Financial Conduct Authority – Information about current account services
The FCA has published rules to require providers of personal current accounts (PCAs) and business current accounts (BCAs) to make the information about current account services available to customers in a common format.
The information provided below about current account services is calculated using calendar days including weekdays, weekends, Bank and Public Holidays.
All of the below information is also available to access via an Application Programming Interface (API).
-
Information required to open a business current account
To open any of our accounts a new customer will need to provide us with the documents and information set out here. We may request additional information or documents in individual cases.
You can open an account Without visiting a branch Yes Where a visit to a branch is required, without an appointment In some cases By sending us documents and information electronically No By post Yes
-
How and when you can contact us to ask about the following things
24 hour help Telephone banking Internet banking Mobile banking Contact details General enquiries:
00443457365555 PCA phone application:
0800 085 0444 Reporting fraud from the UK:
0800 121 7790
Reporting fraud from abroad:
0044 345 161 0020General enquiries:
0044 345 7365 555General enquiries:
0044 345 7365 555Checking the balance and transactions x Mon to Fri: 8am to 8pm Sat: 9am to 5pm Sun: Closed Bank and public holidays: 10am to 5pm Christmas Day and Boxing Day: Closed Not possible Not possible Sending money in the UK, including setting up a standing order x Mon to Fri: 8am to 8pm Sat: 9am to 5pm Sun: Closed Bank and public holidays: 10am to 5pm Christmas Day and Boxing Day: Closed Not possible Not possible Sending money outside the UK x Mon to Fri: 8am to 8pm Sat: 9am to 5pm Sun: Closed Bank and public holidays: 10am to 5pm Christmas Day and Boxing Day: Closed Not possible Not possible Paying in a cheque x Mon to Fri: 8am to 8pm Sat: 9am to 5pm Sun: Closed Bank and public holidays: 10am to 5pm Christmas Day and Boxing Day: Closed Not possible Not possible Cancelling a cheque x Mon to Fri: 8am to 8pm Sat: 9am to 5pm Sun: Closed Bank and public holidays: 10am to 5pm Christmas Day and Boxing Day: Closed Not possible Not possible Cash withdrawal in a foreign currency outside the UK x Mon to Fri: 8am to 8pm Sat: 9am to 5pm Sun: Closed Bank and public holidays: 10am to 5pm Christmas Day and Boxing Day: Closed Not possible Not possible A lack of funds, including unarranged overdrafts, payments we allow despite lack of funds and payments we refuse due to lack of funds x Mon to Fri: 8am to 8pm Sat: 9am to 5pm Sun: Closed Bank and public holidays: 10am to 5pm Christmas Day and Boxing Day: Closed Not possible Not possible A direct debit, or allowing someone to collect one or more payments from your account using your debit card number x Mon to Fri: 8am to 8pm Sat: 9am to 5pm Sun: Closed Bank and public holidays: 10am to 5pm Christmas Day and Boxing Day: Closed Not possible Not possible Third party access to an account, for example under power of attorney x Mon to Fri: 8am to 8pm Sat: 9am to 5pm Sun: Closed Bank and public holidays: 10am to 5pm Christmas Day and Boxing Day: Closed Not possible Not possible Problems using internet banking or mobile banking x Mon to Fri: 8am to 8pm Sat: 9am to 5pm Sun: Closed Bank and public holidays: 10am to 5pm Christmas Day and Boxing Day: Closed Not possible Not possible Reporting a suspected fraudulent incident or transaction √ From the UK: 0800 121 7790 From abroad: 0044 345 161 0020 N/A 24 hour phone cover N/A 24 hour phone cover Progress following an account suspension or card cancellation, e.g. following a fraud incident x Mon to Fri: 8am to 8pm Sat: 9am to 5pm Sun: Closed Bank and public holidays: 10am to 5pm Christmas Day and Boxing Day: Closed Not possible Not possible Account opening: including eligibility for an arranged overdraft, what’s required to open an account and an indication of what arranged overdraft may be available x General enquiries: Mon to Fri: 8am to 8pm Sat: 9am to 5pm Sun: Closed Bank and public holidays: 10am to 5pm Christmas Day and Boxing Day: Closed Or PCA phone application: Mon to Fri: 8.30am to 8pm Sat: 9am to 2pm Sun: Closed Bank and public holidays: 10am to 5pm Not possible Not possible Note: this is a list of common actions. It does not represent the full list of actions you can take in relation to your account, or actions you can take in one of our branches or business centres.
Alternatively, you can ask a question via the Service Desk on 365 online, or refer to our Frequently Asked Questions.
-
How and when you can use your bank account to do the following things
Telephone Banking Internet Banking Mobile Banking Checking the balance Mon to Fri: 8am to 8pm
Sat: 9am to 5pm
Sun: Closed
Bank and public holidays: 10am to 5pm
Christmas Day and Boxing Day: Closed24 hours 24 hours (via 365 online only) Accessing a transaction history Mon to Fri: 8am to 8pm
Sat: 9am to 5pm
Sun: Closed
Bank and public holidays: 10am to 5pm
Christmas Day and Boxing Day: Closed24 hours 24 hours (via 365 online only) Sending money within the UK Not possible 24 hours 24 hours (via 365 online only) Setting up a standing order Not possible 24 hours (via 365 online only) Not possible Sending money outside the UK Not possible 24 hours Not possible Paying in a cheque Not possible Not possible Not possible Paying in a cheque Not possible Not possible Not possible Cancelling a cheque Mon to Fri: 8am to 8pm
Sat: 9am to 5pm
Sun: Closed
Bank and public holidays: 10am to 5pm
Christmas Day and Boxing Day: Closed24 hours Not possible Note: this is a list of common queries. It does not represent the full list of actions you can take in relation to your account, (or actions you can take in one of our branches or business centres).
Alternatively you can leave a question in the Service Desk section on 365 online, or refer to our Frequently Asked Questions.
-
Information about operational and security incidents
We are obliged to notify the Financial Conduct Authority if we become aware of a major operational or security incident which prevents our customers from using our payment services.
In the 3 months between 1 October and 31 December 2019 In the 12 months between 1 January 2019 and 31 December 2019 Total number of incidents reported 4 9 Incidents affecting telephone banking 0 0 Incidents affecting mobile banking 0 0 Incidents affecting internet banking 1 1
-
Complaints data
Financial Conduct Authority rules require us to provide them with a report of our complaints data every six months. In certain circumstances we are also required to publish a summary of our complaints data. The most recent summary is available here.
The Financial Ombudsman Service publishes its complaints data every six months. You can see their complaints data about us at www.ombudsman-complaints-data.org.uk/
-
How quickly do we open business current accounts?
We give customers an account number and enable them to start paying into the account:
- The same day, for 2% of customers;
- On average, in 10 days; and
- Within 43 days for 99% of customers.
These figures are based on the time taken from our receiving all the information and documents we ask for here in a case where we don’t need any further information or documents to open the account.
-
How quickly is an overdraft available*?
Once an account is open, the overdraft is available:
- The same day, for 0% of customers;
- On average, in 19 days; and
- Within 21 days for 99% of customers.
These figures reflect the time taken from when the overdraft is requested as part of the current account application to when funds are available to withdraw including time taken by customers to sign and return overdraft offer documentation.
Replacing a debit card
The requirement to publish the Competition and Markets Authority (CMA) independent service quality survey results for business current accounts can be found here.