Interest rates correct at 11/08/14. Charges are correct as at 01/10/15

(1) A standing order is a way we can make regular transfers, on your instruction, of a fixed amount of money from your account to another account. A Direct Debit is where you permit someone else (recipient) to instruct us to transfer money from your account to that recipient. We then transfer money to the recipient on a date or dates agreed by you and the recipient. The amount may vary.

(2) You can take cash out of your account in pounds at a Link and Visa cash machine, bank or Post Office in the UK.

(3) You can take cash out of your account in pounds at any Cumberland cash machine.

(4) Unlike most banks, we won't charge you for making Cumberland Visa debit card payments in a foreign currency, or for cash withdrawal in foreign currency outside the UK (with most Cumberland current accounts). The provider of a cash machine or retailer may apply a charge.

(5) EAR – Effective Annual Rate.

We welcome new applications from existing customers who live within our branch operating area.

Some restrictions may apply to new accounts available to existing customers who live outside our branch operating area. Contact us for more information.

Our operating area is:

• Cumbria (all CA and LA postcodes)
• South-West Scotland (all DG postcodes and TD9)
• West Northumberland (NE45-49)
• North Lancashire (all PR, FY, LA AND BB1-3 and BB5-7)

The Fee Information Documents provide details of the fees for using the main services linked to our business current accounts (known as payment accounts).

We have designed the Current Account Switch Service to let you switch your current account from one bank or building society to another in a simple, reliable and stress-free way. It will only take seven working days.

As your new current-account provider we offer the following guarantee:

• The service is free to use and you can choose and agree your switch date with us.
• We will take care of moving all your payments going out (for example, your Direct Debits and standing orders) and those coming in (for example, your salary).
• If you have money in your old account, we will transfer it to your new account on your switch date.
• We will arrange for payments accidentally made to your old account to be automatically redirected to your new account. We will also contact the sender and give them your new account details.
• If there are any issues in making the switch, we will contact you before your switch date.
• If anything goes wrong with the switch, as soon as we are told, we will refund any interest (paid or lost) and charges made on either your old or new current accounts as a result of this failure.

You can read more about the Current Account Switch Service at www.currentaccountswitch.co.uk.

Our eSavings account is an exclusive online savings account available to business Internet Banking customers. The account offers instant access via internet and mobile banking and pays a higher rate of interest than our Instant Savings account.

Full account details.