Island Treasurers' Account
A day-to-day current account for clubs, charities and societies in Jersey, Guernsey or the Isle of Man. It’s quick and easy to open with no minimum deposit required.
Features and benefits
- Open an account with as little as £1.
- It’s simple to set up direct debits and standing orders.
- Your first 25 payments are free in a charging period.
- Free banking up to turnover of £50,000 per year.
- There’s a maximum balance on the account of £5,000,000.
- The account is available in Sterling.
- Overdrafts are not allowed on this account. This applies to authorised and unauthorised overdrafts.
Frequently asked questions
There's no minimum amount required to open an account.
The account is free of charge as long as your annual turnover is less than £50,000.
Yes, you can. They’re easy to set up using our Internet Banking.
You can choose up to three signatories.