Community account

A community account gives you a range of services to make it easy for you to manage your organisation's finances.

Provided the turnover on your account is less than £1 million each year, you'll pay nothing for making withdrawals and deposits. There are other benefits as well, including:

• Instant access - you can have a debit card that you can use at most cash machines
• Interest on your funds - tax-free, if this applies to your organisation
• Round the clock banking - access to your account information online 24/7
• Record keeping - easy-to-read statements and a choice of how often you receive statements
• No minimum balance - it's easy to open an account

Subject to status, you'll pay nothing for deposits and withdrawals if your organisation's annual turnover is less than £100,000. The following standard tariff applies where annual turnover exceeds this amount.

There are two tariffs:

Standard menu tariff

Ideal if you pay in money on a regular basis. You pay only for the services you use, plus a basic monthly account maintenance charge.

Auto free tariff

This could be ideal value if your organisation makes a lot of automated payments. There's no charge for making standing orders, Direct Debits and regular automated credits, and no limit to the number of free transactions you can make.

Charges are applied monthly, calculated on the services you've used. You'll receive around 14 days' notice of amounts to be charged, along with details of our calculations.

If you have to pay account charges in any of the charging periods shown below (left hand column), we will take them from your account on the dates in the right hand column.

Charges for other services are available on request.

Customer's returned items Unpaid item fee

An unpaid item fee of £35 (subject to a maximum of £140 per day) will be payable if:

• you informally request an overdraft by issuing instructions for a withdrawal or other payment; and
• the payment cannot be met from the funds in your account or any unused arranged overdraft; and
• we decide in our discretion not to make the payment. The fees are charged on the day we decide not to make the payment.

Paid referral fee

A paid referral fee of £30 will be payable if:

• you informally request an overdraft by issuing instructions for a withdrawal or other payment; and
• the payment cannot be met from the funds in your account or any unused arranged overdraft; and
• we decide in our discretion to make the payment so that an unarranged overdraft is created or increased. We only charge one paid referral fee per day, even if more than one item is paid from your account on that day. The total fee for a calendar month, capped at £180 per month, will be debited to your account on the sixth business day of the month after the month in which the transactions took place. The paid referral fee is payable in addition to interest.