To apply, you and the key parties need to be:
- Aged 18 or over
- Free from County Court Judgements (CCJs), bankruptcy and IVAs over the last 6 years
- Free from missed payments on any personal credit obligations in the last 6 months
- A UK resident with a business address in the UK.
Your organisation must be either:
- A registered charity, a co–operative or community benefit society registered with the FCA, a credit union or a community interest company; and
- Your account must not exceed any one of the following annual account limits: credit turnover exceeds £1million, deposit more than £100,000 in cash or deposit more than 5,000 cheques.