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Switching to us

Move your bank account to Isle of Man Bank

Switch your bank account to us

The Current Account Switch Service makes switching from one UK, Channel Islands and Isle of Man bank or building society to another simple and stress-free.

The service is available to consumers, small businesses, charities and trusts and allows you to choose a switch date that suits you.

Current account switch process

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Days 1 & 2

Our Current Account Switch service team will speak to your old bank and ensure everything is ready for the switch to go ahead.
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Days 3 to 5

We open your new account and set up your payments. Your Direct Debits and standing orders will be moved across.
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Day 6

With everything secured in your new account, we’ll contact your old bank and start transferring your balance over.
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Day 7

On this final day your balance should be fully transferred over and your old account will be closed.

Important information

We recommend that you read these documents before contacting us to start the switch.

The benefits of switching

  • All your payments (in and out) will be moved to your new account.
  • Any remaining credit balance in your old account will be transferred to your new account and your old account will automatically close.
  • If any payments are made accidentally to your old account after your switch date, they’ll be automatically redirected or forwarded to your new account indefinitely.
  • The switch process will be managed entirely by your new bank or building society and will be backed by the Current Account Switch Guarantee.

Our bank accounts

To apply you must be 18+ and resident in the Isle of Man.

Select account

An account for your everyday banking needs
  • Manage your account any time using our mobile banking app and online banking services. Criteria apply.
  • Contactless debit card for making purchases and withdrawing cash
  • Available as a sole or joint account
  • No monthly fee

Gold account

A bank account with extra benefits

For £18 a month you benefit from;

  • Fee free overdraft, subject to status
  • Travel insurance for you & your family
  • 24/7 concierge service
  • Private Motor Excess Insurance & Car Rental Loss Damage Waiver Insurance

Common questions about switching your current account

Ready to switch?

Before you apply, we've outlined the eligibility requirements for our Select and Gold accounts below, along with our terms and conditions so you can decide which is the right account for you.

Eligibility requirements

To open a Select current account or Gold current account you must be:

  • aged 18+, and;
  • resident in the Isle of Man.

Please review our important information

Our important documents give all the detail on our Select account, Gold account and the switch service. We recommend that you read them before contacting us to start the switch.

How your information might be used

It's important for you to understand how we use and share your information. Please read this short summary for more information.

How to apply

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In branch

Find your nearest Isle of Man Bank branch and arrange an appointment to switch your current account to us.

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By telephone

Give us a call on 01624 637000 and we'll be happy to help you switch your account to us.

Lines are open Monday to Tuesday 9am - 5pm, Wednesday 10am - 5pm and Thursday to Friday 9am - 5pm (except public holidays). Calls may be recorded.