Perfect if you need to hold and manage your clients' funds
Our client account is designed to help professional firms hold client money safely and securely. If you look after money for clients, this account may be the right one for you.
- Get instant access to funds without penalties
- With the ability make unlimited deposits and withdrawals.
- No monthly fee or transactional charges for designated client accounts
- Other charges may apply - check our Business Banking Tariff Guide
- Branches built for business
- Our UK-wide Branches are the perfect spot for coffee, co-working and events.
- Don't wait for post
- Paper-free statements and most letters.
Is this account right for you?
Just remember
- The client account is available to professional firms supervised by a designated professional body to prevent financial crime. Letting agents must meet additional requirements.
- Designated clients funds are exempt from charges, however transactional charges may apply to general clients monies.
- A £500 minimum deposit is required to open this account. There’s no minimum balance after opening though and no maximum balance either.
- You won’t be able to set up standing orders or Direct Debits on this account unless its in exceptional circumstances.
Before you apply
Before applying please make sure you have read the following;
Bringing Nationwide and Virgin Money together
Virgin Money’s business will become part of Nationwide on 2 April 2026, subject to Court approval.
These changes could impact your protection under the Financial Services Compensation Scheme (FSCS).
Understand what this means for youApply for an account
Business Current Account Checklist
What you’ll need to open an account
Alongside other UK banks and UK Finance, we've agreed to a basic set of information that you'll need to supply to set up your new current account. This simple guide will help you work out what information you need.
View the guide Link opens in a new window
Which account has your name on it?
This isn't the only business current account we can offer you. To help you decide if it's the one for your business, see how it stacks up against the others.
Compare business current accounts