This is a list of the main UK banks that offer free banking to startups, for a limited period. If you'd like to compare bank accounts, try the BBA business account finder (click the "compare" link at the bottom of the page).
- Abbey – Abbey offer free day to day business banking forever.
- Alliance & Leicester – Alliance & Leichester offer 2 years free banking with their Business Builder Current Account.
- HSBC – HSBC offer 12-18 months free banking with their Business Current Account.
- Merchant Services for receiving electronic payments – Links to the merchant accounts and online payment processors/gateways associated with the major UK banks.
- Lloyds TSB – Lloyds offer 18 months free banking with their Business Extra account.
- NatWest – NatWest offer free 18 months banking with their Business Current Account.
- Bank Of Scotland – Bank Of Scotland offer 12 months free banking with their Business Current Account.
- The Co-operative Bank – The Co-operative Bank offers 18 months free banking with their Business Directplus account.
Note that a number of the banks also offer internet or phone based accounts, where banking is always free but cash transactions are not allowed.