BUSINESS BANK ACCOUNT

Business Bank Account with a Personal Banker

Enjoy easy everyday banking, multi-company management, competitive deposit rates, and a personal banking relationship. Built for mid-market & scaling companies.

Eligible businesses need turnover above Β£1m, or Β£50k+ to deposit

FCA Regulated FSCS Protected up to Β£120,000

Top 1%

of commercial banks globally

Up to Β£120,000

Β£15.1bn+ lent

to businesses since 2015

Multi-entity company capabilities

DIGITAL BANKING

Easy digital banking for mid-market businesses

  • Manage multiple companies from a single login
  • Make large payments easily without hassle
  • Payments hub: direct debit, faster payments, Bacs, bulk pay up to 250 recipients
  • Set up payment approvals according to your policy
  • Give your whole team access, with custom roles and permissions for each user
  • Xero, Sage and NetSuite sync

BUSINESS SAVINGS

Business Savings with flexible options

Business Notice Account

Term AER Rate
30 days 3.20%
95 days 3.60%
125 days 3.65%

Business Fixed Term

Term AER Rate
6 months 4.00%
12 months 4.25%
24 months 4.25%
36 months 4.25%
A personal banker.

PERSONAL BANKER

Each account comes with a Personal Banker

Your company is assigned a dedicated Business Partner β€” someone who understands your structure, history and goals, and is available by phone or email, so there’s no repeating yourself or waiting on hold.

Used by many brands you may know

I have been so impressed by the speed and transparency with which OakNorth operates. If the major clearing banks want to learn about how to genuinely do things differently, they should be looking at OakNorth.”

Surinder Arora Β· Co-Founder and Chairman of Arora Group

The experience with OakNorth was genuinely delightful – fast, flexible, and focused. They may not be the cheapest lender in the market, but the quality of the experience makes the extra cost well worth it.”

Paul Crookes and Dave Walker Β· Founders of CWC

27 hours 23 minutes to open – I’ve opened many bank accounts with many providers and this is a clear record – it’s like the 100 meters vs. a marathon!”

Jeremy Gledhill Β· CFO at Honey

OakNorth are utterly unique in their approach and have been a dream to work with – they are the only lender I’d recommend for entrepreneurs in high growth.”

Matthew Mills Β· CEO of Deliciously Ella

Built for scaling businesses frustrated with traditional banks

Feature

Traditional Banks

Fees on FPS, Bacs, CHAPS

Multiple account logins

Account opening

Charges apply

Personal relationship

Weeks to months

Interest on deposits

Call centre

Near-zero rates

It's time to grow? It's time for OakNorth

Eligible businesses need turnover above Β£1m, or Β£50k+ to deposit