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School Bank Account

Our School Bank Account has been developed specifically for state-funded schools, academies and those schools on their way to becoming academies.

You’ll get free banking, interest paid monthly and our business management team are available to advise you via telephone or email.

We're the approved banking partner for the National Association of School Business Management, so we understand the challenges schools face and in an excellent position to help you make the most of your resources.

Features and benefits

  • Free day-to-day business banking¹
  • Monthly interest paid on business accounts
  • Internet Banking with options for multi-person authorisation
  • A range of deposit accounts available for surplus funds
  • No charges for returning cheques recalled by the payer’s bank
  • Optional cash collection by one of a selection of security companies
  • An optional deferred checking service, helping to avoid delays at branch counters
  • No requirements for state-funded schools signatories to provide identification.

Deposit accounts

We can help you make the most of your funds by setting up deposits to suit your cashflow. We offer interest-bearing fixed rate deposit accounts from overnight up to three years. But do remember you won’t be able to make withdrawals during the term of a fixed rate deposit.

Easy-to-follow figures so you can make comparisons.

Find out more about our terms and conditions

Apply now

Contact us

On the phone.

03450 725555

Lines are open 9am to 5pm, Monday to Friday (excluding public holidays).