Submit search to view all

Find your expert

Find your expert

  1. Corporate
  2. Solutions
  3. Independent service quality survey results

Independent service quality survey results

Business current accounts

As part of a regulatory requirement, an independent survey was conducted to ask customers (approximately 1,200 in Great Britain and approximately 600 in Northern Ireland) of each of the largest business current account providers (15 in Great Britain and 5 in Northern Ireland) if they would recommend their provider to other small and medium-sized enterprises (SMEs). The results represent the view of customers who took part in the survey.

Great Britain Results
Northern Ireland Results

Great Britain

Business current accounts - published February 2024

As part of a regulatory requirement, an independent survey was conducted to ask approximately 1,200 customers of each of the 15 largest business current account providers if they would recommend their provider to other small and medium-sized enterprises (SMEs*). The results represent the view of customers who took part in the survey.

Overall service quality

We asked customers how likely they would be to recommend their business current account provider to other SMEs.

Overall service quality scores from customers in Great Britain who were asked how likely they'd be to recommend their business current account provider to other SME's. Rankings: 1 Monzo, 84%; 2 Starling Bank, 83%; =3 Tide, 74%; =3 Handelsbanken, 74%; 5 Metro Bank, 65%; 6 Santander, 60%

Online and mobile banking services

We asked customers how likely they would be to recommend their provider’s online and mobile banking services to other SMEs.

Online and mobile banking scores from customers in Great Britain who were asked how likely they'd be to recommend their provider's online and mobile banking services to other SME's. Rankings: 1 Monzo, 88%; 2 Starling Bank, 86%; 3 Tide, 77%; 4 Natwest, 69%; 5 Lloyds Bank, 68%; 10 Santander, 61%

SME overdraft and loan services

We asked customers how likely they would be to recommend their provider’s SME overdraft and loan services to other SMEs.

SME overdraft and loan service scores from customers in Great Britain who were asked how likely they'd be to recommend their provider's SME overdraft and loan services to other SME's. Rankings: 1. Handelsbanken, 65%; 2 Lloyds Bank, 60%; 3 Natwest, 55%; =4 HSBC, 52%; =4 Santander, 52%

Relationship/account management

We asked customers how likely they would be to recommend their provider’s relationship/account management to other SMEs.

Relationship and account management scores from customers in Great Britain who were asked how likely they'd be to recommend their provider's relationship and account management to other SME's. Rankings: 1 Handelsbanken, 82%; 2 Monzo, 78%; 3 Starling bank, 71%; 4 Tide, 66%; 5 Metro Bank, 65%; 8 Santander, 53%

Service in branches and business centres

We asked customers how likely they would be to recommend their provider’s branch and business centre services to other SMEs.

Service in branches and business centres scores from customers in Great Britain who were asked how likely they'd be to recommend their provider's branch and business centre services to other SME's. Rankings: 1 Metro Bank, 71%; 2 Handelsbanken, 65%; 3 Lloyds Bank, 56%; 4 Bank of Scotland, 52%; 5 Natwest, 51%; 6 Santander, 50%

These results are from an independent survey carried out between January 2023 and December 2023 by BVA BDRC as part of a regulatory requirement.

 

Santander has published this information at the request of the Competition and Markets Authority so you can compare the quality of service from business current account providers. In providing this information, we are not giving you any advice or making any recommendation to you and we can only give you information about our own products and services.

SME customers with business current accounts were asked how likely they would be to recommend their provider, their provider’s online and mobile banking services, services in branches and business centres, SME overdraft and loan services and relationship/account management services to other SMEs.

The results show the proportion of customers of each provider, among those who took part in the survey, who said they were 'extremely likely' or 'very likely' to recommend each service.

Participating providers: Bank of Scotland, Barclays, Handelsbanken, HSBC UK, Lloyds Bank, Metro Bank, Monzo, NatWest, Royal Bank of Scotland, Santander, Starling Bank, The Co-operative Bank, Tide, TSB, Virgin Money.

Approximately 1,200 customers a year are surveyed across Great Britain for each provider; results are only published where at least 100 customers have provided an eligible score for that service in the survey period.

18,000 people were surveyed in total.

Results are updated every six months, in August and February.

*SMEs include businesses, clubs, charities and societies with an annual turnover/income of up to £25m (exclusive of VAT and other turnover-related taxes).

To find out more visit: BVA-BDRC.com/business-banking-service-quality

Northern Ireland

Business current accounts - published February 2024

As part of a regulatory requirement, an independent survey was conducted to ask approximately 600 customers of each of the 5 largest business current account providers if they would recommend their provider to other small and medium-sized enterprises (SMEs*). The results represent the view of customers who took part in the survey.

Overall service quality

We asked customers how likely they would be to recommend their business current account provider to other SMEs.

Overall service quality scores from customers in Northern Ireland who were asked how likely they'd be to recommend their business current account provider to other SME's. Rankings: 1 Santander, 61%; 2 Danske Bank, 55%; 3 Ulster Bank, 47%; 4 AIB, 38%; 5 Bank of Ireland, 37%

Online and mobile banking services

We asked customers how likely they would be to recommend their provider’s online and mobile banking services to other SMEs.

Online and mobile banking scores from customers in Northern Ireland who were asked how likely they'd be to recommend their provider's online and mobile banking services to other SME's. Rankings: 1 Santander, 70%; 2 Danske Bank, 68%; 3 Ulster Bank, 63%; =4 AIB, 44%; =4 Bank of Ireland, 44%

SME overdraft and loan services

We asked customers how likely they would be to recommend their provider’s SME overdraft and loan services to other SMEs.

SME overdraft and loan service scores from customers in Northern Ireland who were asked how likely they'd be to recommend their provider's SME overdraft and loan services to other SME's. Rankings: 1 Santander, 60%; 2 Danske Bank, 58%; 3 Ulster Bank, 51%; 4 Bank of Ireland, 45%; 5 AIB, 35%

Relationship/account management

We asked customers how likely they would be to recommend their provider’s relationship/account management to other SMEs.

Relationship and account management scores from customers in Northern Ireland who were asked how likely they'd be to recommend their provider's relationship and account management to other SME's. Rankings: 1 Danske Bank, 65%; 2 Santander, 60%; 3 Ulster Bank, 52%; 4 Bank of Ireland, 40%; 5 AIB, 35%

Service in branches and business centres

We asked customers how likely they would be to recommend their provider’s branch and business centre services to other SMEs.

Service in branches and business centres scores from customers in Northern Ireland who were asked how likely they'd be to recommend their provider's branch and business centre services to other SME's. Rankings: 1 Danske Bank, 58%; 2 Santander, 57%; 3 Ulster Bank, 50%; 4 Bank of Ireland, 40%; 5 AIB, 37%

These results are from an independent survey carried out between January 2023 and December 2023 by BVA BDRC as part of a regulatory requirement.

Santander has published this information at the request of the Competition and Markets Authority so you can compare the quality of service from business current account providers. In providing this information, we are not giving you any advice or making any recommendation to you and we can only give you information about our own products and services.

SME customers with business current accounts were asked how likely they would be to recommend their provider, their provider’s online and mobile banking services, services in branches and business centres, SME overdraft and loan services and relationship/account management services to other SMEs.

The results show the proportion of customers of each provider, among these who took part in the survey, who said they were ‘extremely likely’ or ‘very likely’ to recommend each service.

Participating providers: AIB, Bank of Ireland UK, Danske Bank, Santander, Ulster Bank.

Approximately 600 customers a year are surveyed across Northern Ireland and the Republic of Ireland for each provider; results are only published where at least 100 customers have provided an eligible score for that service in the survey period.

3,000 people were surveyed in total.

Results are updated every six months, in August and February.

*SMEs include businesses, clubs, charities and societies with an annual turnover/income of up to £25m (exclusive of VAT and other turnover-related taxes).

To find out more visit: BVA-BDRC.com/business-banking-service-quality