Yes, we are. The Current Account Switch Service (CASS) gives businesses a simple, reliable, and stress-free way to switch their bank account to Allica. The Current Account Switch Guarantee means all your direct debits and standing orders will be moved over to your new account automatically within seven days. Then, after the switch and for the next three years, any money sent to your old account will be redirected to your new one.
To use CASS, you will need to set up an Allica Bank Business Rewards Account then start your switch by clicking on ‘Manage account’ in online banking. You will need the following to start the process:
- Your old bank account details
- First name, last name and date of birth of your authorised signatories (account mandates/authorised individuals)
To switch your business account using CASS between participating banks or building societies, you must have fewer than 50 employees and an annual turnover not exceeding £6.5 million.
Your existing bank will need to be part of CASS to use the scheme. You can see which banks are part of the scheme here and find out more about CASS here.