Bank of the West
Business Banking

Empowering British Enterprise

Practical banking accounts, business loans, and payment acceptance tools for growing enterprises.

Small business owner managing finances

Business Current Accounts

Free Business Account

Free for 12 months

Then £6.50/month

  • 25 free electronic transactions/month
  • Business debit card
  • Online & mobile banking
  • Dedicated business support

Business Growth Account

£12/month

For established firms

  • 50 free electronic transactions/month
  • Multi-user access
  • Accounting software integration
  • Relationship manager
  • International payments

Standard Fee Schedule

Transaction TypeFee
Electronic Payments (FP/BACS)20p - 40p per transaction
CHAPS High-Value Transfers£20.00 per transaction
Cash Deposits0.70% of deposited value
Cheque Processing30p per cheque
International Payments£15.00 + 2.5% FX margin

Commercial Growth Loan

Loans from £10,000 to £250,000 with flexible repayment periods from 1 to 7 years. Tailored to your business needs.

Start-Up Finance Support

Guidance and lending pathways for new businesses seeking seed capital and equipment funding. Expert advisors to help you grow.

Merchant Card Processing

Accept card payments in-store and online.

Flat-Rate Pricing

1.65% per transaction. Best for businesses under £10,000 monthly turnover.

Interchange-Plus

Interchange + 0.30% margin. Significant savings for higher volumes.

Payment Terminals

Smart countertop & mobile readers. Purchase or transparent monthly lease.