Danske Bank business banking review

Danske Bank provides business banking and investment accounts for large businesses, charities and community organisations.

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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 Interest is paid on maturity, and the funds can also only be withdrawn once the term is completed.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

Data indicated here is updated regularly
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