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.
Everyday banking for your business
To apply you must be an existing Isle of Man Bank business customer opening an additional account for a business entity that already banks with us. The business must have a single layer of ownership with no nominee shareholding structures. All owners, directors or shareholders must be resident in the Channel Islands, Isle of Man or Gibraltar. Cash takings must not exceed 20% of the annual turnover.
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 *
* Security may be required. Product fees may apply. Over 18s only. Subject to status, business use only.
App available to customers aged 11+ with compatible iOS and Android devices and an Isle of Man, UK or international mobile number in specific countries.
Online banking available to customers aged 11+ with an Isle of Man Bank account.
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.
This service is only available to switch current account products. Any other products you have with your old bank will not be moved at the same time.
How to apply
Changes to our account opening process
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.
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