Business Current Account definition

Business Current Account. : means the Business Banking current account held by the Business with TSB Bank plc.
Business Current Account means an account marketed to businesses rather
Business Current Account means an account marketed to businesses rather than individuals, which provides the facility to hold deposits, receive and make payments by cheque and/or debit card, use automated teller machine facilities and make regular payments by direct debit and/or standing order, but does not include an account in which money is held on deposit in a currency other than the official currency of the United Kingdom or an account in which credit funds are held and offset against mortgage debt or a loan (other than an overdraft facility);]1

Examples of Business Current Account in a sentence

  • Service charges will be deducted from your Business Current Account, or other deposit account, in that order, depending on the available balance in your Business Current Account.

  • NCBJ reserves the right to apply the respective monthly service charge based on the existing Business Current Account Scheme once the initial three (3) month period has expired.

  • NCBJ reserves the right to apply a monthly service charge based on the existing Business Current Account Scheme in the event that your minimum monthly credit balance falls below the JMD200,000 requirement.

  • The end-of-day balances on your Business Current Account throughout each calendar month will be used to determine whether or not a monthly service charge is applied.

  • Business Current Account No monthly service charge for an initial three (3) months.

  • Online Banking When you open a Business Current Account with us, we'll ask you if you want to register for Online Banking.

  • When you open a Business Current Account with us, we will ask you if you want to sign up to Text Message Services.

  • We may also return any credit balance to the account from which the money has been sent or pay the funds into your Business Current Account or any other current accounts you have with us.

  • Some of our Business Current Account customers are covered by this scheme.

  • Business Current Account No monthly service charge provided that the JMD200,000 minimum monthly balance is maintained.


More Definitions of Business Current Account

Business Current Account means the Business Banking current account held by the Business with Bank of Scotland plc.
Business Current Account means a business transactional current account opened with HLF; “Clearing House Regulations” means the Banking (Clearing House) Regulations made
Business Current Account means a current account denominated in sterling intended for use by a business and excluding any current account (even if used by the SME for the purpose of its business) which is offered by the Bank as a current account intended for personal use by a natural person;
Business Current Account means the Business Banking current account held by the Business with TSB Bank plc.
Business Current Account means the business transactional account We open in Your name at Your request including all balances in the account together with all interest.
Business Current Account means a business transactional current account opened with HLF;