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BUSINESS BANK ACCOUNT

A Business Bank account built for scaling companies

Multi-company management, no fees on UK payments, competitive deposit rates and a dedicated Business Partner. Banking for established and scaling businesses.

Eligible businesses need £1m+ annual turnover or £50k to deposit

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FCA Regulated FSCS Protected up to £120,000 £15.1bn+ lent to UK businesses

Built for businesses frustrated with traditional banks

How OakNorth compares on the things that slow scaling businesses down

Feature

Fees on FPS, Bacs, CHAPS

Single login, all entities

Account opening

None

Personal relationship

Days

Interests on deposits

Named Business Partner

Up to 4.25% AER

Traditional Banks

Fees on FPS, Bacs, CHAPS

Multiple logins

Account opening

Charges apply

Personal relationship

Weeks to months

Interests on deposits

Call centre

Low or no interest

DIGITAL BANKING

Everything your growing business needs from its bank

Whatever brought you here, this is what sets us apart

  • Multi-company under one login. Open and manage accounts for all your entities in one place, at no extra cost
  • No fees on UK payments. No charges on Faster Payments, Bacs, or CHAPS
  • A dedicated Business Partner. A named contact who knows your business, reachable by phone or email
  • Large payments, handled reliably. Move significant sums without transactions being held up

Used by businesses you may know

“
27 hours 23 minutes to open – I’ve opened many bank accounts with many providers and this is a clear record – it’s like the 100 meters vs. a marathon!”

Jeremy Gledhill · CFO at Honey

“
I have been so impressed by the speed and transparency with which OakNorth operates. If the major clearing banks want to learn about how to genuinely do things differently, they should be looking at OakNorth.”

Surinder Arora · Co-Founder and Chairman of Arora Group

“
OakNorth are utterly unique in their approach and have been a dream to work with – they are the only lender I’d recommend for entrepreneurs in high growth.”

Matthew Mills · CEO of Deliciously Ella

“
The experience with OakNorth was genuinely delightful – fast, flexible, and focused. They may not be the cheapest lender in the market, but the quality of the experience makes the extra cost well worth it.”

Paul Crookes and Dave Walker · Founders of CWC

BUSINESS SAVINGS

Put your surplus cash to work

Earn competitive interest on idle balances with Business Savings

Business Fixed Term

Term AER Rate
6 months 4.00%
12 months 4.25%
24 months 4.25%
36 months 4.25%
See details →

Business Notice Account

Term AER Rate
30 days 3.20%
95 days 3.60%
125 days 3.65%
See details →
Up to 4.25% AER 12 month fixed term

It's time to grow. It's time for OakNorth

Eligible businesses need turnover above £1m, or £50k+ to deposit

Apply Book a call