Danske Bank business banking review
Danske Bank provides business banking and investment accounts for large businesses, charities and community organisations.
What is Danske Bank business banking?
Danske Bank provides business banking options for companies of all sizes, as well as specialised accounts for charities and community organisations. It offers business current accounts, savings accounts, business credit and debit cards, forex and business finance.
As well as its online banking platform District, Danske Bank also has business centres to handle small and medium-sized businesses, and a corporate team dedicated to large businesses.
How does Danske Bank business banking work?
Danske Bank District
District is Danske Bank’s online business banking platform that lets business customers access and manage their business accounts, including viewing transactions and making payments and transfers. You can also use District to transfer your invoices and files into your accounting software program and contact the bank directly.
Danske Bank business banking features
- Free Mastercard debit card
- Cash management tools
- Deposit accounts
- Dedicated advisers
- Overdraft option
- Online, mobile and phone banking
- Business credit card options
Danske Bank business banking fees
Danske Large Business account
- District access fee: £10 per month
- Online payment fees: £0.40/£0.70 per transaction
- Monthly account fee: £6
- Automated transaction fee: £0.40
You may also need to pay fees for branch service and Post Office service, as well as lodgement and withdrawal fees.
Danske Bank savings accounts
Danske business investment account
This is an instant access savings account that lets you earn interest on your surplus cash while retaining access to it whenever you need it. Interest is calculated daily and applied on a quarterly basis, and you can access the funds in the account at any time using online banking. The account has a minimum balance of £1, with no maximum balance limits.
Danske fixed term deposit account
The Danske fixed term savings account lets you invest from £5,000 for a variety of fixed terms, provided you also maintain a Danske business current account or investment account. Interest is paid on maturity, and the funds can also only be withdrawn once the term is completed.
You can get a fixed term deposit for a period of one week up to a maximum of five years.
Danske Bank business banking contact details
General inquiries: 0345 8509 515
District customer support: 02890 311377
Small businesses: 0345 266 6555
Business investment account: 0345 850 9515
Compare Danske Bank against its competitors
Read more on this topic
Business savings accounts Is your UK business looking for a savings account? We explore the benefits of opening one and what you should consider before you do.
Best business bank accounts for 2020 Want to avoid fees or integrate with your bookkeeping software? Here's our pick of the top business current accounts.
Opening a business bank account in the UK Whether you're a UK resident or live abroad, our guide takes a look at how you can go about opening a business account here.
Free business bank accounts Looking for a free business bank account in the UK? We discuss what’s on offer and whether this could be the right option for you.
Business bank accounts for startups Started up your own business and want to know more about opening a bank account? We take a look at what's involved.
Business bank accounts for limited companies Is your UK business a limited company? We take a look at why you might need a business bank account and how you can go about opening one.
Opening a business account with a bad credit score and no credit check If you have a less than perfect credit history, it's still possible to get a business bank account – check out our guide to find out how.
Allied Irish Bank business account review British businesses can open a current account with Allied Irish Bank - we take a look at what this business account offers.
NatWest business banking review NatWest offers a range of business banking options including current accounts, savings accounts and business insurance, as well as specialised accounts for startups and charities.
The Co-operative Bank business banking review The Co-operative Bank offers five business accounts options for a range of circumstances.
Ask an Expert