Tide Logo
Tide Logo
Tide Logo
Tide Logo

SWITCH BUSINESS BANK ACCOUNTS

Thinking of switching business bank accounts?

By switching to Tide, you’ll gain access to simple payment solutions, built-in accounting and a dedicated savings account to earn interest on your business savings.

The good news is, with the Current Account Switching Service (CASS), the process is quick and easy. So you can make your money work for you and get back to doing what you love.

Switch to Tide

Why switch to Tide?

Business savings

Earn up to 4% AER variable on your capital with our Tide Instant Saver Account *T&Cs apply.

Get paid faster

Create, track and send personalised invoices, and generate payment links

Free accounting tools

Use our simple built-in accounting software or connect your account to Xero, Sage and more

£0 /month

Only pay for what you use, with low transaction and ATM fees

Apply for business loans

Start your business or fund its growth with tailored borrowing from our trusted credit partners.

Explore our card readers

Take payments on the go with low transaction fees

Switch to Tide

A switch you can rely on

When you switch business bank accounts, your old account will be closed and your payments and balance will be transferred to Tide.

It's safe

CASS comes with a guarantee – all payments from your old account will be made and if anything goes wrong, you won’t be left in the lurch.

It's easy

CASS makes switching your bank account simple, reliable, and hassle-free. Payments, such as standing orders and other regular transactions, will be moved to your new account.  

It's fast

We'll need a few basic details from you to get the ball rolling. The switch itself can take up to 7 working days.

Switching business bank accounts is as easy as 1, 2, 3

  1. Enter the details for the account you want to move to Tide

  2. Pick a switch date that suits you

  3. Sit back and let us handle the rest.

Need help switching?  Call our dedicated switching team on 0204 538 8443 and we’ll help get you started

Switch to Tide

Trusted by over 1 million businesses

Take control of your business finances the easy way with Tide Accounting. Find a plan that aligns with your business needs and get back to doing what you love.

Claire PedleyThe Poured Project

Once I’d filled in the application online, the account was active in about an hour. I can’t stress how easy Tide is to use.

Switching business bank accounts FAQs

The Current Account Switch Service will take care of payments up until seven working days before your switch date. If you want to make new payment arrangements during this seven day period, you’ll need to do it on your new account.

Switching accounts in the UK is free however not all current accounts are free to open and may charge a monthly fee. At Tide, you can open a free business bank account and switch without incurring any fees.

Whilst we don’t offer overdrafts, we’ve partnered with Iwoca to bring you business loans – allowing you to apply for up to £150,000 of credit straight through the app, which can be used as an alternative to a traditional overdraft. Your clients can apply straight through the app, on the home screen. For more information visit our business loans page.

The Current Account Switch Service makes switching your current account simple, reliable and stress-free.

Over 10 million current accounts have been switched so far and over 50 banks and building societies are already part of the service.

The Account Switch Service Guarantee means your new bank will switch your payments and transfer your balance, and your old bank will take care of closing your old account. So you don’t need to worry.

All banks and building societies that display the Current Account Switch Guarantee Trustmark will follow the same switching process and must offer the same guarantees.

You can read more about the guarantee here.

Help, my question isn’t answered here Find answers to all our most frequently asked questions about opening & switching a bank account here.

Business account for all your business needs

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Tide Platform Limited (Tide) designs and operates the Tide website and app. Tide is not a bank. Tide is authorised by the Financial Conduct Authority (FCA) under the Electronic Money Regulations 2011 under firm reference number 900843 for the issuing of electronic money and the provision of payment initiation services and account information services under the Payment Services Regulations 2017. Tide is also authorised and regulated by the Financial Conduct Authority in relation to its credit and insurance broking activities (firm reference 718743). Tide is incorporated and registered in England and Wales with company number 09595646 and registered office at 4th Floor The Featherstone Building, 66 City Road, London, EC1Y 2AL. Tide offers bank accounts powered by ClearBank® Ltd (ClearBank) (account sort code is 04-06-05). ClearBank is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 754568. Eligible deposits with ClearBank are protected up to a total of £120,000 by the Financial Services Compensation Scheme (FSCS), the UK's deposit guarantee scheme. For further information visit Home. ClearBank Ltd is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (Financial Services Register number: 754568). Registered Address: ClearBank, Level 27, The Broadgate Tower, 20 Primrose Street, London, United Kingdom, EC2A 2EW. Eligible deposits held in the Tide Business Current Account (powered by ClearBank) are covered by the Financial Services Compensation Scheme (“FSCS”) subject to eligibility. All eligible deposits at the same bank are aggregated to determine the coverage level for each depositor up to £120,000, therefore if you have any other product/services with ClearBank these will be aggregated. To find out more and to check your eligibility please visit: About us . Some of Tide’s members also hold e-money accounts powered by PrePay Technologies Limited (PPT) (account sort code is 23-69-72). PPT is an electronic money institution authorised by the FCA under the Electronic Money Regulations 2011 under firm reference number 900010 for the issuing of electronic money. PPT holds an amount equivalent to the money in Tide current accounts in a safeguarding account which gives members protection against PPT’ insolvency. Tide Cards may be issued by both Tide and PPT, who are licensed by Mastercard International for the issuance of cards. The issuer of your Tide card will be identified on your monthly card statement. Tide Capital Limited is an appointed representative of P1 Investment Services Limited which is authorised and regulated by the Financial Conduct Authority under firm reference number 752005 to carry out such regulated activities as are involved in the provision of Tide Investment Account. Seccl Custody Limited is the custodian of assets held in Tide Investment Account and is authorised and regulated by the Financial Conduct Authority (firm reference number 793200) and registered in England and Wales under No. 10430958. Registered office 20 Manvers Street, Bath BA1 1JW. Tide, the Tide logo, the Swell, and Do Less Banking are trademarks and trade names of Tide Platform Limited, and may not be used or reproduced without the consent of the owner.