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School Bank Accounts

We offer accounts to suit all types of school organisations.

Open an account


Don’t already have an account? The account that’s best suited to you will depend on how your school is set up and if this is your primary account. You can find out more below: 

School Bank Account

If you’re an academy, multi-academy trust or state-funded school and the account will be used to receive state funding, you can apply for our specialist school account.1

This account must be used for core school activities such as payroll and receiving funding.

Open a School Bank Account

Account for independent schools

Independent schools that are registered with Companies House can apply for our business account.

Open an account today

See the full account rates, charges and product terms and conditions.

1We do not charge for day-to-day banking on our School Bank Account, however charges for CHAPS, International Payments and other service charges apply. Free day-to-day banking applies if you continue to meet our eligibility criteria, which means you must be a state-funded school or academy. Information on other service charges that apply can be found in the relevant charges brochure.

See the full account rates, charges and product terms and conditions.

1We do not charge for day-to-day banking on our School Bank Account, however charges for CHAPS, International Payments and other service charges apply. Free day-to-day banking applies if you continue to meet our eligibility criteria, which means you must be a state-funded school or academy. Information on other service charges that apply can be found in the relevant charges brochure.

Further resources

Community accounts

Looking for an account to help you run additional activities such as clubs and parent teacher associations? If this is not the primary account for the school and not receiving state funding, you can apply for a community account. 

No more than £250,000 should be paid into the account every 12 months.

Open an account

The education expertise hub

Get help from an education specialist and find out about banking services on offer to the education sector.

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