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Business Account Charges

The charges that apply to your business account

To apply for an Isle of Man Bank business current account you are required to be 18 years or over and be the owner or director of the business you’re applying on behalf of. Your registered business address must also be in the Isle of Man or you should be registered for tax purposes in the Isle of Man.

Our business account charges

The business account charges document details the costs we charge you for running your business account. It tells you exactly what you have to pay - and when. And, since we want to see your business succeed, we also give you some tips on what you can do to reduce your transaction charges.

If you want to know the price of a service that we haven’t included here, or if you have any questions about our charges, your usual contact at the Bank will be able to help.

How to minimise fees

Register for Online and Mobile banking

We've removed charges for payments made via our Online and Mobile banking services.
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Reduce the amount of cash you handle

Reducing the amount of cash or cheque payments you make in favour of digital alternatives could help you avoid or reduce charges.
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Take more of your payments by card

Ask for electronic transfer instead of taking cash or cheques.
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Ask for electronic transfer instead of cash or cheques

If your customers pay you by cash or cheque, you may prefer to ask them to send you a payment via online or mobile banking instead. It’s free of charge and only takes a few seconds.

Frequently asked questions

Our digital ways to bank

Online banking

Recommended for Business Banking customers

Our online banking service lets you log in securely from your computer or device for access to your business bank accounts 24/7.

Online banking is available to customers aged 11+ with an Isle of Man Bank account.

Mobile app

Recommended for Business Banking customers

Enjoy the convenience of mobile banking wherever you are. Check your balance, make a transfer, review your transactions and more.

Our Mobile App is available to customers aged 11+ with compatible iOS and Android devices and an Isle of Man, UK or international mobile number in specific countries.

eQ online banking

For Institutional & Corporate Banking customers

Capable of managing balances on large numbers of accounts, eQ is self-service banking that's designed with you in mind.

eQ online banking is available to Institutional & Corporate Banking customers and is compatible with most popular browsers on Windows and Mac devices. eQ Mobile app is available to eQ online banking customers using a compatible Apple iPhone.

Need to get in touch?

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Your Relationship Manager

If you're an existing business customer please contact your Relationship Manager on their dedicated telephone number.

Alternatively, call into your local branch where we can put you in touch with your Relationship Manager.

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Other useful contact numbers

Visit our contact us section for useful contact numbers.