What we offer

Operating Accounts

Keep your business moving with 24/7 access to funds for everyday needs – paying suppliers and staff, receiving customer payments, and managing cash flow. Where required, it supports full segregation of operational funds from client money.

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Unified fund management

Manage operational and customer funds with synchronised billing, fees, and interest through one banking relationship.

Externally addressable account identifiers

Including optional internal or external virtual IBANs (vIBANs) for enhanced cash management.

Multiple Operating Accounts

Segment cash flow by business unit, purpose, or entity.

Customisable payment approval workflows

Self-service configuration with unlimited users, tiers and limits via the banking portal.

Statements

Access your account bank statements and transactions 24/7 via banking portal and API.

Self-service transaction reporting

Create your own customised transaction report via banking portal and API.

Customisable banking portal

Self-service individual user personalisation on the banking portal for user preferences and quick access to frequently used tasks.

Smart notifications

Configure real-time alerts for payment approvals, transactions, balance thresholds, and statement creation – delivered via SMS, email, or directly in the portal.

Developer Studio

A feature rich API portal with sandbox environment, enabling seamless integration into your applications.

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

Confirmation of Payee

With Confirmation of Payee, we verify account names before payments, reducing errors and ensuring funds reach and come from the correct account.

Safe and Secure

At the Bank of London, your deposits are kept 100% at the Bank of England. That means your funds remain fully protected at all times.

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.