Business accounts are available to non-personal customers, for example clubs, charities, and companies. When we compare business accounts may be restricted by customer type, minimum balance requirements or business turnover.
Accounts provide varied facilities. Most include a chequebook and cash card, some offer overdraft facilities and pay credit interest. Depending on the account chosen, they may be operated by telephone, post, fax, email, at the post office or branch.
Customers generally pay bank charges for account transactions. Some providers offer free or reduced charges if specified transaction constraints are met. Switchers and start-ups may be offered introductory free banking offers.