Partner Content
Reliance Bank was founded as the bank for The Salvation Army in 1890
The Salvation Army remains the shareholder today, making Reliance Bank the only UK bank to be owned by an international charity and Christian church. We conducted research with churches and using our findings, we launched the Faith Current Account that offers the following features:
| Account Name | Faith Current Account |
|---|---|
|
Description |
Our Faith Current Account is ideal if you have a congregation of people who regularly gather for worship or prayer in a physical location such as a Church. |
|
Current Account Switch Service |
Yes |
|
Physical branch |
Over the counter cash deposits via any NatWest, RBS, and HSBC branch and The Post Office. |
|
Account Fee |
No monthly account fee for the first 12 months from the date account is opened. After the first 12 months, a £7.50 monthly fee applies. |
|
Card facilities |
Yes Visa Debit Card |
|
Online banking and Dual authorisation option |
Yes |
|
Interest paid |
No |
|
UK Customer Service Team |
Yes |
|
Easy signatory changes |
Yes |
|
Dedicated Relationship Managers to help with account changes |
Yes |
|
Cash withdrawals from any ATM |
Yes |
|
Eligibility Criteria |
Charities including Charitable Incorporated Organisations (CIOs) must be registered with the Charity Commission and hold active status; dormant or unregistered charities are not eligible. The charity must have a regular congregation and operate from a physical place of worship such as a church. All trustees, directors and signatories must be 18 or over and UK tax residents, with directors active (not disqualified) per Companies House or the Charity Commission. Enhanced due diligence will be conducted prior to account opening, and additional information may be requested. |
Find out more:
Alternatively, email us at businessaccounts@reliancebankltd.com
Quote ref: Premier Christianity
Products are subject to status and eligibility. Terms and conditions apply. Interest rates can be withdrawn at any time.
We are covered by the Financial Services Compensation Scheme (FSCS). Reliance Bank Limited is authorised by the Prudential Regulation Authority and regulated by the Prudential Regulation Authority and the Financial Conduct Authority.
