The Treasurer's Current Account comes with
Day-to-day banking for not-for-profit organisations, clubs, societies and charities.
Access your account at the Post Office and cash machines.
An award-winning Business Mobile Banking app to help you run your organisation on the move.
Beyond banking handy extras for your organisation. Including a learning and knowledge suite, insurance, HR services and a network of Work Cafés.
What you need to apply
You can have this account if you’re 18 or over and live in the UK and your organisation:
is a not-for-profit, such as a club, society or charity registered in the UK; and
has an annual turnover of up to £250,000.
This account should only be used by the organisation. It isn't for personal use.
More than just a bank account
Santander is an award-winning, trusted bank with 173 million customers in 10 countries throughout the world.
Account information
How much does it cost?
There’s a £4.99 monthly fee to maintain the account. It’s paid from your account automatically each month.
The following won't be charged a monthly account fee:
- registered charities
- charities exempt from registration
organisations with excepted charity status.
Paid-for transactions
All your day-to-day banking is included within the Treasurer's Current Account.
- Cash deposits
- Depositing and sending cheques
- Depositing cash over the Post Office® counter
- Cash machine withdrawals
- Direct Debits, standing orders and bill payments
- BACS credits
Debit card payments
Non-standard transactions
Charges apply to non-standard transactions such as change-giving, Post Office withdrawals, CHAPS payments and foreign currency transactions. Please see the General Terms and Conditions and Key Facts Document for full details.
Overdrafts
There’s no arranged overdraft available on the Treasurer’s Current Account.
We won’t charge you any interest or fees if:
- you use an unarranged overdraft
- we allow a payment despite lack of funds
- we refuse a payment due to a lack of funds.
Everything you need to know before you apply
We recommend reading the information in the documents below before you apply.
- Treasurer’s Current Account Key Facts Document (PDF - 274 KB)
- General Terms & Conditions (PDF - 866 KB)
To view these you may need to download Adobe Reader
Have you got the right ID?
To make your application as easy as possible we’ve created a checklist, so you have all the information you’ll need (PDF - 85 KB)
Important information
- No interest is paid on Treasurer's Current Account credit balances.
- Unless your account was opened before 28 November 2014, you must have at least 2 (and a maximum of 3) authorised persons who will operate the account. Any one authorised person can make a payment or give instructions on the account.
- You can also nominate other colleagues to have access to your account to pay money in or take it out.
Ways to bank with us
24/7 banking on all your devices. You can set up paper-free statements and set up personalised account alerts.
- Online Banking
- Mobile Banking app
- Face-to-face banking at Post Office branches
- Telephone Banking
- Use our cash machines to withdraw cash, make cash and cheque deposits, check your balance and manage your PIN (all transactions subject to account limits)
Account alerts
We'll send you free alerts when:
- you make a payment that might take your account into an unarranged overdraft
- we refuse a payment due to lack of funds or intend to refuse a future payment due to lack of funds.
We’ll send these alerts before your account's charged so you have time to pay in money to avoid or reduce these charges. It’s important to tell us if your mobile number or email address changes as we’ll send alerts by:
- text
- push notification
- and/or email.
You'll be automatically registered for these alerts. You can manage your alerts settings at any time by using Online Banking. For more information, visit our account alerts page
Need more help? Please contact us
Security
Keep your banking details private and secure.
Visit our Security Centre for more information and how to stop the threat of fraud.
How we manage scam claims
We’ll support you if you’ve fallen victim to fraud. Find out more about our approach to fraud
Digital banking with us
Whether that’s using Online Banking or our award-winning Mobile Banking app we offer a secure way to access and manage your banking needs 24/7.
Switch to us in 7 days
You can switch your business current account to us from your current bank, as long as they're past of the CASS guarantee (PDF - 42 KB). We’ll do the hard work, like closing your old account and moving payments.
It’s simple, reliable and stress-free.