FSB members
No surprises here, learn how much you will pay. Find out more about these standard charges, including other applicable charges, and what they mean by viewing our FSB Tariff PDF. (effective until 19 July 2022)
FSB Tariff PDF. (effective from 20 July 2022)
Monthly service charge
Built for business
Best of ethical
Plus the essentials
Does this look like the right account for your business?
Check to see if your business is eligible.
Easy switching
Already have an account with another bank? Once your account is open, you can switch your old account to us in seven business days.
Savings account
With a few extra questions, you can apply for a savings account at the same time as your current account. Learn more about our savings accounts.
Please note, your application is subject to status. This means we’ll assess your financial circumstances and complete credit checks.
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:
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.
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.
Does your business have a current account with The Co-operative Bank?
Are you a...
Check out our full range of current accounts
Best for new customers looking for a period of free banking.
Best for businesses looking for a simple and straightforward account charging structure.
Best for businesses with a high cash turnover.
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 www.fscs.org.uk