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Santander bank uk business login

santander bank uk business login

The account is not for businesses. Banks usually charge for business accounts. (Confusingly, community accounts are usually managed by the. Santander UK Business Banking | 5910 followers on LinkedIn. Here to help your business prosper. Whether you are looking for your first customer. We see five major forces affecting the UK economy, society and the banking sector. Our business model and culture. Our. Compass. Our. Behaviours. Fig.
santander bank uk business login
santander bank uk business login

: Santander bank uk business login

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Santander bank uk business login
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Switch to Britain’s Best Business Provider 2021

Running your own business is full of ups, downs and occasional surprises, and not all banks understand that – but we do. Starling’s business account has no monthly fee, is flexible and is designed to make life easier. Switch today with the Current Account Switch Service.

Why switch your business bank account to Starling?

  • It’s free and easy. Our business bank account comes with no monthly fees or UK payment charges. Requesting to switch only takes a few minutes – so why not give it a go?

  • The best of British. We’ve been voted Best British Bank for four years running. So if you’re looking for the best in business banking, look no further.

  • It’s seamless. We’ll do the legwork of moving outgoing payments, payees you’ve set up, Direct Debits and standing orders. Also, if anybody pays money into your old account it will automatically be redirected to your Starling account.

  • Get the full picture. By switching to Starling, you’ll be able to understand and manage your business finances, all from one app. You can also integrate seamlessly with Xero, QuickBooks and Paystream.

Get startedGet the app

Already have a business account? Here’s how to switch.

  • Tap the top right icon to bring up the account menu and select ‘Switch to Starling’.
  • Enter the account details you’re switching from.
  • Choose your switch date and agree to the terms and conditions.
  • For multi-owner accounts, one user will need to initiate the switch from the app. All directors with access to the app will then need to approve the request (we’ll send them a notification explaining this).
  • From this point, we’ll handle everything for you (completed in seven working days). In the unlikely event of any problems, we’ll resolve those for you.
Open app

Don’t have a business account with us yet?

Download the app and apply for an account in minutes. Once you’ve been verified, follow the steps above to start the switch to Starling.

Please note: we do not support partial account switching.

Get the app

Here’s what happens when you switch business bank accounts

The whole process is quick, safe and guaranteed.

Papers icon

Step 3

The business account you’re switching from will be closed on your behalf and your balance, salary, payees, Direct Debits and standing orders will be moved to your Starling business account.

Confirmed icon

Step 4

The switch is complete. Your old bank will make sure that any payments made to your old business account are redirected to your Santander bank uk business login business account.

Bank icon

Step 1

We’ll send a request to your old bank to confirm the switch.

Tick icon

Step 2

We’ll keep you updated every step of the way. You can also monitor the progress of your switch in the ‘Switch to Starling’ tab under the account menu.

Papers icon

Step 3

The business account you’re switching from will be closed on your behalf and your balance, salary, payees, Direct Debits and standing orders will be moved to your Starling business account.

Confirmed icon

Step 4

The switch is complete. Your old bank will make sure santander bank uk business login any payments made to your old business account are redirected to your Starling business account.

Bank icon

Step 1

We’ll send a request to your old bank to confirm the switch.

Tick icon

Step 2

We’ll keep you updated every step of the way. You can also monitor the progress of your switch in the ‘Switch to Starling’ tab under the account menu.

Papers icon

Step 3

The business account you’re switching from will be closed on your behalf and your balance, salary, payees, Direct Debits and standing orders will be moved to your Starling business account.

Confirmed icon

Step 4

The switch is santander bank uk business login. Your old bank will make sure that any payments made to your old business account are redirected to your Starling business account.

Voted Britain’s Best Bank, four years running

Thousands of business owners have gone full Starling

Trustpilot reviews

Read more customer reviews.

If you have given permissions to Third Party Providers to make payments on your behalf, or to access your financial data, access to these services won’t be transferred automatically to your new account as part of the Current Account Switch Service.

1. Before you close your old account, check whether you have any Third Party Provider permissions set up and if so, who with.

2. Once your santander bank uk business login account is open you can give your permission to the Third Party Provider to access your new account by providing them with your new account details. You will need to contact the Third Party Provider directly yourself to set this up.

3. If you are unsure as to whether your New Bank will support the Third Party Provider permissions on your account, you will need to discuss this ahead of your switch with your New Provider who will be able to advise you of this.

Please check your new provider’s terms and conditions for more information about Third Party Providers.

Starling Bank is registered in England and Wales as Starling Bank Limited (No. 09092149), 3rd floor, 2 Finsbury Avenue, London EC2M 2PP. We are authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 730166.

© Starling Bank 2021. All rights reserved.


Santander Bank Uk Business Login

Ways to log in to iCloud on an iPhone With an Apple ID

Your Apple ID is the record that you use to get to all Apple administrations and make the entirety of your gadgets cooperate consistently. After you sign in, you can utilize the App Store, iCloud, iMessage, Apple Music, Apple TV+, and then some. Sign in on your iPhone, iPad, or iPod: Open the Settings application. Tap Sign in to your [device]. Enter your Apple ID and secret word. Whenever provoked, enter the six-digit confirmation code shipped off your believed gadget or telephone number and complete Sign in. If you are endorsed into iCloud on the iPhone combined with your Apple Watch, you will consequently be endorsed into that Apple ID. Become familiar with how to set up and santander bank uk business login in to your Apple Watch. Read more:Ways to Sign in to Wechat On a PC or Mac Sign in on your Mac: Pick Apple menu > System Preferences. Snap Sign In. Enter your Apple ID and secret phrase. Whenever provoked, enter the six-digit confirmation code shipped off your believed gadget or telephone number and complete Sign in. Sign in on Apple TV: From the Home screen, pick Settings. At that point, pick Users and Accounts and select Add New User. Select Enter New; at that point, adhere to the on-screen directions. Find out around a couple of the administrations you can use with your Apple ID on Apple TV. You may have to enter a confirmation code with your secret key on the off chance that you utilize santander bank uk business login validation on an Apple TV (second or third era). Figure out how to get a confirmation code on your believed gadget or ship off your believed telephone number. Sign in on Applications and Different Gadgets: You can utilize your Apple ID on some outsider gadgets to sign in to Apple administrations like Apple Music, the Apple TV application, and then some. Contingent upon your gadget, you may have to utilize an application exact secret word. Sign in to utilize Apple Music, the Apple TV application, and more on your different gadgets You can sign in to Apple Music on Android or sign in to the Apple TV application on your smart TV or streaming gadget. On your Windows PC, you can sign in to iTunes for Windows to purchase films and TV shows or tune into Apple Music tunes. Sign in to Utilize iCloud on your Different Gadgets: On your Windows PC, you can set up and sign in to iCloud for Windows to get to photographs, records, and that is just the beginning. You can likewise sign in to from your program. Realize which highlights are accessible on your gadget. Utilize Sign in with Apple on Outsider Applications and Sites: If you see a Sign-in with Apple button on a partaking outsider application or site, you can utilize your current Apple ID to set up a record and sign in immediately. Figure out how to utilize Sign in with Apple. When you sign in to the App Store and other media benefits, interestingly, you may have to add a Visa or other installment data. You cannot sign in to the App Store and other media administrations with more than one Apple ID simultaneously or update the substance you purchase with an alternate Apple ID. Contingent upon how you made your Apple ID, you may be provoked to move up to two-factor confirmation on a qualified santander bank uk business login. Oversee Apple ID and iCloud settings on iPhone: Your Apple ID is the record you use to get to Apple administrations, for example, the App Store, the iTunes Store, Apple Books, Apple Music, FaceTime, iCloud, iMessage, and that is just the beginning. Use iCloud to safely store your photographs, recordings, reports, music, applications, and that is just the beginning and keep them refreshed across the entirety of your gadgets. With iCloud, you can undoubtedly share photographs, schedules, areas, and more with loved ones. You can even utilize iCloud to help you discover your iPhone if you lose it. iCloud furnishes you with a free email record and 5 GB of capacity for your santander bank uk business login, reports, photographs, and recordings, and reinforcements. Your bought music, applications, TV shows, and books do not mean something negative for your accessible extra room. You can overhaul your iCloud stockpiling directly from your iPhone. Sign in with your Apple ID: If you did not sign in during the arrangement, do the accompanying: Go to Settings. Tap Sign in to your iPhone. Enter your Apple ID and secret word. If you do not have an Apple ID, you can make one. If you ensure your record with two-factor validation, enter the six-digit confirmation code. If you failed to remember your Apple ID or secret word, see the Recover your Apple ID site. Change your Apple ID Settings: Go to Settings > [your name]. Do any of the accompanying Update your contact data Change your secret phrase Oversee Family Sharing Read more:Detailed Instructions on Ways to Sign Out Of Gmail

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Business Bank Accounts

25 Months Free* Business Banking

Whether you're considering switching your business banking account to us or just starting out, we offer 25 months* free day-to-day business banking.

*Subject to keeping your account within agreed limits and not going overdrawn without arranging it first.


Current Account switch guarantee

Business Plus banking account

Key features for start ups and switchers:

  • 25 months free day to day banking - so long as you keep your account within agreed limits and don’t go overdrawn without arranging it first

  • After the free banking period, you'll have a simple tariff and great ongoing value

  • Use a Square reader to take chip & PIN and contactless payments. Pay no fees on your first £1,000 of sales

  • Specialist support to help grow your business can be found from Enterprise Nation and Funding Options

  • Earn a great rate and access your money for whatever you need, whenever you need it, with our Business Instant Access savings account

  • If you’re switching then our dedicated team will make sure the switch goes smoothly, which is also backed by the Current Account Switch Service guarantee


Please be aware that we’re currently receiving high volumes of business account applications. It could take up to 4 weeks to process your application once all information is received.


More details and apply

NatWest customer? More details and apply

Keep your account on the move

Up-to-date financial information is important to any business. Now there's another way to keep track of your finances.

Our free text alerts service delivers regular account balances and transactions as text messages to your mobile phone.


Text alerts

Online for 24/7 business

With our Business Internet Banking service, you can do business at any time of the day or night. You can:

  • Check your up-to-date balance

  • Transfer money between your accounts.

  • Make payments via Faster Payments or BACS

  • Manage your standing orders and Direct Debits

  • Export statements into your finance package

  • Delegate day-to-day banking tasks and much more


Explore our Business Internet Banking service

What you'll need to open an account

We’ve worked with participating providers of UK business banking accounts to agree a basic set of information that we’ll need to set up your business current account. Find out what you’ll need to provide using this simple guide from UK Finance, the UK’s leading trade association for financial services.

Click on the business accounts checklist

Our service

Our new platform continues to deliver real benefits for our business customers, including a new mobile banking app and a market-leading business savings account. This enables us to support more local businesses right across the UK, and improving customer service in all areas of our banking offer remains a priority to us. 

Our most recent customer survey indicates that 80% of customers are satisfied or completely satisfied with our Business Banking services.*

* Based on 925 surveys with TSB Business customers conducted by Motif, an independent market research agency, between October and December 2020.





You can check our service status here

Independent service quality survey results

As part of a regulatory requirement, an independent survey was conducted to ask approximately 1,200 customers of each of the 14 largest business current account providers if they would recommend their provider to other small and medium-sized enterprises (SMEs). The results represent the view of customers who took part in the survey.




CHAPS is a sterling same-day system that is used to settle high-value wholesale payments as well as time-critical, lower-value payments like buying or paying a deposit on a property.

The CHAPS system santander bank uk business login currently Closed

Opening hours: 6:00 to 18:00, Monday to Friday except bank or public holidays in England and Wales.

What is CHAPS (Clearing House Automated Payment System)?

Responsibility for the CHAPS system transferred to the Bank of England in November 2017.

CHAPS is one of the largest high-value payment systems in the world, providing efficient, settlement risk-free and irrevocable payments. There are over 30 direct participants and over five thousand financial institutions that make CHAPS payments through one of the direct participants. 

The CHAPS Clearing Company website has been archived by The National Archives.

View the archived CHAPS Co website

Who uses CHAPS?

Direct participants in CHAPS include the traditional high-street banks and a number of international and custody banks. Many more financial institutions access the system indirectly and make their payments via direct participants. This is known as agency or correspondent banking.

CHAPS payments have several main uses:

  • Financial institutions and some of the largest businesses use CHAPS to settle money market and foreign exchange transactions
  • Corporates use CHAPS for high value and time-sensitive payments such as to suppliers or for payment of taxes
  • CHAPS is commonly used by solicitors and conveyancers to complete housing and other property transactions
  • Individuals may use CHAPS to buy high-value items such as a car or pay a deposit for a house

CHAPS Direct Participants

Banco Santander, S.A. (London branch)
Bank of America N.A. (London branch)
Bank of China Limited (London branch)
Bank of England
Bank of New York Mellon (London branch)
Bank of Scotland plc (part of the Lloyds Banking Group)
Barclays International (a trading name of Barclays Bank plc, part of the Barclays Group)
Barclays UK (a trading name of Barclays Bank UK plc, part of the Barclays Group)
BNP Paribas SA (London branch)
Citibank N.A. (London branch)
ClearBank Limited
CLS Bank International (an Edge Act Bank based in New York)
Clydesdale (a trading name of Clydesdale Bank plc, part of the Virgin Money UK PLC Group)
Danske Bank (a trading name of Northern Bank Limited, part of the Danske Bank Group)
Deutsche Bank AG (London branch)
Elavon Financial Services DAC (UK branch)
Euroclear Bank SA/NV (Brussels Head Office)
Goldman Sachs Bank USA (London branch)
Handelsbanken plc (a UK subsidiary of Svenska Handelsbanken AB)
HSBC Bank plc (part of the HSBC Group)
HSBC UK Bank plc (part of the HSBC Group)
ING Bank N.V. (Amsterdam Head Office)
J.P. Morgan Chase Bank N.A. (London branch)
LCH Limited
Lloyds Bank plc (part of the Lloyds Banking Group)
National Westminster Bank plc (part of the NatWest Group)
Northern Trust Company (London branch)
Royal Bank of Scotland plc (part of the NatWest Group)
Santander UK plc (part of the Banco Santander Group)
Societe Generale (Paris Head Office)
Standard Chartered Bank plc
State Street Bank and Trust Company (London branch)
The Co-operative Bank plc
TSB Bank plc
UBS AG (London branch)
Virgin Money (a trading name of Clydesdale Bank plc, part of the Virgin Money UK PLC Group)

How does CHAPS work?

Payment obligations between direct participants are settled individually on a gross basis in RTGS on the same day that they are submitted. The transfer of funds is irrevocable between the direct participants.

Operating hours: The CHAPS system opens at 6am each working day. Participants must be open to receive by 8am and must send by 10am. CHAPS closes at 6pm for bank-to-bank payments. Customer payments must be submitted by 5.40pm. 

The process of initial CHAPS payment request to SWIFT messaging network, which gets sent to the Bank of England for confirmation, then onto crediting customers account

What are the benefits of CHAPS payments?

Direct access to CHAPS supports secure and efficient provision of high value, same day payments paychex customer service payment service providers to their customers. There is no minimum or maximum payment limit.

High level of operational resilience based on the Bank’s real-time gross settlement infrastructure and the SWIFT messaging network.

Settlement risk is eliminated between CHAPS direct participants, at the cost of an increased need for liquidity, making this model best suited to a high-value payment system with the largest potential systemic risk.

Requirements for Direct Access to CHAPS

To become and remain a CHAPS direct participant an capital one how to increase credit line must meet certain criteria.

An organisation must:

  • Hold an account at the Bank which may be used to settle payment obligations. Account access criteria are set out in the Bank’s Settlement Account Policy
  • Be a participant within the definition set out in the Financial Markets and Insolvency Regulations 1999
  • If domiciled outside England and Wales, provide information about company status and settlement finality through a legal opinion
  • Comply with technical and operational requirements, including those set out in the CHAPS Reference Manual, on an ongoing basis

The Bank operates a ‘trust and verify’ approach. Direct Participants must self-attest to their compliance with the CHAPS rules and requirements, and declare instances of non-compliance. The Bank may also seek to verify certain areas. 

Technical requirements include access to the SWIFT network compromising one or more BICs, use of SWIFT FIN Copy, appropriate interfaces to connect to the SWIFT network and process messages. Other important components are access to an Enquiry Link facility provided by the Bank and the Extended Industry Sort Code Database which is supplied by VocaLink.

Gaining access to CHAPS

The number of CHAPS direct participants increased by over 50% between 2015 and 2020 reducing risks to financial stability. The Bank regularly reviews its access policies to support wider access, including to support a more innovative and competitive market in payments, subject to where we can safely do so without impairing financial stability.

The Bank, as operator of CHAPS, and a number of other UK payment system operators have published information to help organisations consider whether direct or indirect access best suits their needs. 

Direct access to CHAPS

The typical timeline for joining CHAPS is around twelve to eighteen months from an initial meeting. Applicants must demonstrate their ability to meet the eligibility criteria set out in the CHAPS Reference Manual and comply with the technical and operational requirements. This is through a self-attestation model as well as technical testing. Applicants are also expected to provide information on their business model and rationale for seeking direct access to the CHAPS payment system. The Bank undertakes a series of risk assessments based on this information, including ahead of allocating a joining date. 

In January 2022, a refreshed version of the CHAPS Reference Manual will take effect. This is the final step in a programme of work to enhance the CHAPS Reference Manual. The new version is simpler, reduces duplication, and seeks to reduce the burden on CHAPS Direct Participants while maintaining an appropriate level of risk management. We also introduced sections on security and outsourcing; the latter facilitating the potential for CHAPS Direct Participants to use cloud-based solutions for processing CHAPS payments.

The Bank is currently undertaking a major programme to renew the RTGS service including adopting the ISO 20022 messaging standard for CHAPS payments from June 2022 – initially on a like-for-like basis, with enhanced data from February 2023; and a new core ledger in September 2023. Each change requires technical preparation, including change freezes to the current RTGS infrastructure to safely deliver the necessary changes. 

The renewed RTGS service will be built to support a substantial increase in the number of CHAPS direct participants – with a simpler and more proportionate joining process than now. For example, testing will be streamlined for new joiners as well as existing CHAPS direct participants. 

Given the changes santander bank uk business login, the number of slots available to join CHAPS has reduced during the transition period to the renewed RTGS service. The final slots ahead of the introduction of a new core ledger for RTGS in September 2023 have been allocated. The next available joining date for CHAPS is unlikely to be before early 2024. In the meantime, we continue to welcome expressions of interest for direct access to CHAPS from eligible organisations who want to understand the relevant rules and future technical requirements with a view to being ready to join from 2024 onwards. 

If you would like to know more about direct access to CHAPS please contact [email protected]

Indirect access to CHAPS

For those interested in indirect access, the Access to Payments website includes a list of Indirect Access Providers and details of their offerings.

Cost of Direct Access to CHAPS

The cost of direct participation in CHAPS includes one-off set-up costs, such as the cost of developing the necessary hardware, software and processes to connect to CHAPS and establishing sufficient expertise amongst staff. They also involve a potentially significant level of ongoing cost, such as fees and other participation costs; opportunity costs of providing collateral or holding liquid assets; hardware and software maintenance; and higher staffing costs. 

We charge CHAPS Scheme fees to Direct Participants with an annual participant charge and a per-item fee. We do not charge a joining fee but certain costs, such as external legal fees, may be recovered from Direct Participants.

Other costs that CHAPS Direct Participants can expect to incur are:

  • VocaLink charges for status changes within the Extended Industry Sort Code Directory (EISCD)
  • SWIFT tariff fees and charges for CHAPS payment and advice messages
  • Regulatory fees, including from the Payment Systems Regulator
  • Hardware and software costs such as a payments gateway or using the services of a technical aggregator 

CHAPS payments for customers

Indirect participants access the CHAPS system through one of the Direct Participants based on a commercial and contractual arrangement. The Direct Participant makes and receives payments on behalf of indirect participants and other customers including business and individuals. 

  • In 2015, the Payment Systems Regulator found that indirect participants typically pay around £2 to £3 per CHAPS payment, with a maximum of £30. End-users typically pay between £25 and £30.

Engagement with CHAPS users

We undertake a range of layered engagement and communication with CHAPS users. This covers financial institutions with direct and indirect access to CHAPS as well as end-users. 

Strategic Advisory Forum

We host a CHAPS Strategic Advisory Forum. This is a small focused group to discuss, and provide feedback and advice on, the strategic direction of CHAPS with the Bank. It is chaired by Kevin Brown, one of the independent members of the CHAPS/RTGS Board and meets 4 times a year.

The Forum’s fourteen external members are senior, experienced executives with a good understanding of the broad interests of their sector.  The members are drawn from banks, other financial institutions, payment service providers and end-users. However, membership is in an individual capacity, not as a direct representative of their respective organisations. 

Communicating with users

We are committed to giving appropriate voice to users in how we govern the CHAPS system. While the Strategic Advisory Forum has a vital role to play, we appreciate there is a large and diverse population of stakeholders with different interests.

We will communicate with CHAPS users through a layered approach. Some communication will come directly from us. Communication will include two-way engagement for us to seek views from, and respond to, users. In some instances, we will engage through other organisations, such as trade associations, to effectively reach a wider population.   

Board minutes from the CHAPS Clearing Company (the previous operator) are available through The National Archives or via [email protected]

View the Board documents

CHAPS statistics

Last month

  • In November 2021, CHAPS processed 4.2 million payments worth £8.1 trillion over 22 settlement processing days. 
  • The average daily volume was 192,522, an increase of 7.1% from November 2020. 
  • The average daily value was £366 billion, an increase of 2.3% from November 2020.

First half of 2021

  • In the first six months of 2021, the average daily volume was 189,033 an increase of 8% from January - June 2020.
  • In the first six months of 2021, the average daily value was £341 billion, a decrease of 6% from January - June 2020.

Last year

  • In 2020, CHAPS volumes declined by 8.5% to 44.5 million; on average 175,346 per day.
  • CHAPS volumes were affected by the Covid-19 pandemic. 
  • The total value transmitted in CHAPS in the 12 months to December 2020  grew by 10.2% to a record £91.9 trillion; on average £361.8 billion daily.

CHAPS record santander bank uk business login Thursday 29 March 2018, the day before the Easter break, and the last working day of the quarter, saw a record 320,034 payments, worth £463bn, beating the 11-year record by 38,000 (13%). Ongoing steady growth in CHAPS volumes over the previous five years outstripped migration to newer alternative methods of payment.
  • Values: The all-time peak value day was on 30 November 2020, when £485 billion was settled in CHAPS. In November, there was a confluence of high activity across many of the markets served by CHAPS, including unsecured money markets, settlement of foreign exchange, and flows with other financial market infrastructure. This new record exceeded the previous record of £479 billion on 18 March 2020.
  • CHAPS in context

    • CHAPS represents 0.5% of UK total payment volumes but 93% of total sterling payment values (excluding internalised flows within payment service providers).
    • CHAPS turns over the annual UK GDP every 5 working days.

    Market effects

    • CHAPS volumes have been in decline year-on-year from 2020 Q2 onward, largely due to the economic disruption caused by the outbreak of Covid-19. CHAPS volumes have since increased in line with economic recovery.
    • They have also grown as the property market recovered from deep decline earlier in the year, supported by the Stamp Duty holiday. By 2020 Q4 CHAPS use in the property market was estimated to be only slightly below the levels in 2019 Q4. In February and March 2021 the property market was very active, sustained by the Stamp Duty holiday. The holiday was due to finish at the end of March; in early March it was announced it would extend until end June (tapered thereafter until end September 2021). The net growth in CHAPS volume in March 2021, the first year-on-year growth since February 2020, is primarily explained by CHAPS use in the property market.
    • CHAPS values in 2020 were largely reflective of financial market conditions. CHAPS value rose particularly during the early stages of the pandemic, and remained above 2019 levels for the rest of 2020. Although many financial market settlements were on other FMIs (i.e. non CHAPS) or in different currencies, net sterling flows to and from FMIs that were made over CHAPS grew substantially. The total value of short-term lending (money markets) payments in CHAPS was also considerably higher in 2020, after a decline in 2019. 
    • Most of CHAPS value (73% in 2020; 74% in 2019) continued to santander bank uk business login derived from wholesale financial transactions. Value growth in 2020 was in both corporate (and other non-interbank) and in wholesale financial use, though stronger in the former than the latter (+12% versus +9%).

    The two reports above (quarterly and annual UK payment system statistics) are reported on behalf of CHAPS and the other payment system operators by the Data and Analytics team at Pay.UK. Please contact them on 020 3217 8720 or by email [email protected] for monthly statistics, previous reports or with other queries about these reports. For enquiries about CHAPS statistics: please contact the Bank of England press office on 020 3461 4411 or by email [email protected]

    CHAPS Volumes for the previous 12 months

    CHAPS Volumes for the previous 12 months

    CHAPS Values for the previous 12 months

    CHAPS Values for the previous 12 months

    Corporate Banking

    For all your corporate banking needs, we offer expertise in commercial and business banking to trading entities domiciled in or managed from, the Channel Islands and Isle of Man

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    We provide solutions for the following:

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    Everyday transactions

    We can look after the day-to-day banking needs of your business with our Corporate Gold Account which is available in Sterling, Euro and US dollar currencies. This account provides you access to cheque payments and a Visa debit card, and you can use our Online Banking solution to keep up-to-date with your everyday transactions.

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    Growth and expansion

    As your business grows, you may need help with finance for it. We can assist through a range of solutions that make the best use of whatever assets the business has available as security (for example if the business owns the property it operates from as an owner/occupier). We can also help you acquire investment properties; whether residential or commercial.

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    To help you manage your business risk we can help with foreign exchange and interest rate solutions and we also offer a range of competitive longer term deposit solutions for any surplus cash the business may have.

    Case studies

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    Santander to close 111 UK branches and shake up office sites

    Santander is to close 111 branches across the UK – a fifth of its network – which it says is in response to the shift to digital banking, accelerated by the pandemic.

    The bank also announced a shake-up of its office sites that will lead to four locations being closed and its UK headquarters being moved from London to Milton Keynes. About 5,000 staff are affected by the offices announcement, and Santander said they would be offered new arrangements combining working from home with “access to local spaces designed to enable team collaboration”.

    Santander said the majority of branches to be closed were less than three miles from another Santander branch, and the furthest distance was five miles.

    In addition, the bank said all current and business account holders would still be able to bank in person at more than 11,000 Post Office branches.

    Santander said Covid had quickened changes in customer habits, with branch transactions falling by a third over the two years before the onset of the pandemic and by a further 50% last year.

    The closure programme will start on 24 June, with four branches in London and one in Glasgow among the first to shut. All 111 are to be closed by the end of August.

    Many of the big banks have been cutting their branch networks, claiming customers are spurning traditional counter service in favour of banking online and via mobile phones. Many have said the pandemic has sped up this process.

    In January HSBC announced it would be closing another 82 branches this year, and this month Marks & Spencer’s banking arm, M&S Bank, said its 29 in-store branches would close in early July.

    According to the consumer body Which?, banks and building societies have closed or announced the closure of 4,188 branches since January 2015, averaging around 50 each month.

    “Branch usage by customers has fallen considerably over recent years so we have made the difficult decision to consolidate our presence in areas we have multiple branches relatively close together,” said Adam Bishop, a Santander executive.

    He said Santander, which will continue to operate 452 branches across the UK, expected that thesize of its network would now remain stable“for the foreseeable future”. He added: “We continue to believe that branches have an important role to play.”

    However, Which? said this latest announcement meant Santander had closed, or earmarked for closure, 470 branches since 2015.

    Gareth Shaw, its head of money, said: “The bank branch network continues to shrink at an alarming rate, often leaving entire communities without somewhere to withdraw cash or speak to someone face-to-face about sensitive financial matters.”

    He added that while many consumers could benefit from digital banking, “shutting branches has a significant impact on those who still rely on them for essential banking services like withdrawing cash, particularly if they are vulnerable”.

    Shaw said that banks looked set to continue to make such changes without having put in place suitable alternatives and despite the Financial Conduct Authority asking firms to reconsider branch closures during lockdown. “The government must urgently set out its plans for introducing legislation protecting access to cash.”

    In total about 840 staff work in the branches due to close, and Santander said it would be working to find alternative roles for them wherever possible. More than 200 roles will be available in nearby branches, and there will be other internal opportunities for redeployment, it said.

    Separately, Santander announced plans to consolidate its office sites into six main locations across the UK and introduce more flexible working. Milton Keynes, where the bank is investing £150m in a new campus, will become its UK headquarters, alongside bases in Belfast, Bradford, Glasgow, London and Sheffield.

    As part of the changes, Santander will close its Bootle, Newcastle, London Portman House and Manchester Deansgate offices by the end of 2021. It will also reduce the amount of office space at its current headquarters at London’s Triton Square, near Regent’s Park, as well as at its London Ludgate Hill, Leicester Carlton Park and Teesside sites.



    1. This interview should've been conducted on actual working class people. Also, the mom could either get a job, so that she can better fund the family's expenses and slowly invest in her business, or stay home with the children and she saves $5,000. Also, the family could move to another borough (and a decent part of the borough too) and have a much bigger apartment for a fraction of the price, while still being fairly close to Manhattan.

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