Business Current Account - Affinity

Specially negotiated for Santander Affinity Groups

We value our relationship with you, which is why we've taken our Business Current Account and made it even better, exclusively for you. 

Free day to day banking - as long as you stay within the below transaction limits:

• 50 cheques deposited per month maximum;
  
• £2,000 cash deposited per month maximum;
  
• 50 cash withdrawals per month maximum;
  
• 50 cheque withdrawals per month maximum; and
  
• No limits for BACS, debit card transactions, standing orders or bill payments.
  
• You can also benefit from specially negotiated excess cash deposit charge of £0.45 for every £100.

To be eligible you must be a member of a Santander Affinity Group and pay in at least £2,000 into your account each statement month. Credit transfers from other Santander accounts will not count towards the minimum monthly credit.  If £2,000 is not credited in a statement month a £10 flat fee will be charged to your account. This charge will be notified to you at least 14 days before it is debited to your account. We will regularly check you are still eligible for the account. If you no longer meet these conditions we will contact you in writing before taking any action.

To apply for this account call us on 0800 068 6698.

Business Current Account Affinity

Rates are variable and effective from 29 November 2010

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.

All charges are exempt from VAT.

To apply for this account call us on 0800 068 6698.

Information

Access and management

• You can access your account whenever you need to via telephone, online, post, Post Office® and our cash machine network
  
• Cash and cheque deposits can only be made through the Post Office®.
  
• You can choose to have a single or joint account (multiples of up to 10) and even nominate colleagues to have access to your account to manage it while you get on with running your business.

Accessing your account through the Post Office®

You can bank at any Post Office® branch (except for Isle of Man and British Forces branches) in the UK, providing access to a network larger than all of the UK banks and building societies combined.  You can use your Visa debit card to deposit or withdraw cash and check your balance FREE at any Post Office® branch (except for Isle of Man and British Forces branches).

Once you receive your cash deposit cards, you can also pay in cash over the counter at any Post Office® branch (except for Isle of Man and British Forces branches) with no need for paperwork. Simply take your card to the counter at any Post Office® branch (except for Isle of Man and British Forces branches) and hand it to a member of staff. They will swipe it and the amount deposited will instantly be recorded on our system. You'll be given a receipt for the deposit made.

Enjoy all these benefits when you use the Post Office® (except for Isle of Man and British Forces branches):

• High street convenience and accurate processing.
  
• Cash funds clear into your account straight away for card transactions.
  
• View your deposits the same day via online banking.
  
• View your balance.

If depositing cheques at the Post Office® branch (except for Isle of Man and British Forces branches), use the deposit paying-in slips and pre-addressed envelopes provided. Just pass the
envelope over the counter. Please complete a new deposit paying-in slip for each batch of ten cheques.

Deposit Accounts

Business Direct Saver

Simple, straightforward way for businesses to maximise their surplus funds with some of the most competitive rates on the market.

We understand that as a business it is important to ensure you are making the most of your funds. One way you can do that is through making any extra funds you have work as hard as possible. Our Business Direct Saver is open to all businesses with a turnover of up to £1 million.

You can start saving from as little as £1 and up to a maximum of £2 million. There is no restriction on making additional deposits (up to a maximum of £2 million) so the more you pay in the more you benefit from a better interest rate, Interest will be calculated on a daily basis and paid on a monthly basis.

There are no limits as to how many accounts you can open; and if you need to close your account, you can do so without paying a fee or losing any interest.

Plus you get flexibility and peace of mind knowing you can access your funds at any time.

• No notice account, giving you instant access to your funds
  
• No penalty on closures
  
• FREE and unlimited withdrawals (BACS, Faster Payments, ATM withdrawals only)
  
• FREE and unlimited deposits (BACS, Faster Payments and cheques only)
  
• Convenience of an ATM card to withdraw cash, check balance and receive mini statement
  
• Manage your account online, over the phone, by fax or post

Business Direct Saver

Rates are variable and effective from 1 April 2009

For more information please contact us on 0800 068 6698

Lending options

Business Overdrafts

One of the most effective means of funding your short term finance needs is through a Business Overdraft. Our Business Overdrafts are available on either a secured or unsecured basis, dependent on your current situation.

Business Overdrafts are flexible and easy to arrange and can be used to provide working capital, assist with cash flow or cover stock holding, trade debts, dividend payments or other business needs.

Business Loans under £25k

Santander Small Business Loan

Our business loans offer a cost-effective way of injecting funds into your business.

We can offer you:

• Competitive fixed interest rates
  
• Flexibility to borrow any amount from £1,000 to £25,000
  
• Fast decisions and quick access to your funds
  
• Choice of repayment terms between 1 - 5 years
  
• No security required
  
• Competitive arrangement fees

For more information please contact us on 0800 068 6698

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR OTHER BUSINESS FINANCE SECURED AGAINST IT.

These products are available to businesses with a turnover of £1 million or less. A Santander Affinity Group is a representative body or organisation with an agreement in place with Santander Business Banking to offer preferential rates on products