Santander Business, reviewed here as the Santander UK Business Current Account, is a traditional bank business account in the United Kingdom with a monthly account fee and branch access. Santander also operates business banking in other countries, where terms differ.
- Who it suits
- United Kingdom businesses that want a traditional bank with branch access and a current account, including start ups that can use an introductory fee free period. Terms outside the United Kingdom vary by country.
- Broadly available in
- United Kingdom for this review. Santander group operates in several other countries with separate business banking terms.
- Headline monthly fee
- Business Current Account Classic at 9.99 pounds per month, with no monthly account fee for the first twelve months for eligible start ups and switchers, as of 9 June 2026.
- Account type
- Traditional bank business current account.
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
Overview
Santander is a traditional bank that offers business current accounts. In the United Kingdom its main small business product is the Business Current Account Classic, which carries a monthly account fee and comes with branch access, online and mobile banking, and the usual current account features. As of 1 October 2025 Santander UK moved its older business account types onto the Classic account at a single monthly fee. Santander group also runs retail and business banking in other countries, where products, fees, and eligibility are different. This review uses the United Kingdom figures, as of 9 June 2026.
Strengths
A traditional bank with branch access and an established presence. An introductory period with no monthly account fee for eligible start ups and switchers in the United Kingdom. Full current account features including online and mobile banking.
Limitations
There is a monthly account fee after any introductory period. Terms vary widely by country, so figures for one market do not apply to another. As a traditional bank, onboarding and pricing can be less flexible than some digital providers. Verify current terms for your market with the provider.
Fees and features
| Monthly fee | Business Current Account Classic 9.99 pounds per month, with no monthly account fee for the first twelve months for eligible start ups and switchers, as of 9 June 2026, for the United Kingdom. |
|---|---|
| Transaction fees | Day to day transaction charges depend on the account and activity. Check the current key facts document for your market with the provider, as of 9 June 2026. |
| FX fees | Foreign payment and currency charges apply to international transactions and vary. Confirm with the provider, as of 9 June 2026. |
| Minimum deposit | No headline minimum opening deposit is published for the United Kingdom Classic account. Verify with the provider, as of 9 June 2026. |
| Multi currency | The United Kingdom Business Current Account is a sterling account. Separate currency accounts may be available; confirm with the provider, as of 9 June 2026. |
| Integrations | Online and mobile banking with standard payment features. Confirm accounting integrations and any add ons with the provider. |
| Eligibility | For the United Kingdom start up offer, the business is in its first year of trading and it is the first business current account with Santander. Other eligibility applies by market. Verify with the provider, as of 9 June 2026. |
Open a Santander Business business account
Availability and fees vary by country. Check the Santander Business by country pages below for your market, then confirm current terms with the provider. Shown as of 9 June 2026.
Visit Santander Business →Santander Business by country
Questions about Santander Business
How much does a Santander business account cost?
Is Santander business banking available outside the United Kingdom?
Does Santander offer free business banking?
Did Santander change its United Kingdom business accounts?
Fees, features, and eligibility change and vary by region. This page was last reviewed on 9 June 2026. Confirm current terms with Santander Business before applying.