This might be because you’re bankrupt, in financial difficulty, or if we’re not able to obtain information about your credit history. Bank of Scotland plc Registered Office: The Mound, Edinburgh EH1 1YZ. For example, if the account is set up with "one to sign" then it can be closed by either person on the account. Our Bank of Scotland Basic Account may be available if you don’t meet the conditions for one of our other current accounts. Published August 2020. Switching to Bank of Scotland. The Current Account Switch Service will do all the work when it comes to switching, moving everything across from your old account all within 7 working days, including Direct Debits and standing orders. All you need to do is tell us the details of your old bank account and when you want the Switch to start. Browse all Bank of Scotland branches in the United Kingdom. As part of a regulatory requirement, an independent survey was conducted to ask approximately 1,200 customers of each of the 14 largest business current account providers if they would recommend their provider to other small and medium-sized enterprises (SMEs). SC327000. If it’s set up as "two to sign" then both need to sign to close the account. Registered in Scotland no. ... Bank of Scotland plc Registered Office: The Mound, Edinburgh EH1 1YZ. Seems like a long time since Bank of Scotland has done anything interesting with its current account range. Switch to us for a simple Business Current Account that lets you focus on growing your business. Thousands of Britons living in the EU will have their UK bank accounts closed by the end of the year because of the UK’s failure to agree a post-Brexit trade deal. Bank of Scotland Business. Danske Bank customers in the EU will all see their bank accounts closed – with the exception of those in Republic of Ireland, Denmark, Finland, Norway and Sweden. Also, I always expected them to provide a 'Club Lloyds' style offering as they were mirroring the account range of Lloyds Bank, however that hasn't happened. Simple pricing and free electronic payments; 12 months’ free day-to-day³ business banking²; A guaranteed switch in 7 working days, from when your account is opened using the Current Account Switch Service Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under Registration Number 169628. The results represent the view of customers who took part in the survey. Whether you're looking for a bank account, credit card, loan, mortgage or something else, we're here to help you. I don't remember a switching incentive being offered in the last couple of years. We’ll also need the number of signatories to match our records. If you opened your Bank of Scotland Business Current Account on or after 11 December 2020, as explained in the account opening process we will not be able to provide you with a Bounce Back Loan. To help you prepare, we have worked with UK Finance* and other providers of UK business banking accounts to agree a basic set of information that we’ll need from you. FEARS are mounting that Lloyds Bank could follow Barclay’s lead and close the bank accounts of the thousands of Brits who live in Spain. Switch your business account to us in 7 working days with the Current Account switch guarantee. If Bank of Scotland do not provide your main Business Current Account, please speak to your main bank for support in the first instance. Opening a business current account is an important step for any business. 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