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A multi currency account designed for you

Cash Management account

To apply you must be aged 18 or over, be resident in the Isle of Man and be the owner or director of the business you’re applying on behalf of. Your registered business address must be in the Isle of Man, and/or the business must be registered for tax purposes in the Isle of Man. 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.

Why choose a Cash Management account?

Our multi-currency Cash Management account helps to optimise the liquidity and return on funds and is supported by our electronic banking service, eQ.

A Cash Management account can be operated in a number of different ways:

  • As an interest bearing account
  • To manage an interest bearing, fixed deposit account with various terms
  • To manage a loan, providing either single repayment fixed term advances or amortisation business term loan facilities

What is the interest rate?

Common Questions

Eligibility criteria

To apply for a cash management account with Isle of Man Bank you must be:

  • aged 18 or over
  • resident in the Isle of Man
  • the owner or director of the business you’re applying on behalf of

and the business:

  • registered address must be in the Isle of Man
  • 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.

Let's get started

To help you apply for a cash management account, we'll need to ask a few questions.

Before you continue...

We can open a cash management account for the following types of business:

  • Sole trader
  • Partnership
  • Limited Company
  • Limited Liability Partnership
  • Not for Profit Company

If your business type is not listed, please call your local Business Banking support team to discuss your requirements.

Let's get started, are you an...
Is the account for an existing business that already banks with us or a new legal entity?

You can complete your application online

This is the fastest way to complete your application.

We may use Mitek, our online identification and security partner, to check your identity. To see which documents are accepted for proof of identity and address you can visit our Mitek page.

Once we receive all your information, we'll review the application and will be in touch.

By starting your application, you consent to the following:

  • Identity verification using our security partner Mitek.

If you'd like to apply over the phone instead, please call 01624 697741:

Using Relay UK? Call 18001 01624 697741.

Lines are open ‍Monday ‍to ‍Friday, ‍9am-5pm. Calls may be recorded.

Call us...

Please give your local support team a call to discuss how we can help your business on 01624 697741 (Relay UK: 18001 01624 697741)

Lines are open ‍Monday ‍to ‍Friday, ‍9am-5pm. Calls from Gibraltar are chargeable at UK calling rate. Calls may be recorded.

Call us...

Please give your local support team a call to discuss how we can help your business on 01624 697741 (Relay UK: 18001 01624 697741)

Lines are open ‍Monday ‍to ‍Friday, ‍9am-5pm. Calls from Gibraltar are chargeable at UK calling rate. Calls may be recorded.