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 – with online tools and business banking experts to help it grow.
Start-up business account
Banking that lets you spend more time on your business
Starting a business means there’s more to think about than managing your bank account, so we give you the online tools and expertise to help you grow.
Increased demand for our services, together with difficulties caused by the coronavirus situation, mean we’re currently limiting start-up business account applications.
This means you can only apply if you already have a personal or business account with us.
We’re sorry about this and we’re doing everything we can to get things back to normal as soon as possible, so please check this page regularly for updates. Thank you for your patience and understanding.
Guidance for personal customers running businesses
Though personal current accounts shouldn’t be used for business purposes, we understand that some small businesses use them for business transactions. You don’t need a Barclays Business current account to be eligible for a Bounce Back Loan, but we’ll need to verify some details about your business before you can apply. If you’ve been using a personal account for trade and think your business qualifies for a Bounce Back Loan, you can call the New Customer Team on 0800 515 4621 to discuss creating a business relationship.
You’ll also need to provide proof that your business was trading through your Barclays personal account on or before 1 March 2020.
We’re receiving a high number of calls right now, so it might take us longer than we’d like to answer your call.
Why choose a business account with us?
Our start-up account gives you a host of free tools and the support you need to help your new business thrive – and it’s free for the first 12 months2.
Everyday banking that saves you time
Spend less time managing money and more time focusing on your business with our safe, secure and simple Online Banking tools and our app.
You can manage payments, check your statements and much more, 24 hours a day – whether you’re at home, in the office or on the move.
More than just telephone banking
Our Everyday Banking team is here to help with your day-to-day banking, while our UK-based Business Direct team3 is on hand to give advice and support for your growing business – from strategy, planning and cashflow, to help on lending and trading abroad.
Expertise is just a phone call away so there’s no need to leave your workplace – call any time from 7am to 8pm, Monday to Friday.
Specialist support to help you thrive
If you’re just getting started, our range of comprehensive guides can help with everything from business structures to finding funding.
You can’t always predict where your new business will take you. As you adapt to change and respond to opportunities, we’re ready to connect you to specialist teams like our accredited International Team and High Growth & Entrepreneur experts.
Bounce Back Loan Scheme
We’re no longer able to offer you a Bounce Back Loan if you’re operating your business through accounts with other banks. To apply for a Bounce Back Loan with us, you’ll need to be a Barclays Business customer, or have a personal current account with us that was opened on or before 1 March 2020. You’ll also need to provide proof that your business was trading through that personal account on or before that date, and be able to provide the additional documents on this list.
Apply online for a start-up business account
If you already have a personal or business current account with us you can apply over the phone or in one of our branches – but the quickest way is to apply online.
We need a basic set of information to open a start-up business account. See the guide to what we need at UK Finance, the UK’s leading trade association for financial services.
Already bank with us?
This only means a personal or a business current account. If you have anything else with us, choose ‘No’.
We’re sorry, but we’re currently limiting applications
Increased demand for our services, together with difficulties caused by the coronavirus situation, mean we’re currently limiting start-up business account applications.
This means you can only apply if you already have a personal or business account with us.
We’re doing everything we can to get things back to normal as soon as possible, so please check this page regularly for updates. Thank you for your patience and understanding.
You need to call us to switch
You can’t switch your account from another bank online today – please call us on 0800 515 462 instead. Lines are open Monday to Friday, 9am to 5pm. To maintain a quality service, we may monitor and record phone calls. Call charges
Switching your business account to us?
Which type of business are you?
You need to call us to continue
You can’t apply online today – please call us on 0800 515 462 instead. Lines are open Monday to Friday, 9am to 5pm. To maintain a quality service, we may monitor and record phone calls. Call charges
Check if you're eligible
You need to
- Be over 18
- Live in the UK permanently (excluding Jersey, Guernsey and the Isle of Man), with at least 12 months’ UK address history
- Have been trading for less than 12 months
If you don’t meet these, call us on 0800 515 462 to book an appointment in branch. Lines are open Monday to Friday, 9am to 5pm. To maintain a quality service, we may monitor and record phone calls. Call charges
Are there any directors, shareholders, or secretaries in your company, other than you?
Before you continue
Using information about you
Barclays is committed to protecting your personal data. We will use your information for a number of different purposes, for example, to manage your account(s), to provide our products and services to you and others and to meet our legal and regulatory obligations. We may also share your information with our trusted third parties for these purposes. For more detailed information on how and why we use your information, including the rights in relation to your personal data, and our legal grounds for using it, please go to Barclays Privacy Hub or you can request a copy from us.
Identity checks and fraud prevention
In order to process your application, we will supply your personal information to credit reference agencies and fraud prevention agencies and they will give us information about you, such as about your financial history. We do this to check your identity, manage your account and prevent criminal activity. These agencies may in turn share your personal information with other organisations. If false or innacurate information is provided to us and fraud is identified, details may be passed to credit reference and fraud prevention agencies to prevent fraud and money laundering and to verify your identity. The Credit Reference Agency Information Notice (CRAIN) describes how the three main credit reference agencies in the UK each use and share personal data. The CRAIN is available on the credit reference agencies’ websites:
For more details on how the information is held by us, credit reference agencies and fraud prevention agencies may be used, please go to Barclays Privacy Hub or you can request a copy from us.
Terms and conditions
Please click on the links below to read.
Our Business Banking Customer Agreement, which sets out the terms and conditions that apply to this account and your relationship with us, and the FSCS information sheet.
Your eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS), the UK's deposit guarantee scheme. The link below will take you to the FSCS Information Sheet – please read this to find out what is and isn't covered in the scheme. You can also print or save a copy for future reference.
For your own protection and benefit, please read the terms and conditions and FSCS sheet carefully before you accept and continue.
Terms and conditions [PDF 4.61 MB]
FSCS information [PDF 81.7 KB]
Business account charges
Please click on the links below to read our tariff documents, which include details on what we charge for banking services.
12 months free banking available for small businesses, including setting up their first business bank account within the first 12 months of trading. There is no charge for standard transactions for 12 months (‘initial free banking period’) from opening a business current account with us. Standard transactions include most payments out (debits) and payments in (credits). Automated transactions through telephone and internet banking are included, as are cheque transactions, cash handling and paper/online statement services. There are charges for non-standard transactions, such as audit letters, returned or stopped cheques, international payments and duplicate statements.
Charges will commence at the end of the 12 months free banking period
For your own protection and benefit, please read the terms and conditions relating to charges carefully before you accept and continue.
Standard and non-standard transactions [PDF 375 KB]
Business account charges [PDF 437 KB]
Your card and statements
Your business debit card
We’ll send you your business debit card once your application is approved. See more information about this card [PDF 801 KB].
Statements
You’ll receive online statements for this account
By opening this account, you agree to receive your statements in Business Online Banking and the Barclays app. We’ll send these monthly – we’ll send you an alert when they’re available. You can change your preferences at any time in Barclays Online Banking or the Barclays app. In Business Online Banking, select ‘Profile’ then ‘Statement and letter preferences’. In the app, tap ‘More’ on the home screen, choose ‘Manage accounts’ then ‘Statement and letter preferences’.
You’re ready to apply
It’ll take around 15 minutes.
Here’s what we’ll need from you
- Your details, including your name, date of birth, phone number and address history for the last three years
- Your business details, including your trading information and tax information
Log in to Online Banking
We need you to log in so we can use the information we already have about you. This will help speed up your application.
You need to call us to continue
You can’t apply online today, as you’re not the only person we need to speak to from your company – please call us on 0800 515 462 instead. Lines are open Monday to Friday, 9am to 5pm. To maintain a quality service, we may monitor and record phone calls. Call charges
Check if you're eligible
You need to
- Be over 18
- Live in the UK permanently (excluding Jersey, Guernsey and the Isle of Man), with at least 12 months’ UK address history
- Have your business registered in the UK (excluding Jersey, Guernsey and the Isle of Man) with Companies House
- Have been trading for less than 12 months
If you don’t meet these, call us on 0800 515 462 to book an appointment in branch. Lines are open Monday to Friday, 9am to 5pm. To maintain a quality service, we may monitor and record phone calls. Call charges
Before you continue
Using information about you
Barclays is committed to protecting your personal data. We will use your information for a number of different purposes, for example, to manage your account(s), to provide our products and services to you and others and to meet our legal and regulatory obligations. We may also share your information with our trusted third parties for these purposes. For more detailed information on how and why we use your information, including the rights in relation to your personal data, and our legal grounds for using it, please go to Barclays Privacy Hub or you can request a copy from us.
Identity checks and fraud prevention
In order to process your application, we will supply your personal information to credit reference agencies and fraud prevention agencies and they will give us information about you, such as about your financial history. We do this to check your identity, manage your account and prevent criminal activity. These agencies may in turn share your personal information with other organisations. If false or innacurate information is provided to us and fraud is identified, details may be passed to credit reference and fraud prevention agencies to prevent fraud and money laundering and to verify your identity. The Credit Reference Agency Information Notice (CRAIN) describes how the three main credit reference agencies in the UK each use and share personal data. The CRAIN is available on the credit reference agencies’ websites:
For more details on how the information is held by us, credit reference agencies and fraud prevention agencies may be used, please go to Barclays Privacy Hub or you can request a copy from us.
Terms and conditions
Please click on the links below to read.
Our Business Banking Customer Agreement, which sets out the terms and conditions that apply to this account and your relationship with us, and the FSCS information sheet.
Your eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS), the UK's deposit guarantee scheme. The link below will take you to the FSCS Information Sheet – please read this to find out what is and isn't covered in the scheme. You can also print or save a copy for future reference.
For your own protection and benefit, please read the terms and conditions and FSCS sheet carefully before you accept and continue.
Terms and conditions [PDF 4.61 MB]
FSCS information [PDF 81.7 KB]
Business account charges
Please click on the links below to read our tariff documents, which include details on what we charge for banking services.
12 months free banking available for small businesses, including setting up their first business bank account within the first 12 months of trading. There is no charge for standard transactions for 12 months (‘initial free banking period’) from opening a business current account with us. Standard transactions include most payments out (debits) and payments in (credits). Automated transactions through telephone and internet banking are included, as are cheque transactions, cash handling and paper/online statement services. There are charges for non-standard transactions, such as audit letters, returned or stopped cheques, international payments and duplicate statements.
Charges will commence at the end of the 12 months free banking period
For your own protection and benefit, please read the terms and conditions relating to charges carefully before you accept and continue.
Standard and non-standard transactions [PDF 375 KB]
Business account charges [PDF 437 KB]
Your card and statements
Your business debit card
We’ll send you your business debit card once your application is approved. See more information about this card [PDF 801 KB].
Statements
You’ll receive online statements for this account
By opening this account, you agree to receive your statements in Business Online Banking and the Barclays a pp. We’ll send these monthly – we’ll send you an alert when they’re available. You can change your preferences at any time in Barclays Online Banking or the Barclays app. In Business Online Banking, select ‘Profile’ then ‘Statement and letter preferences’. In the app, tap ‘More’ on the home screen, choose ‘Manage accounts’ then ‘Statement and letter preferences’.
You're ready to apply
It’ll take around 15 minutes.
Here’s what we’ll need from you
- Your details, including your name, date of birth, phone number and address history for the last three years
- Your business details, including your trading information and tax information
- Your Companies House registration number
Log in to Online Banking
We need you to log in so we can use the information we already have about you. This will help speed up your application.
-
You can apply for a start-up business account over the phone if
- You’ve had a personal or business account with us for at least 6 months, and
- You’re a sole trader, or a limited company and you’re the only director or shareholder
Please call us on 0800 515 46211 to start your application.
-
You can apply for a start-up business account in one of our branches if you already have a personal or business account with us. Please call us on 0800 515 46211 to make an appointment at a branch.
Price plans
Applicable after your free banking period.
-
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 sheet4 [PDF, 455KB]
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.
-
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 Sheet4 [PDF, 455KB]
Supporting your business
The Barclays app
Business Banking on the move
Use our app5 to run your accounts from the palm of your hand. Manage your accounts, invoice on the move and get instant help.
Barclays Invoicing
Send invoices from your smartphone, wherever you are
Do I need a business bank account?
If you’re using a personal bank account for your business, switching to a business one could save you time, simplify your business accounting and help you access business finance.
Need some help?
Talk to us online
Start a web chat if you’d like to ask us a question online.
Call us
Call us on 0800 515 462 1. Lines are open Monday to Friday, 9am to 5pm.