We have the following arrangements in place to support business customers:

  • Prioritisation of funding requests as an accredited lender for the British Business Bank managed Bounce Back Loan and Coronavirus Business Interruption Loan Scheme Schemes
  • Emergency working capital & payment flexibility on loan facilities
  • Provision of trade finance and foreign currency products

Customers should contact their Business Relationship Manager, email us on BBNICovid-19@boi.com or call 0800 109 010 (9am to 5pm Monday to Friday) if they need assistance.

Apply for deferral of business current account fees

For businesses where cash flow has been temporarily impacted by COVID-19 we are offering an option to defer these current account transaction fees*. This means that the fees* that have been applied to business customer’s accounts will be refunded to customers for the deferred period where they apply for this and are impacted by COVID-19.

For NI customers

We will refund the current account fees* that have been deducted from your Business Current Account if your cash flow has been temporarily impacted by COVID-19.

March 2020 – To apply for deferral of March fees, download the application form, complete and email it to businessbankingni@boi.com

June 2020 – To apply for deferral of June fees, download the application form, complete and email it to businessbankingni@boi.com.

Important information

  • We will refund the current account fees* that have been deducted from your Business Current Account during March or June 2020 if your cash flow has been temporarily impacted by COVID-19.
  • The refund is a deferral of fees* which only applies to the current account fees applied during March or June 2020.
  • If you defer March fees*, these fees* will be payable by you and will be charged to your Business Current Account in three equal monthly tranches on 30th September, 30th October and 30th November 2020.
  • If you defer June fees*, these fees* will be payable by you and will be charged to you Business Current Account in three equal monthly tranches in December 2020, January and February 2021. We will advise you of specific dates closer to the time.
  • All other standard charges apply, including Electronic Banking, Foreign Exchange and Service Charges and any interest payable on the Business Current Account will continue to be applied and paid.

For GB customers

For GB customers wishing to defer their fees* charged in March, April, May, June and/or July please email: businessbankingni@boi.com specifying which month you require an application form for. Then complete and return the form received to the same inbox.

*Business current account fees referenced above include Transaction and account maintenance fees