Our Client Current Account is designed for regulated businesses that need to keep their clients' money separate from their own. We offer two types of Client Current Account - designated and general (or pooled) - to existing Santander Business Current Account customers.
What you get
Free day-to-day business banking on electronic transactions such as Bacs credits, standing orders, faster payments
100 cheques deposited free each month (then £1.00 per cheque deposited)
100 cheques issued free each month (then £1.00 per cheque issued)
Online, Mobile and Telephone Banking
Free text and email alerts to help you keep control of your accounts
What you pay for
Cash and cheques deposited or issued above your monthly limit
Non-standard transactions outlined in the Key Facts Document in the Terms & conditions tab
Our Client Current Account offers free day-to-day business banking to existing Santander Business Current Account customers who are regulated businesses that need to keep their clients’ money separate from their own.
Free day-to-day business banking includes:
Direct Debits, standing orders and bill payments
100 cheques deposited for free each month (then £1.00 per cheque deposited)
100 cheques issued for free each month (then £1.00 per cheque issued)
There is a charge for non-standard transactions such as CHAPS and foreign currency transactions and for exceeding the monthly cheque deposit or issue limits; please see the Key Facts Document in the Terms & conditions tab for full details.
You’ll also benefit from:
24/7 secure access – manage your client accounts alongside your Business Current Account with secure Online and Mobile Business Banking
Free text and email alerts to help you keep control of your accounts
We offer two types of Client Current Account:
A designated account is for businesses that need to hold money on behalf of a single client, such as auditors, tax advisers, or property managers for holding rental income
A general (pooled) account is for regulated businesses, such as solicitors, who're involved in financial and property transactions, as well as landlords and property managers for holding tenants' service charges and security deposits
There is no Arranged Overdraft facility available on this account. You will go into an Unarranged Overdraft if your account balance drops below zero. The Unarranged Overdraft interest rate is 29.5% EAR (variable). The unpaid item fee is £15. Please see the Key Facts Document in the Terms & conditions tab for full details.
Your money, your way
You choose how you bank with us.
Need a helping hand? Use Send Me the Link to send yourself our mobile apps, videos, guides, & factsheets
Send me the link allows you to send yourself links for our mobile apps, videos, guides, & factsheets which can help you with your Online & Mobile Banking needs. Access Send Me the Link here.
Secure, 24/7 banking. Make payments, view statements and much more. More on Online Banking.
Bank from anywhere using our Santander Business Banking app or by using bb.santander.co.uk. Get the app.
Free text and email alerts
You don’t have to wait for your statement to arrive or to log on to find out something has happened on your account anymore. By setting up the alerts you want in Online Banking we can send you a text or email when it happens – such as when your balance goes above or below a certain amount. More on free alerts.
Call us on 0800 731 6666. Lines open 8am to 9pm Monday to Friday and 8am to 2pm Saturdays. More on Telephone Banking.
Protect yourself from fraud
It’s very important that you keep your banking details private and secure.
For more information about our approach to security as well as more useful information to help you stop the threat of fraud visit our Security Centre.
No interest is paid on Client Current Account credit balances.
Your day-to-day business banking is free on the Client Current Account as long as you don’t exceed the monthly cash and cheque limits.
There is a charge for non-standard transactions such as CHAPS and foreign currency transactions and for exceeding the monthly cheque deposit or issue limits; please see the Key Facts Document in the Terms & conditions tab for full details. Fees for any standard or non-standard transactions will be taken from this account only. A full list of non-standard transactions is available in the Key Facts Document.
Everything you need to know before you apply
We recommend reading the information in the documents below before you apply. You may like to save or print them so you can refer to them in the future.
Business Client Current Account Key Facts Document (pdf) including Statement of Lender and Borrower Responsibilities, FSCS Information Sheet and Exclusions List
General Terms Conditions (pdf) including Terms of Business
With effect from 13 January 2018, the Business Client Current Account Key Facts Document and General Terms & Conditions will be updated. For details of what is changing please see account changes
To view these documents, you may need to download Adobe Reader.
You can apply for a Client Current Account if:
Please note: we may need to verify that you’re regulated by an appropriate body.
Apply in branch
Contact your local branch to see if a Business Relationship Manager is available to support you.
Business Account Checklist - What you’ll need to open an account
Participating providers of UK business bank accounts have agreed to a basic set of information that they will need from you to set up your UK business current account. Find out what you’ll need to provide using the simple Business Account Checklist from UK Finance, the UK’s leading trade association for financial services. This is only a standard checklist, so you may have to provide additional information while completing our application form.
No - as you are an existing Santander Business Current Account customer, we have already conducted the necessary checks on you and your business. We may, however, need to verify the source of your clients’ funds once you deposit into your Client Current Account.
No - there are no cards available on either the Client Current Account or the Client Saver. You can, however, operate your client accounts through our Online Banking and Mobile Banking apps and via the telephone.
If your client’s funds are held in an undesignated account along with other clients’ funds, you don’t need to change any details.
If your client’s funds are held in a designated account and it is no longer required, you should close the existing account. If a designated account is required for another client’s funds, you should open a new designated account. You should contact your local branch if you need to apply for a new account.
Speak to the Business Relationship Manager who opened your account and they can advise on progress.
You can access your client account via Online Banking, Mobile Banking and over the phone in exactly the same way that you currently access your business account.
EAR stands for Effective Annual Rate and represents the yearly cost of an overdraft, which takes account of how often we charge interest to the account, and does not include any other fees or charges.
Subject to availability and may be withdrawn without notice at any time.
Santander UK plc. Registered Office: 2 Triton Square, Regent's Place, London, NW1 3AN, United Kingdom. Registered Number 2294747. Registered in England and Wales. www.santander.co.uk. Telephone 0800 389 7000. Calls may be recorded or monitored. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Our Financial Services Register number is 106054. You can check this on the Financial Services Register by visiting the FCA’s website www.fca.org.uk/register. Santander and the flame logo are registered trademarks.