Checking Accounts
A range of checking accounts to meet your individual and business needs.
Simple Checking
This simple checking account is designed for individuals and businesses with lower monthly transaction volumes.
Minimum to open: £1,000.00
Monthly Service Charge
- No Charge with Minimum Daily Balance of £5,000.00 or above
- £12.00 with Minimum Daily Balance of £0.00 to £4,999.99
Additional Account Service Charges
- No Charge for 250 items per month
- £0.25 Per excessive item (over 250)
Additional Account Features
- Elite Financial Trust Debit Card.
Non-interest bearing account
Business Checking
For companies with higher balances and activity, this unlimited transaction account is analyzed monthly and features an earnings credit allowance on your balance to help offset service charges.
Minimum to open: £10,000.00
Monthly Service Charge
- £18.00 Monthly maintenance
Additional Account Service Charges
- £0.15 Per withdrawal(3)
- £0.10 Per deposit item
- £0.50 Per deposit posted to the account
- £0.06 Per $1,000.00 balance for Ledger Balance Assessment
Additional Account Features
- Earnings Credit (Reduce or eliminate monthly service charges with an earnings credit analyzed on a monthly basis.)(4)
- Elite Financial Trust Business Debit Card(1)
Non-interest bearing account
Services in our branches and contact centres are currently limited because of the coronavirus outbreak. Unfortunately we are unable to offer new products in branches or contact centres, or set up appointments at the moment.
If you’ve applied for a new account recently, please allow extra time for your application to be processed as the queues are longer than usual – no need to call us, we’ll let you know when it’s ready to use.
We’re also receiving far more calls than usual, so our wait times are longer. Please check the information on our dedicated coronavirus hub page, which is updated regularly. Please only call us if it’s urgent, so we can help those most in need.
Opening an account
To open any of our account, a new customer will need to provide us with documents and information. We may request additional information or documents in individual cases.
| You can open an account: | |
|---|---|
| Without visiting a branch | Yes |
| Where a visit to a branch is required, without an appointment | In some cases |
| By sending us documents and information electronically | In some cases |
| By post | In some cases |
Find out more from our live chat customer care.