Benefit from no monthly service fee
Single Directors and Sole Traders could receive their account details within two days
Integrate your accountancy software like Xero, Sage or Quickbooks within your online banking
Go Get Paid, the free, simple and secure app to help you get paid on time
Start up guides, articles on the Business Exchange, free webinars and Co-operatives UK business support scheme
Access specialist business advisors on the phone and The Co-operative Bank Business Help app
Partnership service offerings include insurance, sustainability tools, merchant services, HR tools and tech support
Online and in-person banking including mobile, instant secure messaging, telephone and in branch
Check your eligibility and apply.
Our Business Current Account has no monthly account fee for the period which you hold your account. And, digital transactions are free, making this account a great option for people who prefer to bank online.
Cash and cheque transactions attract a fee, along with specialist services. You can read the full tariff of fees and charges in the Business Current Account Tariff PDF.
Charges apply for cash and cheque transaction and other special services, e.g. foreign and CHAPS payments
Please note: Your application is subject to status. This means we’ll assess your financial circumstances and complete credit checks.
If you’ve already started an application you can continue it here.
To be eligible for the Business Current Account you and key parties must be:
You or your organisation must be either a:
If your organisation is a limited company, the following must be true:
Your application is subject to status. This means we’ll assess your financial circumstances and complete credit checks.
Not eligible for this account?
You may be eligible for one of our other accounts.
To apply for the Business Current Account, you'll need:
As a provider of UK business bank accounts, we have agreed to a basic set of information we’ll need from you to set up your UK business current account.
Find out what you’ll need to provide using the business banking checklist from UK Finance.
Read the following important documents and save copies for your future reference.
To view information on charging periods and pre-notification dates please visit our account charging page.
Less than 45 minutes
On average completing the application takes less than 45 minutes. You can also save it to complete later.
Within 5 business days
Get a decision
We aim to give decisions within five business days. If approved, your account details will be ready at the same time.
Within 10 business days
You will receive your online login information and security token details within seven to ten business days of application approval.
Free for 30 months, then £7 per month thereafter
Banking limits and minimum balance apply
No monthly service fee
Banking limits apply
£10 monthly fee
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.