We offer a three-month free trial with no subscription fees to help you get your business started. 🌟 After this period, your monthly subscription fee adjusts automatically based on your total monthly deposits. This flexible pricing ensures that the cost of your account reflects your current business activity.
Monthly subscription fees
Once your free trial ends, your fee is calculated based on how much you deposit each month:
| Monthly Deposits | Subscription Fee |
|---|---|
| £0 – £750 | £3 per month |
| £751 – £7,500 | £9 per month |
| Over £7,500 | £18 per month |
Transaction charges
Unlike the subscription fee, transaction charges apply from the day you open your account. These include:
Bank transfers and Direct Debits: £0.30 per transaction.
ATM withdrawals: £1 per withdrawal.
Foreign transactions: 3% fee on the total value.
Cash deposits (Post Office): 0.5% of the deposit (minimum £2 fee).
Cash deposits (PayPoint): 3% of the deposit.
How fees are paid
All fees and charges are automatically deducted from your account balance. If you don’t have enough money in your account to cover a fee at the time, we’ll take the payment automatically as soon as funds become available. Please ensure you keep your account topped up to cover these costs and keep your business running smoothly. ✅