Free everyday banking
Cash limits apply.
Our Current Account Switch service makes switching fast and free.
Integrate your accountancy software such as Quickbooks into your online banking
Available from Go Get Paid, it makes getting paid easier
Start-up guides, articles on the Business Exchange, free webinars and fraud education
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.
Cash deposit limits apply
This account is only available to businesses who are members of the FSB.
You can apply for one of our savings accounts during your application for this bank account.
During your account application, you can also apply for an arranged overdraft for cash flow and short term borrowing.
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 FSB account you and key parties must be:
You or your organisation must be a member of the Federation of Small Businesses, and 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 FSB 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.
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
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.
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 with a sole trader or single director application
Continue with a Partnerships, Limited Companies and Limited Liability Partnerships application
Our Current Account Switch Service makes switching your account simple, fast and free.
Learn how to switch your business account to us.
Free for 30 months, then £7 per month thereafter
Banking limits and minimum balance apply
No monthly service fee
Charges apply for cash, cheque and other special services
No monthly service 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.
Please read further information on the FSCS scheme here or visit their website.