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Changes to our account opening process

To provide customers with a streamlined application process, business current accounts for new customers or a business entity that doesn't already bank with us will be offered by NatWest International. 

Business bank account

Everyday banking for your business

Helping you spend more time on your business

Everyday banking for small to medium-sized businesses

Our business current account helps you manage your everyday banking needs.

  • 24/7 online and mobile app banking
  • Support from our local Business Banking teams
  • Access to overdraft and variable-rate loan borrowing options that could help your business grow *

Supporting your business

Our mobile app

Manage your money from the palm of your hand.

Our app is secure and easy to use, giving you the tools you need to manage your money on the go, with 24/7 access to your accounts.

Online banking

Everyday banking from the comfort of your home.

Make tranfers or payments, go paperless, view and download statements, manage your text alerts and more.

Business support

We know there will be times when you need help from us

Our business banking support teams are here to help. For assistance, please call your local team.

Switch your business current account to us

The Current Account Switch Service makes switching from one bank or building society to another simple and stress-free. The service is available to consumers and small businesses, charities and trusts and allows you to choose a switch date that suits you.

How to apply

Before you apply for a business current account, please review the recent changes to our account opening process and eligibility criteria.

Changes to our account opening process

From 11 December 2023, Isle of Man Bank business current accounts are only available to existing business customers opening an additional account for a business entity that already banks with us.

Business current accounts for a new customer or a business entity that doesn't already bank with us will be offered by NatWest International.

Let's get started. Are you a...

Isle of Man Bank don't offer this account for new customers

We no longer offer Isle of Man Bank business current accounts to new customers.

You can apply for a business current account with NatWest International, which offers a streamlined digital application process. This will result in a faster account opening process and reduce paper waste.

Is the account for an existing business that already banks with us or a new legal entity?

Before you apply for a business current account, please review our eligibility criteria, important information and privacy details so you can make sure it's the right account for you.

Eligibility criteria

To apply for a business current account with Isle of Man Bank you must be:

  • an existing Isle of Man Bank business customer
  • opening an additional account for a business entity that already banks with us

and the business:

  • registered address must be in the Isle of Man and/or be registered for tax purposes in this jurisdiction
  • must have a single layer of ownership with no nominee shareholding structures with all owners, directors or shareholders resident in the Channel Islands, Isle of Man or Gibraltar
  • cash takings must not exceed 20% of the annual turnover

Please review our important information

Please take some time to review the following documents as we will ask you to confirm you’ve read these as part of the application form. These documents can be downloaded and saved to your computer for future reference.

How your information might be used

It's important for you to understand how we use and share your information. Please read our privacy notice for details on how we use your information and your rights.

What kind of company are you?

Looks like you're ready

To help us process your application as quickly as possible, please complete the form in full.

When completed, please save the application form to your computer then email the PDF to our Business Banking Team at businessbankingapplications@iombank.com.

Looks like you're ready

To help us process your application as quickly as possible, please complete the form in full.

When completed, please save the application form to your computer then email the PDF to our Business Banking Team at businessbankingapplications@iombank.com.

Looks like you're ready

To help us process your application as quickly as possible, please complete the form in full.

When completed, please save the application form to your computer then email the PDF to our Business Banking Team at businessbankingapplications@iombank.com.

Looks like you're ready

To help us process your application as quickly as possible, please complete the form in full.

When completed, please save the application form to your computer then email the PDF to our Business Banking Team at businessbankingapplications@iombank.com.

This account is no longer available for business entities that don’t already bank with us

We no longer offer Isle of Man Bank business current accounts to existing customers applying for a new legal entity.

You can apply for a business current account with NatWest International, which offers a streamlined digital application process. This will result in a faster account opening process and reduce paper waste.