Standard Tariff

  • £10 monthly service fee

  • Straight forward charging

  • Access to free merchant services software and discounted terminals with Clover

  • Free access to our payment request tool Go Get Paid

Account overview

Only pay for what you use

Account service
Cost
Account service Monthly fee
Cost £10
Account service Automated credits
Cost 20p per item
Account service Automated debits
Cost 40p per item
Account service Debit card purchases
Cost 40p per item
Account service ATM withdrawals
Cost Free
Account service Manual credits
Cost 70p per item
Account service Cash paid in
Cost 80p per £100
Account service Cheques paid in
Cost 75p per item
Account service Cheques issued
Cost 60p per item
Account service Cash withdrawals
Cost 55p per item
Account service Cash exchanged
Cost £1.60 per £100

All definitions are explained within the tariff PDF. Read the full tariff for all fees and charges, terms and details.

Extras Details How to apply

Savings

View our savings accounts
Choose a savings option that suits your business goals During your application

Overdrafts

View our overdraft options here
Organise your cashflow During your application

Ready to check your eligibility and apply?

Additional support

Smartphone depicting an account balance Laptop depicting online banking functionality

Bank online, on the phone, on the go

Manage your account in a way that suits you

  • Mobile banking

    Manage multiple businesses from the same account, multiple users with payment authority, transaction history and payments

  • Online banking

    Send a variety of payment types, receive fraud and account alerts, have safe and secure open banking and have a daily limit up to £250,000

  • Financial Director Online

    Optional subscription service for complex payment types like bulk BACS, enable multiple business management and get a dedicated help desk

  • In branch or Post Office® banking

    Get banking support in branch from friendly advisors and deposit cheques and money or get change from your local Post Office®.

Our business tools

Grow and manage your business with a range of optional tools

  • Free and easy business payment requests

    Go Get Paid is a free app to quickly send payment requests to anyone

  • Start a sustainability journey

    Zellar helps you manage and improve your business’ sustainability goals

  • Easy ways for your customers to pay

    Clover has lots of options for payment and commerce solutions

  • Protect your business with insurance

    AXA Insurance provides options for your organisation and property

  • Expert advice to support your business

    Business Concierge offers legal advice, IT support and HR management

Clover Flex merchant services device

The Bank you can hold to account

October 2022 Which Eco provider for current accounts
Business Moneyfacts award winners 2016-2024
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I'm ready to apply

Check your eligibility and apply.

If you've already started one, you can continue your application here.

To be eligible for the Standard 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

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

Business account Terms and Conditions PDF

Standard Tariff account 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 about money mules

  • Please note: Your application is subject to status. This means we’ll assess your financial circumstances and complete credit checks.

  • Accounts are usually opened within 5 business days

Apply

Does your business have an account with The Co-operative Bank?

Are you a...

Continue a business bank account application

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

    Continue an application

Already have a business current account somewhere else?

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

Learn how to switch your business account to us.

Current Account Switch Guarantee logo

Not found what you're looking for?

Review and compare our business current accounts.

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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.