Business Current Account Product Summary

Product Summary

Withdrawal arrangement

  • No notice period required for withdrawals below £2000
  • For withdrawals above £2000, one day advance notice is required at the concerned branch
  • No restrictions on the number of withdrawals

Standing charges


Refer to the Business Banking Rates and Charges Schedule

Minimum balance

No minimum balance requirement for this account


Branch, Internet Banking

Other charges

As per the Business Banking Rates and Charges Schedule


Key questions


1 Who regulates us?


ICICI Bank UK PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority (Registration Number: 223268).


2 What should you do if you have a complaint?


If you want to make a complaint, please contact us at:


Customer Relations,


2nd Floor, One Thomas More Square,

London – E1W 1YN


Email us at


We will then arrange for a member of the complaints team to investigate and respond to you immediately.


3 Are we covered by the Financial Services Compensation Scheme (FSCS)?


ICICI Bank UK PLC is covered by the Financial Services Compensation Scheme (FSCS). The FSCS can pay compensation to depositors if a Bank is unable to meet its financial obligations. Most depositors – including most individuals and businesses – are covered by the scheme.


In respect of deposits, from 30 January 2017, an eligible depositor is entitled to claim up to £85,000. For joint accounts each account holder is treated as having a claim in respect of their share so, for a joint account held by two eligible depositors, the maximum amount that could be claimed would be £85,000 each (making a total of £170,000). The £85,000 limit relates to the combined amount in all the eligible depositor’s accounts with us including their share of any joint account, and not to each separate account.


For further information about the compensation provided by the FSCS (including the amounts covered and eligibility to claim) please ask at your local branch, refer to the FSCS website or call the FSCS on 0800 678 1100 or 020 7741 4100. Please note only compensation related queries should be directed to the FSCS.