The Co-operative Bank - Business Account

Business Directplus 

  • Free banking for 18 months for new Co-operative Bank customers  
  • The convenience of telephone, internet and postal banking plus the freedom to use their network of Co-operative Bank branches   
  • Easily switch all your direct debits and standing orders over using account switching services  
  • Access to an overdraft facility and other lending options (subject to status)  

FREE Business Banking:

  • No monthly service charge   
  • You can deposit up to £2,000 in cash and up to 100 cheques per month for FREE  
  • No charges for all automated credits and debits including:  
    • Standing orders, Direct Debit and Faster Payments  
    • All Business debit card transactions are FREE  
    • You can write up to 30 cheques per month for FREE  

At the end of the 18 months' free banking period, you'll be automatically transferred onto their standard tariff. For a £5 monthly charge you'll still be able to deposit up to £2,000 in cash and up to 100 cheques per month, plus make unlimited automated credits including: Direct Debits, Faster Payments and standing orders.  

FSB Business Banking 

A unique banking package - exclusively for Federation of Small Business (FSB) members  

FSB Business Banking gives you a range of benefits that include:  

  • No charges for everyday banking services  
  • Free to pay in up to £2,000 cash per month. If you need to deposit more, you pay 75p per £100 extra  
  • Fee-free overdraft subject to application and status  
  • Free to pay in cheques  
  • A business debit card  
  • Access to a business charge card with no monthly fee subject to application and status. It offers an interest-free period of up to 38 days  
  • A free change facility at Co-operative Bank branches (by arrangement) so you always have enough coins and notes  
  • Annual £25 loyalty bonus  
  • You can access your account online, over the telephone, by post or by arrangement at your local Post Office  
  • This account is only available to members of the FSB. To find out more about the services and benefits of membership, visit