Value for money with no hidden charges
If your business needs to hold clients' funds, our Client Business Current Account could be just what you're looking for. Open as many client accounts as you want and keep your clients' funds separate from yours, giving your clients a professional service.
Santander Business Banking provides dedicated banking services for customers with an annual turnover of up to £250,000.
Managing your clients' funds
Our Client Business Current Account ticks all the boxes if you run a professional practice that needs to hold funds on behalf of your clients.
Instant access: with our online and telephone banking and by using our ATM network
Tailored: keep all your client funds in one separate account, or have designated client accounts
Free transaction limits: stay within your limits and only pay for non-standard transactions
Interest: we pay you interest on credit balances, calculated daily and paid monthly. The rate is currently 0.01% AER / gross (variable).
You can also apply for a Client Business Reserve account for more interest.
Free transaction limits
Your day-to-day banking transactions are free, as long as you stay within the monthly transaction limits for cheque and cash deposits and withdrawals.
The only other charges you'll pay are for non-standard transactions, such as CHAPS. See our non-standard fees.
Your free transaction limits and charges for exceeding the free limits:
| Transaction | Free transactions per month |
Charge for exceeding free limit |
| Cheque deposits | 100 | 50p per item |
| Cash deposits1 | £3,000 | 50p per £100 |
| Cash withdrawals | 100 | 50p per item |
| Cheque withdrawals | 100 | 50p per item |
| BACS credits | No limit | Free |
| Debit card payments | No limit | Free |
| Direct Debits, standing orders and bill payments |
No limit | Free |
| Transfers between linked Santander business accounts |
No limit | Free |
1Cash deposits made at ATMs in Santander branches. Only bank notes can be deposited.
All charges are exempt from VAT.
We will notify you at least 14 days before charges are debited from your account.
Monthly transaction limits start on the monthly anniversary of the date your account was opened. For example, if you opened your account on 24 January, your monthly transaction limits start on the 24th of each month and run until the 23rd of the following month.
AER stands for Annual Equivalent Rate and shows what the interest rate would be if we paid interest and added it to your account each year. The gross rate is the interest rate we pay before income tax is taken off. Rates may change and we pay interest each month.
Santander UK plc reserves the right to refuse an application for an account under certain circumstances.
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