Switching to bank with us
We’ll take care of your bank account switch
The Current Account Switch Service lets you move your account from your bank or building society to us in a simple, reliable and hassle-free way.
The Current Account Switch Service
This free service lets you switch a current account from one participating bank or building society to another, with the option to keep your old account open too.
It’s simple, stress-free, and the full switch option takes only seven working days and is backed by the Current Account Switch Guarantee. [PDF, 40 KB]
As part of the full switch, we’ll:
- Transfer all your regular incoming and outgoing payments, like Direct Debits, standing orders, bills and your salary, to your new account with us
- Redirect all incoming and outgoing payments from your old account to your new one, for a minimum of three years.
We’ll contact you before your switch date if there are any issues during the process. If anything goes wrong, we’ll refund any interest (both paid and lost) and charges you receive on either your old or new current accounts, as soon as we’re told.
For more information, read our full switching information pack. [PDF, 2.1MB]
Reasons to switch
Over 300 years of expertise
Benefit from our experience, knowledge and services that cover most industry sectors.
Barclaycard payment solutions
Take payments in a way that suits you.
Whether you do business in person, online or in an app, Barclaycard makes it easy for you to sell and your customers to buy.
24-hour fraud protection
Enjoy peace of mind, knowing your finances are safe. We protect your money every second of the day.
Price plans
Free digital banking for 12 months
Enjoy no monthly account fees for the first 12 months(1), then pay £8.50 each month after that with one simple tariff. Businesses with existing Barclays business current accounts aren't eligible for this offer.
|
Description |
Charge |
|---|---|
|
Per month (first 12 months) Businesses with existing Barclays business current accounts aren't eligible for this offer. |
Free |
|
Per month (after 12 months) |
£8.50 |
Standard transactions
|
Description |
Charge |
|---|---|
|
Simple electronic payments including Faster Payments, Direct Debits and standing orders |
Free |
|
Debit card payments |
Free |
|
Cash out – ATM/Post Office/self-service device |
Free |
|
Cash in – Post Office/Barclays Collect/self-service device Additional Barclays Collect charges may apply. |
60p per £100 |
|
Cheques in – Barclays app/self-service device |
60p each |
|
Cheques out |
60p each |
For more details on transaction fees and tariffs, including transactions made at the branch counter, visit our rates and charges page.
How does it work?
Open an account
Apply for a current account with us, if you don’t already have one.
Provide your details
Give us a few details and choose a full or partial switch.
We’ll do the rest
We’ll set everything up and tell you when it’s ready.
Full switch or partial switch?
Full switch
- Your old current account will be closed
- We'll transfer all your regular incoming and outgoing payments, like Direct Debits, standing orders, bills and your salary, to your new account with us
- We’ll redirect all incoming and outgoing payments from your old account to your new one, for a minimum of three years
- Covered by the Current Account Switch Guarantee. [PDF, 40 KB]
Partial switch
- Your old current account will stay open
- We’ll ask your old bank for a list of your outgoing payments, and you can choose which to transfer to your new account
- We won’t be able to transfer any one-off, future-dated payments from your old account
- You'll need to arrange the transfer of any regular payments into your old account (like your salary) to the new account
- Takes longer than seven working days
- Isn't covered by the Current Account Switch Guarantee.
Full-switch timeline
Fully switching your account takes just seven working days, after an appointment with one of our Business Managers. During your appointment, we’ll agree a switch date together before you sign the agreement.
Day 1 to 2
- We’ll contact your old bank and ask for details of any regular payments
- Your old bank will send us details of all your regular payments.
Day 3 to 5
- We’ll write to you to confirm your switch and list the payments we’ll transfer
- We’ll transfer your payments to your new account, ready for your switch date
- We’ll arrange for any card payments to be redirected to your new account
- We’ll give your new account details to all the companies you have Direct Debits with, ready for your switch date.
Day 6
- We’ll ask your old bank to transfer your balance to your new account.
Day 7
- Your balance will be transferred to your new account
- All payments on your old account will be cancelled
- Your old account will be closed
- We’ll contact you to confirm that your switch is complete.
Any payments made to your old account after your switch date will be redirected to your new account for a minimum of three years.
Any regular payments due to be paid from your old account after your switch date will be taken from your new account.
Apply for a business account in our app
Both new and existing customers can apply for a business bank account in our app.
If you don’t already have the app, you’ll need to register for the app first – you must be 18 or over and a UK resident.
Switch your business account
If you already bank with us, you can apply online. We’ll need some basic information from you.
Find out what information we’ll need using this business banking checklist from UK Finance, the UK’s leading trade association for financial services.
Important information
Businesses with existing Barclays business current accounts aren't eligible for this offer. There are no monthly account fees for the first 12 months, after that you’ll pay £8.50 per month. Transaction charges apply. See a full list of transaction charges, [PDF, 376KB](Return to reference)