An upgrade only as part of
the SOLUTION ONE merchant account package
Account is an alternative to your traditional business banking,
designed to help your business manage its funds and to make
low cost bank payments.
To take greater
control of your business' cash flow, you can upgrade
your merchant service to include the Business Account,
enabling your business to accept and make low cost
Via HSBC, we
provide your business with your very own sort code
and account number, enabling you to receive bank payments
directly into your account. When upgraded into your
consolidated service the Business Account offers your
business faster remittance of the funds from card
payments and full control of all the money coming
in and going out.
To help you
manage and gain instant access to your funds, the
Business Account includes a Prepaid Card,
enabling you to load funds onto a prepaid card and
for your staff members to make payments globally via
the Visa network.
* To upgrade
you must have 6 months online processing history with
us and provide a detailed list of how you wish to use
the Business Account.
If you are a new customer and are wishing
to process card payments as well as a
reasonable volume of bank transfers we may allow an instant
are the benefits?
receive bank payments at substantially lower costs
than traditional High Street banks
Simple upgrade process enabling your remittance
account to become a Business Account in just 10
Available in 13 currencies including: GBP,
USD and EUR all at no extra setup cost
Consolidated payments providing your business
with the option to accept payments at no additional
A comprehensive user-friendly Account Management
System enabling your business to manage its money
Free, daily and fast remittance
of the funds from card payments to your Business
Card allowing staff to make payments anywhere
on the global Visa & MasterCard networks.
and receiving payments
You can securely transfer funds from your Business
Account to any Bank Account at substantially lower
costs than traditional High Street banks.
Our online Account Management
System provides your business with functionality
to make one-off payments, bulk payments when you need
to pay multiple beneficiaries or set up standing orders
to pay the same recipient on a set schedule. We also
enable you to request an instant payment via a bank
transfer or credit/debit card.
Faster Payments: A
transfer of funds under £100,000 into
or out of your Business Account to another UK
Bank Account. Faster payments can take up to
2 hours for funds to be shown in the account.
CHAPS: A transfer of funds
into or out of your Business Account to another
UK Bank Account. CHAPS payments must be received
before 2:00pm (Monday-Friday) for the funds
to be shown in the account on the same day.
For payments we receive after 2:00pm, any payment
made over the weekend or on a bank holiday,
then the funds will be available on the next
business day. (GBP only)
SEPA: A EURO transfer into
or out of your Business Account to another Bank
Account which accepts SEPA.
International Priority Payments:
A transfer into or out your Business Account
to another Bank Account not in the UK or Eurozone
or that does not offer SEPA using the SWIFT
Now with ClearBooks
ClearBooks is web based accounting software for small
businesses, sole traders and accountants who want
to run in the cloud. We have integrated their accounting
software into our Business Account to make the processing
of unpaid bills faster and more efficient.
When paying bills, small businesses
can waste an inordinate amount of their staff time
transferring data between accounting software and
online banking. After a simple set up you can now
import ClearBooks Invoices directly into your Business
In addition when a ClearBooks
Invoice has been successfully paid the status of the
invoice will be automatically adjusted in the ClearBooks
Accounting software and the value of the payment will