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Business Current Account

Everyday banking for small to medium-sized businesses

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.

On this page
Business account overview
Account features
Switch your account to us
Managing your account
Things you should know
Tips to minimise charges
Free business resources
Apply for a Business Bank Account

Helping you spend more time on business

Whatever the size of your business, we can help you manage your day-to-day transactions smoothly and efficiently.

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

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 (opens in a new window)

Account features with business in mind

Features

24/7 online banking

Keep track of and manage your finances 24/7 with our online banking service.

Mobile banking app

Our mobile app lets you manage and keep track of your business and personal finances on the go.

Apply for an overdraft

An overdraft could help your business boost its cash flow when it matters, or help when an unexpected cost comes along.

Relationship Manager

A dedicated, locally based relationship management team will support you and your business. (Minimum borrowing requirement of £50,000 or more)

Charges

How much will it cost?

Details of the costs we charge you for the day-to-day running of your account.

Switch your account to us

The Current Account Switch Service makes switching from one bank or building society to another simple and stress-free. You can choose a switch date to suit you, just make sure you allow a minimum of 7 working days.

Learn about the switch service

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.

Managing your account

Eligibility criteria and conditions apply.

Online banking

Track your cash flow any time of day, or night

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

More about online banking

Relationship Manager

Dedicated support to nurture your business

To be eligible for the Relationship Management service you must be resident in the Isle of Man. Your business must also be registered in the Isle of Man and your business borrowing with us must be a minimum of £50,000 or more.

Relationship Manager service

Mobile app

Discover the freedom of banking on-the-go

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.

More about our mobile app

Things you need to know before you apply...

Our business account documents

Ready to apply?

Thanks for choosing a business current account with Isle of Man Bank. 

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

Important information

To use the interactive payment request form, please use your desktop / laptop to download the file directly to your local drive and open the file using Adobe Reader. The interactive payment request form is not supported on mobile devices or tablets.

What kind of company are you?

Please make sure you're eligible to apply for a business current account

For a Sole Trader registered in the Isle of Man

  • You're aged 18 or over
  • You're the owner or a director of the business you’re applying on behalf of
  • Your registered business address must also be in Isle of Man or you should be registered for tax purposes in Isle of Man

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 before you continue with your application.

Looks like you are ready to begin

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.

Download an application form
Our guide to opening a business current account (PDF)

What if I can't access the application form?

Here's how you can apply on a mobile device or using a desktop/laptop if you don't want to download the Adobe Reader software. Using one of the standard forms below, instead of the above smart form above, may lead to a delay in processing your application.

  1. Download and save the relevant application form below
  2. Complete the form with care, typing the required information into each field
  3. Save the form and then email it to our Business Banking Team at businessbankingapplications@iombank.com.
Sole Trader application form (PDF)

Please make sure you're eligible to apply for a business current account

For a Partnership registered in the Isle of Man

  • You're aged 18 or over
  • You're the owner or a director of the business you’re applying on behalf of
  • Your registered business address must also be in Isle of Man or you should be registered for tax purposes in Isle of Man

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 before you continue with your application.

Looks like you are ready to begin

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.

Download an application form
Our guide to opening a business current account (PDF)

What if I can't access the application form?

Here's how you can apply on a mobile device or using a desktop/laptop if you don't want to download the Adobe Reader software. Using one of the standard forms below, instead of the above smart form above, may lead to a delay in processing your application.

  1. Download and save the relevant application form below
  2. Complete the form with care, typing the required information into each field
  3. Save the form and then email it to our Business Banking Team at businessbankingapplications@iombank.com.
Partnership application form (PDF)

Please make sure you're eligible to apply for a business current account

For a Limited company or LLP registered in the Isle of Man

  • You're aged 18 or over
  • You're the owner or a director of the business you’re applying on behalf of
  • Your registered business address must also be in Isle of Man or you should be registered for tax purposes in Isle of Man

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 before you continue with your application.

Looks like you are ready to begin

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.

Download an application form
Our guide to opening a business current account (PDF)

What if I can't access the application form?

Here's how you can apply on a mobile device or using a desktop/laptop if you don't want to download the Adobe Reader software. Using one of the standard forms below, instead of the above smart form above, may lead to a delay in processing your application.

  1. Download and save the relevant application form below
  2. Complete the form with care, typing the required information into each field
  3. Save the form and then email it to our Business Banking Team at businessbankingapplications@iombank.com.
Limited Company or LLP application form (PDF)

Please make sure you're eligible to apply for a business current account

For a not for profit organisation registered in the Isle of Man

  • You're aged 18 or over
  • You're the owner or a director of the business you’re applying on behalf of
  • Your registered business address must also be in Isle of Man or you should be registered for tax purposes in Isle of Man

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 before you continue with your application.

Looks like you are ready to begin

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.

Download an application form

What if I can't access the application form?

Here's how you can apply on a mobile device or using a desktop/laptop if you don't want to download the Adobe Reader software. Using one of the standard forms below, instead of the above smart form above, may lead to a delay in processing your application.

  1. Download and save the relevant application form below
  2. Complete the form with care, typing the required information into each field
  3. Save the form and then email it to our Business Banking Team at businessbankingapplications@iombank.com.
Not for Profit application form (PDF)

Important information

To use the interactive payment request form, please use your desktop / laptop to download the file directly to your local drive and open the file using Adobe Reader. The interactive payment request form is not supported on mobile devices or tablets.

What kind of company are you?

Please make sure you're eligible to apply for a business current account

For a Sole Trader registered in the Isle of Man

  • You're aged 18 or over
  • You're the owner or a director of the business you’re applying on behalf of
  • Your registered business address must also be in Isle of Man or you should be registered for tax purposes in Isle of Man

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 before you continue with your application.

Looks like you are ready to begin

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.

Download an application form
Our guide to opening a business current account (PDF)

What if I can't access the application form?

Here's how you can apply on a mobile device or using a desktop/laptop if you don't want to download the Adobe Reader software. Using one of the standard forms below, instead of the above smart form above, may lead to a delay in processing your application.

  1. Download and save the relevant application form below
  2. Complete the form with care, typing the required information into each field
  3. Save the form and then email it to our Business Banking Team at businessbankingapplications@iombank.com.
Sole Trader application form (PDF)

Please make sure you're eligible to apply for a business current account

For a Partnership registered in the Isle of Man

  • You're aged 18 or over
  • You're the owner or a director of the business you’re applying on behalf of
  • Your registered business address must also be in Isle of Man or you should be registered for tax purposes in Isle of Man

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 before you continue with your application.

Looks like you are ready to begin

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.

Download an application form
Our guide to opening a business current account (PDF)

What if I can't access the application form?

Here's how you can apply on a mobile device or using a desktop/laptop if you don't want to download the Adobe Reader software. Using one of the standard forms below, instead of the above smart form above, may lead to a delay in processing your application.

  1. Download and save the relevant application form below
  2. Complete the form with care, typing the required information into each field
  3. Save the form and then email it to our Business Banking Team at businessbankingapplications@iombank.com.
Partnership application form (PDF)

Please make sure you're eligible to apply for a business current account

For a Limited company or LLP registered in the Isle of Man

  • You're aged 18 or over
  • You're the owner or a director of the business you’re applying on behalf of
  • Your registered business address must also be in Isle of Man or you should be registered for tax purposes in Isle of Man

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 before you continue with your application.

Looks like you are ready to begin

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.

Download an application form
Our guide to opening a business current account (PDF)

What if I can't access the application form?

Here's how you can apply on a mobile device or using a desktop/laptop if you don't want to download the Adobe Reader software. Using one of the standard forms below, instead of the above smart form above, may lead to a delay in processing your application.

  1. Download and save the relevant application form below
  2. Complete the form with care, typing the required information into each field
  3. Save the form and then email it to our Business Banking Team at businessbankingapplications@iombank.com.
Limited Company or LLP application form (PDF)

Please make sure you're eligible to apply for a business current account

For a not for profit organisation registered in the Isle of Man

  • You're aged 18 or over
  • You're the owner or a director of the business you’re applying on behalf of
  • Your registered business address must also be in Isle of Man or you should be registered for tax purposes in Isle of Man

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 before you continue with your application.

Looks like you are ready to begin

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.

Download an application form

What if I can't access the application form?

Here's how you can apply on a mobile device or using a desktop/laptop if you don't want to download the Adobe Reader software. Using one of the standard forms below, instead of the above smart form above, may lead to a delay in processing your application.

  1. Download and save the relevant application form below
  2. Complete the form with care, typing the required information into each field
  3. Save the form and then email it to our Business Banking Team at businessbankingapplications@iombank.com.
Not for Profit application form (PDF)

Looking for more?

Tips to minimise business account charges

Register for Online and Mobile banking

We've removed charges for payments made via our Online and Mobile banking services.
Getting started on our digital 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.

Free resources for your business

Starting your business

From choosing your best idea, who to seek advice from, how to get funding and whether business is for you; our handy guide is a good place to start.

Review our start up guide

Managing your finances

Our guide to business finance is complete with tips on financial targets, forecasting sales, reducing costs, managing cashflow and raising capital. Minus the jargon.

Read our Manage Finance guide

Marketing your business

Having a good overview of marketing can really help grow your business at pace. Our guide gives you the basics on what you do to market yourself.

Go to our marketing guide

Something else we can help you with today?