bank account details

Bank:

HSBC

Account:

Business Direct Account

New businesses with forecasted annual turnover of under £500k will receive 18 months free banking. New businesses with forecasted annual turnover between £500k-£1m will receive 12months free banking. Businesses switching from other banks with an annual turnover under £500k will receive 18 months free banking. £1k free debits per month (via ATM only). 20 free cheque credits/debits per month. Turnover under £500k.

Standing Charge:

Free

Cheque Withdrawal:

Free

Cheque Credit:

75p

Cheque Withdrawal:

Free

Cash Withdrawal via ATM:

Free

Cash Withdrawal via branch:

2 cashPcg if over £1000 p %

Direct Debits:

Free

Standing Orders:

Free

Cash Exchange:

1.50

Auto Credits:

Free

Deposits:

Free

Auto Credits:

Free

CHAPS:

£17.50 interbranch £20 interbank

Cost per month:

2.09%per month (applies when no formal arrangement is in place)

Equivalent Annual Rate:

28.2% (applies when no formal arrangement is in place)

Fee:

£8 per working day (applies when no formal arrangement is in place)

Charge for letter:

Free

Internet Banking:

Yes

Telephone Banking:

Yes (24 hours a day 365 days a year through automated service)

UK-based Call Centre:

Yes (mainly although some overseas operations

Relationship Manager:

No

Post Office Facility:

Yes in Scotland No in UK.

Branch Access:

Yes

Merchant Acquiring:

Yes

Notice Period:

Instant access

£1 - £499:

0.00%

£500 - £999:

0.00%

£1,000 - £2,499:

0.00%

£2,500 - £4,999:

0.00%

£5,000 - £9,999:

0.00%

£10,000 - £24,999:

0.00%

£25,000 - £49,999:

0.00%

£50,000 - £99,999:

0.00%

£100,000 - £249,999:

0.00%

£250,000 - £499,999:

0.00%

£500,000 - £999,999:

0.00%

£1,000,000 upwards:

0.00%