Are you starting up in business?
Your account information at your fingertips.
We're with you all the way
To get you off to the best start, we’ve put together a great package to ensure all the small things work so you can focus on the big things.
Shariah approved money management
Interest Free
Up to 18 months free day-to-day banking
You can apply for an Islamic Business Account online, by phone or at your local branch.
18 months free day-to-day business banking
Free day-to-day banking can make all the difference to a new business. It makes sure that every single penny you earn goes towards creating a successful business. And a brighter future for you.
There are no charges for:
- Paying in or taking out cash
- Paying in or issuing cheques
- Standing orders or direct debits.
No matter how many transactions you make you won’t pay us a penny, so long as you keep your balance above the required minimum balance of above £1.
When your free banking period is over
When your free banking period ends our Electronic Business Tariff will apply, which does not pay credit interest.
Find out more about our Islamic Business Account charges.
Help to get off to a great start
We have a range of information and guidance services to help you develop your business:
- Free Business Planning Tool to get you started and a book-keeping system when you open your account (Mac, PC or paper-based).
- Free start-up guidance book 'Getting started in business'.
- Business guides covering a range of business situations.
Your banking made easier
We can offer you:
- Support from your own relationship manager.
- Access to the largest branch network of any bank in the UK.
- An Internet banking service, giving you account information seven days a week.
- Mobile updates on your account balance via our Text alerts service.
- Phone banking so you can speak to a business advisor.
- Cheque books, direct debits, standing orders, regular statements.
The processing cycle
Payments made through your account are processed in different ways. Find out more information about the cheque clearing process for cheques, automated payments and Internet and Telephone banking transactions.
How do I apply?
You can apply for an Islamic Business Account online, by phone or at your local branch.
