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 business current accounts specifically designed with small businesses in mind.

Not sure which account to choose? Check out our guide on how to choose a business bank account for your small business.

Business Current Account

A business bank account ideal for

Sole traders and single directors who don’t often bank with cash and cheques

  • No monthly service charge for the first 30 months

  • Free faster payments

  • Free automated debits and withdrawals (charges apply for cheque and cash transactions)

Business Directplus

A business bank account ideal for

New customers looking for a business bank account with a free banking period.

  • New Co-operative Bank business customers get free everyday banking for 30 months. *Subject to Business Directplus monthly limits

  • No charges for automated credits and cash withdrawals even after the 30 month free introductory period.

FSB business banking account

A business bank account ideal for

Members of the Federation of Small Businesses (FSB).

Find out about the services and benefits of FSB membership here

  • Free everyday business banking. **Subject to FSB monthly limits

  • Access to an overdraft with no arrangement fee (subject to application, status and assessment of your financial circumstances). You’ll be charged debit interest on your overdrawn balance and security fees may apply.

Community Directplus

A business bank account 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

A business bank account ideal for

Businesses with a high cash turnover looking for 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

A business bank account 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.

Continue a business account application

Your business already has a business account with us

Continue with a business account application

New customers

Continue with a sole trader or single director application

Continue with a Partnerships, Limited Companies and Limited Liability Partnerships application

Start-up Guide for New Business Owners

When starting a new business, it can be confusing to know where to start. We created a Start-up Guide for new businesses, packed with all the information you need, but didn’t know where to find.

View our Start-up Guide

Do I need a business bank account?

Whether you need a business bank account or not depends on the structure of your business, however, most banks, The Co‑operative Bank included, do not allow personal current accounts to be used for business purposes.

A separate business bank account helps you manage your business finances more effectively and can give you access to additional services, such as overdraft facilities or business savings accounts. They also help business owners to keep track of their expenses, as well as managing cash flow.

Already have a business current account somewhere else?

Learn how to switch your business account to us.

Current account switch guarantee logo



The Co-operative Bank has been voted the winner of the 2021 'Best Charity Banking Provider' award by Business Moneyfacts, for the sixth consecutive year.


The Co-operative Bank has been highly commended in the 2020 'Best Service from a Business Bank' award by Business Moneyfacts.

Our customer testimonials

30 months free everyday banking* makes a huge difference to our business.

Northwest Towbar Centre is a leading supplier of towbars and vehicle accessories based in Stockport. Nick tells us why he chose our Business Directplus Current Account.

Photo of Nick Batchelor from Northwest Towbars.

Help for existing customers

*Subject to Business Directplus monthly limits: 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.

**Subject to FSB monthly limits: Free banking covers up to £2000 cash per month free of charge. If you need to deposit more cash, you pay 75p per £100 extra.

Return to our selection of business current accounts

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.

FSCS logo

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

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.

Not found what you're looking for?

Contact our support team