Terms and conditions
How Open Banking could affect your accounts
If you’re a business customer, these are the details about Open Banking that you need to know.
Open Banking
From January 2018, new regulations are being introduced which will allow you to share your banking data with other banks or providers, or make payments through third parties. This initiative is referred to as Open Banking – we’ve made the following changes to your product terms and conditions, to comply with Open Banking.
- Statements – we’ve clarified the position on statements in our Business Customer Agreement and so have simplified some of the language in our product specific terms and conditions. Please see your Business Customer Agreement for more information
- Interest – we’ve updated some of our web references to make it easier for you to find information about your interest rates
We’ve made these changes to the following product-specific terms and conditions, and tariffs.
Business current accounts
Business Current Account Price Plan Charges 13 January 2018
Business Free Money Transmissions Tariff 13 January 2018
Community Account Tariff 13 January 2018
Barclays Business Tariff 13 January 2018
Barclays Business Tariff – Free Money Transmission 13 January2018
Deposits accounts
Business Premium Account 13 January 2018
Clients Premium Account 13 January 2018
Currency Call Deposit Account 13 January 2018
EUR Business Premium Account 13 January 2018
USD Business Premium Account 13 January 2018
Foreign currency account
Euro Account 13 January 2018
Currency Account 13 January 2018
Terms and conditions and tariffs for off sale products
Business Bespoke 13 January 2018
Business Free Automated Transactional Tariff and Business Credit interest Tariff 13 January 2018
Business Discount 20 13 January 2018
Business Discount 10 13 January 2018
Active Saver 13 January 2018
Rate Reward 13 January 2018
Base Rate Tracker 13 January2018
Business Saver 13 January 2018
Business Tracker 13 January 2018
Client Saver 13 January 2018
Currency Business Tracker 13 January 2018
Direct Access Issue 2 (ING) 13 January 2018
Direct Access/Premium Direct Access/10 Day Notice/Premium 10 Day Notice (Standard Life) 13 January 2018
Business Commission Free 13 January 2018