 cheques free of charge per month. Charges apply for exceeding the limits specified above, and for any special services used, including stopping cheques, CHAPS payments, etc. Please refer to the tariff for full details.
Financial Services Compensation Scheme
Your eligible deposits with 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
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