New to Barclays?
You can apply for a new business bank account through the Barclays app4 if you’ve been trading for less than 12 months and you’re a sole trader, or the director of a limited company with no other directors or shareholders.
Business account for turnover up to £400k
Easy everyday banking for established businesses
Our straightforward banking frees up your time so you can concentrate on your business, through our safe, secure Online Banking and our award-winning app1.
You can make payments at home and abroad, arrange cash collections, apply for borrowing and much more – wherever you are, 24 hours a day.
When you want support to grow your business, we’ll put an expert team around you. We offer more than local knowledge, sector expertise and connections to specialists. With experts in cashflow, international expansion, payments and more, our teams will help you fuel growth and navigate your business Moneyverse.
Why move your business account to us?
Our UK-based Business Direct team2 offers a wide range of guidance and support, from shaping your strategy and growth plan to managing your cashflow. For your day-to-day banking, our Everyday Banking team is here to help.
You'll also enjoy free invoicing and accounting software from FreshBooks3to log, track and manage your invoices and expenses. As you adapt to change and respond to opportunities, we can help connect you with specialist support to help you succeed.
Cashflow and lending
As you start expanding, we can help you manage the influx of cash and access to money when you need it. We’ll guide you through overdrafts, lending and credit cards, to solutions such as asset and invoice finance with our partners. All lending is subject to application, financial circumstances and borrowing history.
International expansion
As you establish your business presence in new countries around the globe, we can help you thrive in new markets. With international payments and currency accounts, free insights into local markets and cost savings with exclusive discounts, we’ll get you the support you need to expand your business overseas.
Payments
As your sales increase, Barclaycard can make it easy for you to sell and your customers to buy. Face-to-face, online, and over the phone, there’s a range of payment solutions that could help you improve customer experience and increase sales.
Other opportunities for growth
As your business adapts and grows, make it a success with help from our specialist teams – like our high growth and entrepreneur experts. We can help you look at alternative ways to fuel growth, supporting you with acquisition, vertical integration and investments, or connecting you to different perspectives through our initiatives, webinars and events.
We’re ready to back you and your business
Price plans
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We have two Price Plans to choose from, designed for the way your business makes and receives payments.
Mixed Payments Plan – for businesses that use cash, cheques or a range of ways to make and receive payments.
e-Payments Plan – for businesses that receive electronic payments and make payments mainly through Online Banking and debit cards.
Electronic payments (in or out)Cash payments (in or out)Cheques and assisted payments (in or out)Cash machine cash out and electronic internal transferMonthly account feeMixed Payments PlanElectronic payments (in or out)Cash payments (in or out)Cheques and assisted payments (in or out)Cash machine cash out and electronic internal transferMonthly account fee £e-Payments PlanElectronic payments (in or out)Cash payments (in or out)Cheques and assisted payments (in or out)Cash machine cash out and electronic internal transferMonthly account fee £See how much you could pay with each plan. Enter the details of payments into and out of you account for an average month (leaving any you don't use blank). We'll then calculate your potential fees.
£Thanks. Here's how much you'd need to pay in the year after your free 12 months:Number of paymentsElectronic payments (in or out)Cash payments (in or out)£Cheques and assisted payments (in or out)Cash machine cash out and electronic internal transferMixed Payments PlanElectronic payments (in or out)£Cash payments (in or out)£Cheques and assisted payments (in or out)£Cash machine cash out and electronic internal transfer£Monthly account feePer month£Total per month£e-Payments PlanElectronic payments (in or out)£Cash payments (in or out)£Cheques and assisted payments (in or out)£Cash machine cash out and electronic internal transfer£Monthly account feePer month£Total per month£The Price Plan calculator is for guidance only.For more information on our charges, download our Business Current Account Price Plan Charges sheet [PDF, 544KB]5
Price Plan Guarantee
The way your business makes and receives payments can change over time. To make sure you’re always on the plan that offers the best deal, we’ll carry out a review each year. We’ll contact you if we think a different plan could save you money and move you on to it, unless you advise us otherwise. However, if you think another plan would suit your needs better, you can move whenever you like – just let us know.
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We pay you back a proportion of the charges we apply to your current account on a monthly basis. It’s our way of rewarding you for being our customer.
What percentage of my charges can I get back?
Annual credit turnover
Under 1 year
1 - 5 years
5 - 15 years
Over 15 years
Up to £99,999.99
0%
5%
10%
15%
£100,000 to £249,999.99
5%
10%
15%
20%
£250,000 to £499,999.99
10%
15%
20%
25%
£500,000 to £1,999,999.99
15%
20%
25%
30%
£2,000,000 and over
25%
30%
40%
50%
For more details on how our Loyalty Reward works, download our Business Current Account Price Plan Charges Sheet [PDF, 544KB]5
Eligibility
To open a new business current account or switch your business account to us, you’ll need to meet these criteria.
- Be at least 18 years old
- Have the right to live in the UK permanently
- Provide at least 12 months’ UK address history
This account is suitable for most businesses that have a turnover of up to £6.5m. We have specific criteria for businesses in certain sectors, such as agriculture, social housing and some others. Please call us on 0800 515 4625 to clarify whether this account is right for your business.
Switch to us
We recommend a full switch if you’re ready to close your existing business account. You may prefer a partial switch if you’re not ready to close your existing account.
You’ll need
- Your address history for the past three years
- Business details, such as your registration number, address and the date of incorporation if your business is a limited company
- Your personal details
- Details of financial arrangements, such as mortgages, loans and credit cards
Participating providers of UK business bank accounts have agreed to a basic set of information they will need from you to set up your UK business current account. Find out what you’ll need to provide using the simple business banking checklist from UK Finance, the UK’s leading trade association for financial services.
We'll take care of your bank account switch
Call 0800 515 462 6 if you run a smaller business, charity or trust and want to switch your account to us.
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Foreign currency account
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Reduce your exposure to exchange-rate fluctuations and simplify international payments, whether you’re importing or exporting.
International Business Payments
Send and receive international payments
Make quick and secure payments, whether you’re trading with the United States or United Arab Emirates.
Other services that may interest you
High Growth & Entrepreneurs
Bank on your future
Doing business abroad
We’ll help you expand overseas
Whether you’re importing or exporting, starting out or expanding further, we have the tools and services to help your business grow.
Business Insurance
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