Business BankingBusiness Direct
The business bank account designed for businesses that prefer the convenience of internet and telephone banking.
Business Direct is available to businesses with an annual turnover below £500,000 and offers free banking within the transaction limits, as set out below.
| Standard account services | Description | Charge |
|---|---|---|
| Account maintenance fee | A monthly charge for the provision of a business current account | FREE |
| Automated credits | An electronic credit paid into your account | FREE |
| Bill Payment | A Bill Payment which is debited to your account via our telephone banking service and credited to a recipient. Does not include Bill Payments debited to your account via a branch or a postal instruction | FREE |
| Branch cash in | Charge for cash paid in at a branch | 2.5% of value deposited* |
| Branch cheques collected | Charge for cheques paid in at branch | 5 per month free, then £1 per cheque |
| Branch cash out | Charge for cash withdrawal over branch counter | 2.5% of value withdrawn* |
| Cash machine cash out | Charge for cash amount withdrawn from self-service machine | Up to £250 per month free then 2.5% of the value withdrawn*1 |
| Cheques paid | Cheques written | 5 per month free, then £1.35 per cheque |
| Debit Card | A debit to your account following a Business Debit Card payment | FREE |
| Direct Debit paid/unpaid | A Direct Debit payment from or returned to your account | FREE |
| Internal transfer | A sterling transfer from one of your accounts to another of your accounts in the same name | FREE |
| Internet Bill Payment | A Bill Payment made through Business Internet Banking | FREE |
| Business Internet Banking BACS Payment | Charge for each BACS Payment credited to a beneficiary made through Business Internet Banking | FREE |
| Other debits | Other types of debit applied to your account (excluding Faster Payments, Electronic Fund Transfers, Priority Payments and Worldpay payments) | FREE |
| Standing Order | A Standing Order payment made from your account | FREE |
* Paying in and withdrawing cash at branches will be charged at 2.5% because it is not part of our standard Business Direct service.
*1 This is for UK transactions only. Some self-service machine operators may charge a levy.
View Interest Rates
Important information
- Learn more about Business Direct:
- Business Banking Terms and Conditions (PDF)
- Interest Rates
- Rates & Charges
- Business Banking Price List (PDF)
- International Business Price List (PDF)
- Don't have Adobe PDF Reader? Download Adobe Reader
Apply for Business Direct
Not quite what you're looking for?
- Business Current Account – Small Business Tariff – Flexibility of managing accounts online by telephone and access to over 1,000 branches nationwide
- Compare Business Bank Accounts – Business Current Account – Small Business Tariff (turnover below £2million) and Business Direct (turnover below £500,000). See them side by side and decide which business account is right for you
- Turnover £2million or over and need a business account? Please call us on 0800 032 1770
- Community Account – free banking for clubs, societies, charities, churches, executors, administrators and trustees
- Schools & Colleges Account – free banking for schools and colleges.
Apply for Business Direct
- or call us on:
0800 328 12952 - Request a call back
- Find a branch
- Textphone
18001 0845 712 5563
Why switch to HSBC?
- A Business Banking package to meet your business needs
- Superior service and support1
- Easy to switch
- Choice of business accounts.
Related information
- Free business banking explained
- Business Direct transaction limits
- Business Internet Banking
- Servicing your account
- Business Telephone Banking
- Business Text Message Banking
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1Award winning service delivered in branch, over the phone and online - voted Best Business Bank for Service 2010 & 2011 and Best Online Banking Provider 2011 by Moneyfacts Magazine.
