Business Banking

Most businesses are sitting on cash that’s earning far less than it could. This guide explains the difference between easy access, notice, and fixed-term accounts – and how to structure your cash across each so it’s working harder without creating operational risk.

Thinking about switching your business bank account? This guide covers everything from payment fees and multi-entity support to onboarding complexity and FSCS protection – so you know exactly what to look for before you make the move.

Running a scaling business means your banking should keep up, not hold you back. In 2025, we focused on the things mid-market businesses told us mattered most: managing complexity without friction, paying at scale without manual workarounds, and keeping tighter control as teams and spend grow.

Here is what we shipped.

From our conversations with SMEs and mid-sized businesses across the UK, one thing is clear: traditional business banking still creates too much friction. Too many silos? Too many processes. Too much time spent managing money rather than using it to grow the business.

Surplus cash shouldn’t sit idle. Learn how OakNorth’s business notice accounts help UK SMEs earn more on reserves – with variable, tiered returns and full control over access. Built to align with your real-world cashflow, not get in the way of growth.

By Anand Sahota, Lead Product Manager, Business Banking at OakNorth Choosing your business bank is a critical decision. Whether you’re just getting started or scaling fast, you need more than just a bank account. You need a partner that gets you up and running quickly, transparently, and reliably. But for many businesses, the journey gets stuck before […]