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

Base 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