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Eligibility criteria

Our Business Term Deposit Accounts have been created for:

  • Limited Companies, Partnerships, Limited Liability Partnerships and Sole Traders
  • as well as Universities and Colleges

That meeting the following criteria:

  • are based and operate in the UK (excluding Channel Islands, Isle of Man & Northern Ireland)
  • have owners, directors, senior management and account signatories over 18 years old

This account isn't designed for

  • Clubs, Societies and Charities
  • Designated client funds
Additional eligibility criteria

It's also not suitable for businesses that:

  • Operate in or Trade with Crimea (Ukrainian territory), Iran, North Korea or Syria
  • Have bearer shares within their ownership structure
  • Are a shell bank
  • Undertake money services business as a primary or secondary business activity (e.g. bureau de change, money transmitters and cheque encashment agencies)
  • Are a Medicinal Cannabis related business
  • Are an unregistered high value dealer
  • Are businesses with nominee shareholders within their structure
  • Are Digital currency issuers
Back I agree the business is eligible