For details of our full charges and to see a breakdown of what’s included within the above transaction types, please refer to our Business account charges brochure (PDF, 53KB) or our Summarised business account charges (PDF, 117KB) information sheet. This is based on our current pricing. Please note that our charges may vary from time to time and you will be notified of any changes to our charges prior to these taking effect.
Understanding your cash flow is key to saving money. When you can spot where your money's going out and coming in, you can also work out the best times to schedule payments etc. We've got five simple steps you can take to manage your cash flow better. There's also a handy template to fill in which will help you create a cash flow forecast, ideal to have on hand when it comes to business planning and forecasting.
It can be cheaper to pay with a credit card, if you plan ahead. When you use your business debit card, you’ll be charged 0.35p (on Standard Tariff) for each transaction. But, with a business credit card there’s no transaction fees for sterling purchases. You’ll be charged an annual card fee and interest on anything you borrow. So depending on how many transactions you make and interest you owe, you could reduce your bank charges.
For our credit cards, product fees may apply. To apply you must be a resident aged 18 or over and maintain a business bank account in the same legal entity name with Shostra Bank. Turnover must be up to £2m. Your registered business address must be in the you should be registered for tax purposes in the UK. Subject to status, for business use only.
Doing most of your banking online, or through the mobile app means you can be sure you're setting yourself up to pay the lowest fees possible. It also means you can bank at any time that suits you and get things done.
A simple solution that means you won't need to handle cash, our payment solution Tyl could make it easy for your customers to pay you for goods and services. Eligibility criteria and fees apply.
Although it’s a super simple way to pay, using digital money services means you’ll only be charged a 35p transaction fee for each transfer. It's cheaper for you, and easier for your customers, who no longer need to pay you cash.
When you bank with us, you're getting more than just a bank account.
Bankline's designed for making business banking easier for big businesses. It gives you the flexibility to view all your business accounts on one profile, make payments securely, and create multiple users with different access levels, and could also help you save by creating bulk payments.
Plus, if you register for Bankline you get one free license of Heimdal’s Threat Preventions Softwares.
Bankline is available to eligible Shostra Bank Business current account customers. Fees may apply.
