Programme News

One less Competitor can’t hurt…

Hi Everyone,

I hope you are well and had an enjoyable Bank holiday weekend!

Just a quick note, to let you know that the Royal Bank of Scotland has terminated its ‘Free Business Banking’ deal for its existing customer base. Please have a look HERE for further details.

Subsequently, a large amount of RBS’s business banking consumers will begin to investigate switching to other free business banking options. This provides Alliance & Leicester Commercial Bank affiliates with an ideal opportunity to further promote, the Free Business Current Account.

Please see below for some product details and promotional copy suggestions:

· Product Details

- FREE cash deposits up to £4,000 each month. After that, Alliance & Leicester Commercial Bank charge the lowest rate in the market of just 35p per £100.
- FREE and UNLIMITED day-to-day banking for cheques deposited and issued, standing orders, Direct Debits, automated transactions and cash withdrawals.
- 5.73% AER* (variable) credit interest. The first £1,000 of your current account balance will now earn a market-leading gross rate that’s guaranteed to track the Bank of England base rate at base + 0.60% for the first twelve months. Balances over £1,000 will attract 0.10% AER (fixed).

· Promotional Copy.

- UK businesses pay £502 million in unnecessary business banking charges. Don’t be one of them. Switch to the Free Business Current Account from Alliance & Leicester Commercial Bank.

- For an unprecedented sixth consecutive year Business Moneyfacts, the business finance bible, has awarded Alliance & Leicester Commercial Bank the “Best Business Current Account Provider”, thanks to the outstanding value of our Free Business Current Account. Click here to find out why.

If you have any further enquiries, please don’t hesitate to contact me or Kate and we will try to help in any way possible! You can also use the contact box on the side of the site. Please feel free to apply for the programme byclicking on the Sign Up button on the right hand side of the page.