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Business deposits qualification criteria

Applications for a business deposits account must meet the following criteria:

  • All applicants are over 18 years, UK residents and are liable to pay tax in the UK.
  • The business been registered in the UK for at least 3 years and is registered with HMRC to pay tax in the UK.
  • The business is not engaged in any of the following activities: oil or gas production; leather tanning; manufacturing, dressing or dyeing of fur; armaments; defence activities; wholesale or recovery of waste or scrap; banking or credit; trade finance; insurance or pensions activities; gambling or betting activities.

Unfortunately if your application does not meet these criteria, you will not be eligible for this product.

Further details for our business deposits accounts can be found in the Business Deposits Terms and Conditions