What we offer

Accounts

Bank of London offers a range of account structures designed to meet the operational, regulatory, and technical needs of modern businesses.

What do you need?

From day-to-day cash management to FCA-compliant client money segregation, our accounts provide the flexibility, security, and API access required to run and scale your operations.

Operating Accounts

Keep your business moving with 24/7 access to funds for everyday needs

Easy Access and Deposit Accounts

Earn competitive interest rates, FSCS-protected, while all deposits are held securely at the Bank of England.

Safeguarding Accounts

Ensure compliance with FCA Safeguarding requirements through a pooled account, with the option to utilise vIBAN’s per customer for enhanced reconciliation.

CASS Accounts

Built for CASS-regulated firms, these accounts help you meet requirements to keep client money separate from operational funds under FCA CASS 7 rules and MiFID.

Trust Account

Designed for clients to hold funds on behalf of and for the benefit of its customers under trust arrangements.

General Client Funds Account

Designed to segregate your customer funds from your operational funds.

Virtual Account

Virtual accounts are sub-accounts to a physical bank account (the Header Account), maintained in the Bank’s ledger.

Payments

Real-time access to payment infrastructure and interbank networks though API or Online Banking

faster payments
Send and receive up to £1m per transaction in near real-time 24/7/365, supporting immediate, standing-order and future-data payments.
See API documentation
Bacs
Process Direct Debit and Direct Credit payments up to £20m via Bacs, with funds settling on a 3-working-day cycle (Monday to Friday).
See API documentation
CHAPS
Send and receive unlimited value transactions in near real-time with same-working day settlement.
See API documentation
Payments, Clearing and Settlement

Peace of mind with FSCS protection

The Financial Services Compensation Scheme (FSCS) is the United Kingdom’s independent deposit guarantee scheme, and it protects eligible deposits with authorised banks, like ours.