Application

Am I eligible?

To be eligible for a your business must:

• Be registered in the UK and be eligible to pay UK tax

• Be either a sole trader, partnership, limited liability partnership (LLP) or limited company

• Have a maximum of 10 directors.

What you'll need

• An email address

• A UK mobile phone number

• Photo ID

• A device with a camera

• Email addresses and phone numbers of any additional signatories you wish to add to the account. These details must be different to yours. Please note, that to apply you must add all ultimate beneficial owners with 10%, or greater ownership of the business.

• Unique Tax Payer reference. You can find this in your Government Gateway account/HMRC app.

Please read the before applying.

Already started an application?

. Please note that started applications will be cancelled after 14 days if not completed.

Additional information

Interest will be paid without the deduction of tax. You will need to deduct tax yourself by declaring it as part of your annual tax return.

AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. Gross interest is the contractual rate of interest.

We publish all on our website. If you're an existing product holder, you can also see them in .

Please read before applying

Keep in mind

Please note it can take up to 24 hours for your new account details to be recognised and the details shown by other banks in the confirmation of payee field.

In the meantime, you can manually input your Cynergy Bank account sort code and account details or wait until the following day to transfer funds.