Cash Tariff

A business bank account with lower cash depositing fees for any type of business.

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Cash Tariff current account

Account highlights

This business bank account is suitable for businesses of all sizes looking for a clear and simple charging structure. Manage your account your way with a choice of ways to bank. Online. On the phone. On the go.

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Free

ATM withdrawals at non-charging ATMs in the UK

Switching

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Key information

Our Cash Tariff account benefits from:

  • Free software integration

    Integrate your accountancy software like Xero, Sage or Quickbooks within your online banking

  • Free payment request app

    Go Get Paid, the free, simple and secure app to help you get paid on time

  • Free support tools

    Start up guides, articles on the Business Exchange, free webinars and fraud education

  • UK-based help and support

    Specialist business advisers on the phone and The Co-operative Bank Business Help app

  • Business services

    Partnership service offerings include insurance, sustainability tools, merchant services, HR tools and tech support

  • A choice of ways to bank

    Online and in-person banking including mobile, instant secure messaging, telephone and in-branch

Ready to apply?

Check your eligibility and apply.

Tariff and fees

Our Cash Tariff current account has a monthly service fee of £10 per month. There is also a clear and simple charging structure in place so it is clear how much you’ll pay.

Find out more about these standard charges, including other applicable charges and what they mean by viewing our Cash Tariff PDF.

£10 per month

Service fee

  • Savings

    You can apply for one of our savings accounts during your application for this bank account.

    View our savings accounts

  • Overdrafts

    During your account application, you can also apply for an arranged overdraft for cash flow and short term borrowing.

    More about our overdrafts

How to apply

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.

Before you apply

If you haven’t already, please read these documents before you apply.

To be eligible for the Cash Tariff account you and key individuals must be:

  • 18 or over
  • A UK resident with a business address in the UK
  • Free from county court judgements (CCJs), bankruptcy and individual voluntary arrangements (IVAs) over the last six years
  • Free from missed payments on any personal credit obligations in the last six months

You or your organisation must be either a:

  • Sole trader or partnership
  • Limited liability partnership
  • Limited company

If your organisation is a limited company, the following must be true:

  • The director has never been disqualified
  • The business has never been subject to insolvency or an intention to dissolve
  • The business has not had a negative net worth in the last set of financial accounts

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.

See other accounts

To apply for the Cash Tariff account, you'll need:

  • your business details, including tax information, expected turnovers, existing business current account details (if applicable), funds received by your business, and your Companies House registration number
  • a form of identification, such as your passport or driving license
  • a device (such as a phone with a camera) to take and upload a photo of yourself so we can verify your identity during the application process
  • details of shareholders and other authorised account users
  • change giving requirements (if you’re requesting change giving facilities).

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.

View UK Finance’s guide to opening a business account

Read the following important documents and save copies for your future reference.

Business account Terms and Conditions PDF

Cash Tariff PDF

Standards of Lending Practice PDF

How we use your personal information PDF

FSCS Information Sheet and Exclusions List PDF

Current Account Switch Agreement PDF

To view information on charging periods and pre-notification dates, please visit our account charging page.

Criminals recruit people to help them hide their criminal profits

Never open a bank account in either your name/business name for someone else to use, or agree to move money through your account for someone else – even if they offer you money in return. If you do this, you could be committing a crime with serious consequences.

Learn more

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Application timeline

  • Less than 45 minutes

    Apply online

    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

    Set up

    You will receive your online login information and security token details within seven to ten business days of application approval.

Continue a business account application

Continue a Sole Trader or single director application

Continue an application

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

Continue an application

Already have a business current account somewhere else?

Our Current Account Switch Service makes switching your account simple, fast and free.

Learn how to switch your business account to us.

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Not found what you were looking for?

Business Directplus

For those who want a choice of how they bank

Suitable for businesses of all sizes

Free for 30 months, then £7 per month thereafter

Banking limits and minimum balance apply

    • Pay in cheques and cash for free

    • Online and in-person banking options

    Business Current Account

    For those who prefer to bank online

    Only for Sole Traders, Single Directors or Shareholders; from start-ups to established businesses

    No monthly service fee

    Charges apply for cash, cheque and other special services

    • Free automated debits and credits, debit card purchases, ATM withdrawals and manual credits

    • Online and in-person banking options

    Federation of Small Businesses account

    An account built for small businesses

    No monthly service fee

    Banking limits apply

    • Lower banking fees

    • No arrangement fees on overdrafts

    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 Co-operative Bank and smile. Any total deposits you hold above the limit between these brands are unlikely to be covered.

    Please read further information on the FSCS scheme here or visit their website.