Business and Commercial Account(s) Opening Form

Please use black or blue ink and write clearly in the spaces provided in BLOCK CAPITAL letters. Mark relevant boxes with a clear cross.

1. TELL US ABOUT YOUR BUSINESS

Business/Association Name (if Sole Trader, your name here)

Limited Company (Private, Public Sole Trader Partnership Limited Liability Partnership
& Limited by Guarantee) (inc. Limited Partnership)

Club, Society or other Unincorporated Registered Charity Unregistered Charity

Association

Other (please state)

Company Number (if applicable) Registered Charity Number (if applicable)

Nature of Business

Detailed Description of Activities

Primary Contact
Title Forename(s) Surname

Position Held Contact Number

Email Address

pg 1

Metro Bank PLC is registered in England and Wales, company number: 6419578. Registered office: One Southampton Row, London, WC1B 5HA. We are authorised by the Prudential Regulation
Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. ‘Metrobank’ is the registered trade mark of Metro Bank PLC. 1255 AF S4163 (01/17)
Business and Commercial Account(s) Opening Form (continued)

1. TELL US ABOUT YOUR BUSINESS (continued)

1A Business Names and Addresses

Trading Name (if applicable)

Previous Business Name (if applicable)

Registered Address Correspondence Address (if different)

Postcode Postcode

Trading Address

Postcode

1B Just a bit more .... please complete all sections

Date of Incorporation/Formation Number of Employees

Country of Trading

Projected Annual Balance

<£2m £2m - £3.26m £3.26m-£10m £10m-£45m >£45m
Sheet Total

Projected Annual Turnover/Income through Metro Bank Account Website

£
If your business is a registered charity, a UK registered pension scheme or a sole trader you are not required to complete the next two questions

1. Is more than 50% of your income from investments/dividends/interest/royalties? Yes No Don’t Know

2. Is more than 50% of Company assets held for the purpose of generating this income? Yes No Don’t Know

pg 2

Metro Bank PLC is registered in England and Wales, company number: 6419578. Registered office: One Southampton Row, London, WC1B 5HA. We are authorised by the Prudential Regulation
Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. ‘Metrobank’ is the registered trade mark of Metro Bank PLC. 1255 AF S4163 (01/17)
Business and Commercial Account(s) Opening Form (continued)

1. TELL US ABOUT YOUR BUSINESS (continued)

Purpose of the Account (What will the account be used for)

Are you regulated by a Professional Body? Yes (If YES, please provide details below) No

Professional Body name: Registration Number:

How long has the Business actively been trading?

If operating for less than 12 months, please complete all questions in this section
What is your previous experience in this industry?

If no experience, why did you choose this industry?

Amount of Funds invested in your new Business? £

Source of the funds being deposited into the account Cheque Cash Electronic Transfer

Other please state here

Where will this money come Personal Savings Funds from Investor Funds from Employment Loan
from (Source of Wealth):
Other please state here

Transactions
Provide details of frequency and volume of average incoming transactions either per month, per quarter or annually

Frequency expected Monthly Quarterly Annually

Volumes Cash Turnover

Volume
£ to increase in
next 12 months
%
Turnover
in Cash % to increase in
next 12 months
%
Plans to grow business in next 12 months (e.g. build additional distribution capacity throughout London)

pg 3

Metro Bank PLC is registered in England and Wales, company number: 6419578. Registered office: One Southampton Row, London, WC1B 5HA. We are authorised by the Prudential Regulation
Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. ‘Metrobank’ is the registered trade mark of Metro Bank PLC. 1255 AF S4163 (01/17)
Business and Commercial Account(s) Opening Form (continued)

1. TELL US ABOUT YOUR BUSINESS (continued)

International Activity
Do you make or receive International Payments?

Yes – Please complete details below No – Please go to Section 2

Countries of Trade/Geographical Markets

Country of Trading When

Now In next 12 months

Now In next 12 months

Now In next 12 months

Now In next 12 months
Now In next 12 months

Overseas Payments

Frequency of Average transaction Expected payments

Country transactions Will you be trading with: Currency amount Inward Outward
Businesses Individuals
Businesses Individuals

Businesses Individuals
Businesses Individuals
Businesses Individuals

Key International Suppliers Overseas Offices/Outlets/Subsidiaries

Supplier Name Country Type How many Offices/Outlets Country

pg 4

Metro Bank PLC is registered in England and Wales, company number: 6419578. Registered office: One Southampton Row, London, WC1B 5HA. We are authorised by the Prudential Regulation
Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. ‘Metrobank’ is the registered trade mark of Metro Bank PLC. 1255 AF S4163 (01/17)
Business and Commercial Account(s) Opening Form (continued)

2. WHO OWNS YOUR BUSINESS AND WHO RUNS IT? (Sole Traders - go to Section 3)

Beneficial Owners and Company Officials

Parent Companies
A Parent Company is a company which holds more than 50% of the voting rights in your business

Do you have a Parent Company? Yes (Please provide us with a chart detailing the full group structure)

Beneficial Owner(s)
For a Limited Company (Private, Public & Limited by Guarantee); a Beneficial Owner is any individual/Business who/that:
• ultimately owns or controls (whether through direct or indirect ownership or control, including through bearer shareholdings) 25% or more of the shares or
25% or more of the voting rights in your business; or
• otherwise exercises control over the management of your business
For a Partnership (inc. Limited Partnership), Limited Liability Partnership, Club, Society, Charity or other Unincorporated Association; a Beneficial
Owner is any individual who:
• is ultimately entitled to or who controls (whether directly or indirectly) 25% or more of the capital or profits of the business or 25% or more of the voting
rights in your business: or
• otherwise exercises control over the management of your business
In all instances, a Beneficial Owner must be identified using the Business Individual Identification & Verification Form (regardless of whether or not they will be
an account operator).

Company/Organisation Official(s)
For a Limited Company (Private, Public & Limited by Guarantee), Limited Liability Partnership; please provide details of all Company Officials
(Directors/Designated Members/Company Secretaries). Two of these Company Officials (if two or more exist) are required to be identified using the Business
Individual Identification & Verification Form (whether they will be an account operator or not) and are required to sign the Declaration page of this Business
Account(s) Opening Form.
*Please note that if one of the Company Officials is a Company Secretary who plays no active role in the Company, there is no requirement for them to be
identified and verified and they are not required to sign the Declaration page of this Business Account(s) Opening Form.

For a Club, Society, or other Unincorporated Association; please provide details of two Officials (Chairperson/Treasurer/Trustees/Office Bearers) if two or
more are appointed. If only one Official is appointed to the Organisation, please provide details for the sole Official only.
This/these Official(s) is/are required to be identified using the Business Individual Identification & Verification Form and is/are required to sign
the Declaration page of this Business Account(s) Opening Form.
Please use this table to provide details of Beneficial Owners and Company Officials only (as detailed above)

% Shareholding Is this
Name of Individual/Organisation (if Beneficial Position in Business individual a UK
Owner) Resident?

Yes
No

Yes
No

Yes
No

Yes
No

Yes
No

Yes
No

pg 5

Metro Bank PLC is registered in England and Wales, company number: 6419578. Registered office: One Southampton Row, London, WC1B 5HA. We are authorised by the Prudential Regulation
Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. ‘Metrobank’ is the registered trade mark of Metro Bank PLC. 1255 AF S4163 (01/17)
Business and Commercial Account(s) Opening Form (continued)

3. HOW MAY WE HELP?

Please select the account type(s) you would like to open

Business Current Account(s)

Business Bank Account (Business operating with Annual Turnover <£2m.)

Commercial (Business operating with (a) a turnover and/or balance sheet total >£2 million; or (b) complex needs and requirements which make this
account suitable.)
Community (Applicable only to Clubs, Societies, Registered/unregistered Charities and other Unincorporated Associations)
Paperless
Statements Paying in Book Cheque Book

Account Name

Account Name

Account Name

Account Name

Business Savings Accounts

If you wish to open a Savings Account, the information in this form regarding term, interest rates and interest payment arrangements shall be Additional Provisions.

Business Instant Access Deposit Account(s) Yes

Paperless Statements

Account Name

Account Name

Account Name

pg 6

Metro Bank PLC is registered in England and Wales, company number: 6419578. Registered office: One Southampton Row, London, WC1B 5HA. We are authorised by the Prudential Regulation
Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. ‘Metrobank’ is the registered trade mark of Metro Bank PLC. 1255 AF S4163 (01/17)
Business and Commercial Account(s) Opening Form (continued)

3. HOW MAY WE HELP? (continued)

Business Money Market Account Yes

Please note the minimum deposit is £50,000 and you can only make one payment into this account.

Amount of deposit
£
Term Overnight 1WK 2WK 1M 2M 3M 6M 9M 12M

Other

Interest Rate %
Interest to be paid Daily Weekly Monthly Quarterly Annually On maturity

Please credit my interest to another Metro Bank Account Current Account Instant Access Account

Business Fixed Term Deposit Yes

Please note the minimum deposit is £5,000 and you can only make one payment into this account.

Amount of deposit
£
Term 1M 3M 6M 12M 24M

If you are applying for a fixed term deposit of 12 months or less, interest will be paid monthly. If you are applying for a fixed term deposit of 24 months, would you
like interest paid:

Monthly Annually On maturity

Once you have made this choice and your account is open, you will not be able to change the basis on which we pay interest on the money in your account.

Please credit my interest to another Metro Bank Account Current Account Instant Access Account

Tracker Notice Account

35 Day Notice Account 100 Day Notice Account

Amount of deposit
£
Please note: All withdrawals are subject to the required number of days’ notice

I would like interest to be credited to Metro Bank Account Number:

I would like interest to be credited to the Notice Account

I would like interest to be credited to: Account Number

Sort Code

Interest Frequency

Monthly Half Yearly Annually

pg 7

Metro Bank PLC is registered in England and Wales, company number: 6419578. Registered office: One Southampton Row, London, WC1B 5HA. We are authorised by the Prudential Regulation
Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. ‘Metrobank’ is the registered trade mark of Metro Bank PLC. 1255 AF S4163 (01/17)
Business and Commercial Account(s) Opening Form (continued)

4. WOULD YOU LIKE ONE (OR MORE) OF OUR EXTRAS?

Merchant Services*
Yes No Do you have any lending requirements?* Yes No
(Do you need to take card payments?)

Safety Deposit Box* Yes No Do you want to switch from another bank? Yes No

Account sweeps* Yes No

* Please note that additional fees apply to these services – please refer to the Important Information Summary or your relationship manager for full details

Holding Client funds?

If you require a segregated Client Account, please speak to a member of our Metro Bank team for more information

pg 8

Metro Bank PLC is registered in England and Wales, company number: 6419578. Registered office: One Southampton Row, London, WC1B 5HA. We are authorised by the Prudential Regulation
Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. ‘Metrobank’ is the registered trade mark of Metro Bank PLC. 1255 AF S4163 (01/17)
Business and Commercial Account(s) Mandate
The Business Account Mandate should be completed when appointing new or removing existing Authorised Signatories and Nominated
Persons (Account Operators) for Business Customers.
Please use black or blue ink and write clearly in the spaces provided in BLOCK CAPITAL letters. Mark relevant boxes with a clear cross.

1. BUSINESS DETAILS
Name of Business/
Organisation

Metro Bank
Corporate
Customer Number (TO BE COMPLETED BY METRO BANK)

2. SCOPE OF MANDATE
Does this Mandate cover all accounts in the name of the Sole Trader/Limited Company (Private, Public & Limited by Guarantee)/Partnership (inc. Limited Partner-
ship)/Limited Liability Partnership/Club, Society, Charity and other Unincorporated Association held with Metro Bank now and in the future?

Yes No If YES, please go straight to section 3

If NO, please provide the relevant account number(s) of the account(s) that this Mandate will cover:

Account Number Account Number

Account Number Account Number

Please note: If this section is left blank, we will assume this Mandate covers all accounts held in the Business Customer name with Metro Bank now and in the future.

3. MANDATE
Please complete the following as appropriate
For Sole Traders; Sections 3 and 5 are only applicable if you wish to appoint an Authorised Signatory and/or Nominated Person to assist you
in the use and operation of the account(s).
For a Limited Company(Private, Public & Limited by Guarantee)/Partnership (inc. Limited Partnership)/Limited Liability Partnership/-
Club, Society, Charity and other Unincorporated Association; Sections 3 and 5 are mandatory.
Completion of this Mandate authorises Metro Bank to accept all instructions given, or acts performed, in accordance with the “Our Service
Relationship with Business Customers” brochure (Terms and Conditions) and/or this Mandate on behalf of the Business Customer by:

Any ONE of the Authorised Signatories* Any TWO of the Authorised Signatories

ALL of the Authorised Signatories Authorised Signatories in accordance with the specific instructions set out below:

*We may only:

• issue a debit card to an Authorised Signatory; and
• accept payment instructions via the telephone banking service, fax, email or the online service from an Authorised Signatory
who in either case, in accordance with the instructions set by the Business Customer in this Mandate, is able to consent to a payment without
needing an additional signature or authority from another Authorised Signatory.

pg 9

Metro Bank PLC is registered in England and Wales, company number: 6419578. Registered office: One Southampton Row, London, WC1B 5HA. We are authorised by the Prudential Regulation
Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. ‘Metrobank’ is the registered trade mark of Metro Bank PLC. 1255 AF S4163 (01/17)
Business and Commercial Account(s) Mandate (continued)

4a. AUTHORISED SIGNATORIES

Authorised Signatory
An Authorised Signatory is an Account Operator who can have full access on a Business Account in accordance with the instructions set out in this
Mandate.
Please specify below the Authorised Signatory(ies) who will operate your Business Account(s) by crossing the “Add individual” box.
If you wish to remove any Authorised Signatory(ies), please cross the “Remove individual” box and complete the details below.
Please refer to our Terms and Conditions for the definition of an Authorised Signatory.
Authorised Signatory 1
Please specify your instruction for this Account Operator: Scope of Permissions:

Add individual Remove individual Telephone Banking Yes No

Title Forename(s) Obtain account information Yes No

Make payments/transact Yes No

Surname
Appoint other Account Operators Yes No
Debit Card Required?* Yes No

Personal Customer Number

Authorised Signatory 2
Please specify your instruction for this Account Operator: Scope of Permissions:

Add individual Remove individual Telephone Banking Yes No

Title Forename(s) Obtain account information Yes No

Make payments/transact Yes No

Surname
Appoint other Account Operators Yes No
Debit Card Required?* Yes No

Personal Customer Number

Authorised Signatory 3
Please specify your instruction for this Account Operator: Scope of Permissions:

Add individual Remove individual Telephone Banking Yes No

Title Forename(s) Obtain account information Yes No

Make payments/transact Yes No

Surname
Appoint other Account Operators Yes No
Debit Card Required?* Yes No

Personal Customer Number

Authorised Signatory 4
Please specify your instruction for this Account Operator: Scope of Permissions:

Add individual Remove individual Telephone Banking Yes No

Title Forename(s) Obtain account information Yes No

Make payments/transact Yes No

Surname
Appoint other Account Operators Yes No
Debit Card Required?* Yes No

Personal Customer Number

* Please note that a debit card can only be issued to an Authorised Signatory who can transact on the account(s) independently.

pg 10

Metro Bank PLC is registered in England and Wales, company number: 6419578. Registered office: One Southampton Row, London, WC1B 5HA. We are authorised by the Prudential Regulation
Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. ‘Metrobank’ is the registered trade mark of Metro Bank PLC. 1255 AF S4163 (01/17)
Business and Commercial Account(s) Mandate (continued)

4b. NOMINATED PERSONS

Nominated Persons
A Nominated Person is only authorised to access transaction information and account balances and may only transact on an Account in
accordance with the limited scope of permissions requested below.
If you would like to appoint a Nominated Person(s) who will assist in the operation of your Business Account(s), please do so by crossing the ‘Add
Individual’ box and complete the details below.
If you wish to remove any Nominated Person(s) from your Business Account(s), please cross ‘Remove Individual’ box and complete the details
below.
Nominated Person 1
Please specify your instruction for this Account Operator: Scope of Permissions:

Add individual Remove individual Telephone Banking (Limited access*) Yes No

Obtain account information Yes No

Title Forename(s)

Surname

Personal Customer Number

Nominated Person 2
Please specify your instruction for this Account Operator: Scope of Permissions:

Add individual Remove individual Telephone Banking (Limited access*) Yes No

Obtain account information Yes No

Title Forename(s)

Surname

Personal Customer Number

Nominated Person 3

Please specify your instruction for this Account Operator: Scope of Permissions:

Add individual Remove individual Telephone Banking (Limited access*) Yes No

Obtain account information Yes No

Title Forename(s)

Surname

Personal Customer Number

Nominated Person 4
Please specify your instruction for this Account Operator: Scope of Permissions:

Add individual Remove individual Telephone Banking (Limited access*) Yes No

Obtain account information Yes No

Title Forename(s)

Surname

Personal Customer Number

*May obtain account balances, transaction information and set up payments only if ‘Yes’ is crossed above

pg 11

Metro Bank PLC is registered in England and Wales, company number: 6419578. Registered office: One Southampton Row, London, WC1B 5HA. We are authorised by the Prudential Regulation
Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. ‘Metrobank’ is the registered trade mark of Metro Bank PLC. 1255 AF S4163 (01/17)
Online Banking Registration

1. GETTING STARTED

Does this business/organisation require Online Banking access?

Yes No (If no, please proceed to p15)

Do you currently use Metro Bank Online Banking to access your existing account(s)?

Yes No (If no, please proceed to section 2)

If yes, would you like to access your new business account(s) using your existing 12 digit customer number?

Yes No

If yes, please complete the details below

Existing Account User Name User’s existing 12 digit Online Banking Channel Required
Number customer number

Commercial Online

Business Online Plus

Business Online

pg 12

Metro Bank PLC is registered in England and Wales, company number: 6419578. Registered office: One Southampton Row, London, WC1B 5HA. We are authorised by the Prudential Regulation
Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. ‘Metrobank’ is the registered trade mark of Metro Bank PLC. 1255 AF S4163 (01/17)
Online Banking Registration (continued)

2. CHOOSE YOUR PLATFORM

The table below will help you select the appropriate banking channel to meet your needs.

Business Online Business Online Plus Commercial Online Banking

Account Type Required Any Business Bank Account only Commercial/Community

Daily Payment Limit £21,000.00 £50,000.00 £50,000.00+

(Flexible payment limits, please
complete section 5)

Account to Account Transfers ✔ ✔ ✔

Faster Payments ✔ ✔ ✔

Multi-company Access ✔ ✔ ✔

Batch Payments ✗ ✔ ✔

CHAPS Payments ✗ ✔ ✔

International Payments ✗ ✔ ✔

BACS ✗ ✗ ✔

Bulk load payees ✗ ✔ ✔

User Audit reports ✗ ✔ ✔

Advanced transaction search ✗ ✔ ✔

Access to the Commercial ✗ ✗ ✔

Customer Service Centre

Security Authentication Method Mobile Phone - SMS Authentication Authentication Token Device Authentication Token Device

Payment Authorisation Input/self-release of payments Single (Input & Self
Authorised)
Dual (Input and authorised by
2nd user
Verify/Auth (Input, verify and
authorise, across three users)
Single (Input & Self Authorised)
Dual (Input and authorised by
2nd user
Verify/Auth (Input, verify and
authorise, across three users)

User Access Options Choice of Full or View Only Access View, Input, Authorise and View, Input, Authorise and
Verify access options Verify access options

Tariff Free £5 per user, per month. £20 per month for the first account,
plus £10 per month for each
additional account. If you have more
than 5 accounts reported please
speak to your relationship manager
to agree appropriate tariff.

Based on the above, which Online Banking service do you require?

(Please choose one option for your business/organisation)

Business Online Business Online Plus Commercial Online Banking

Please go to Section 3 Please go to Section 4 Please go to Section 5

pg 13

Metro Bank PLC is registered in England and Wales, company number: 6419578. Registered office: One Southampton Row, London, WC1B 5HA. We are authorised by the Prudential Regulation
Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. ‘Metrobank’ is the registered trade mark of Metro Bank PLC. 1255 AF S4163 (01/17)
Online Banking Registration (continued)

3. BUSINESS ONLINE
Please select appropriate access rights for each user:
View: view account information online
Full: Has full access to online banking/payments.

User Name Access Rights

View Full

View Full

View Full

View Full

View Full

4. BUSINESS ONLINE PLUS

Please select appropriate access rights for each user:
Authorisation levels can be applied across the following functional areas – Payment release, beneficiary creation and system administration.

Single Dual Verify/Authorise

(No authorisation required) (Input by User 1 and (Input by User 1, verified by User 2 and authorised by
authorised by User 2) User 3)

If you assign Admin/Input access rights to specific users, a default limit of £50,000.00 will be applied for input or payment authorisation. Your system
administrator(s) can apply bespoke limits per individual or groups of users as required.

User Name Access Rights (tick as appropriate)

Admin Input Authorise

View Verify All except Admin

Admin Input Authorise

View Verify All except Admin

Admin Input Authorise

View Verify All except Admin

Admin Input Authorise

View Verify All except Admin

Admin Input Authorise

View Verify All except Admin

pg 14

Metro Bank PLC is registered in England and Wales, company number: 6419578. Registered office: One Southampton Row, London, WC1B 5HA. We are authorised by the Prudential Regulation
Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. ‘Metrobank’ is the registered trade mark of Metro Bank PLC. 1255 AF S4163 (01/17)
Online Banking Registration (continued)

5. COMMERCIAL ONLINE BANKING

Please select appropriate access rights for each user:
Authorisation levels can be applied across the following functional areas – Payment release, beneficiary creation and system administration
Single Dual Verify/Authorise
(No authorisation required) (Input by User 1 and (Input by User 1, verified by User 2 and authorised by
authorised by User 2) User 3)

If you assign Admin/Input access rights to specific users, a default limit of £50,000.00 will be applied for input or payment authorisation. Your system
administrator(s) can apply bespoke limits per individual or groups of users as required.

Company Payment Limits

The table below allows the company to set per transaction and aggregate payment limits.
If you assign Admin/Input access rights to your users, default limits of £50,000.00 will be applied. Your company system administrator(s) can apply bespoke
limits per individual as required.
Per Transaction Daily Limit

Faster Payments

CHAPS

Account to Account

International Payments

BACS*

Bulk**

Total Aggregated Daily Limited

* BACS – no default mandate limit is applied, system admin user(s) will need to assign limits to users.
**Bulk Payment limits must mirror your faster payment limits if you wish to upload payment files.

If you assign Admin/Input access rights to specific users, a default limit of £50,000.00 will be applied for input or payment authorisation. Your company system
administrator(s) can apply bespoke limits per individual or groups of users as required.

User Name Access Rights (tick as appropriate)

Admin Input Authorise

View Verify All except Admin

Admin Input Authorise

View Verify All except Admin

Admin Input Authorise

View Verify All except Admin

Admin Input Authorise

View Verify All except Admin

Admin Input Authorise

View Verify All except Admin

If you have any questions regarding setting user rights, please speak to your relationship manager.

pg 15

Metro Bank PLC is registered in England and Wales, company number: 6419578. Registered office: One Southampton Row, London, WC1B 5HA. We are authorised by the Prudential Regulation
Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. ‘Metrobank’ is the registered trade mark of Metro Bank PLC. 1255 AF S4163 (01/17)
Authorities, Representatives and Warranties
ACCOUNT OPENING TERMS AND CONDITIONS

You are reminded that the Metro Bank “Our Service Relationship with Business Customers” brochure (the ‘Terms and Conditions’) and the relevant
Important Information Summary (the ‘IIS’), govern the operation and use of Metro Bank Accounts. The Business Online Plus, Commercial Online
Banking and Merchant Services are governed by a separate terms and conditions brochure and IIS. Please refer to these documents which can be
found on our website. Please refer to the Terms and Conditions for a full description of the eligibility criteria applicable to each type of Account and
the relevant IIS for key features (including charges and interest).
Please read and confirm the following:
1. By signing this form the Sole Trader, Limited Company (Private, Public & Limited by Guarantee), Partnership (inc. Limited Partnership), Limited
Liability Partnership, Club, Society or other Unincorporated Association (‘You’) request Metro Bank to open the specific type of Business Account(s)
applied for, for the term selected (if applicable).
2. By signing this form ‘You’ agree and, where applicable, represent that: i) the account(s) and related services, if this application is accepted, will be
subject to the Terms and Conditions and the relevant IIS, each may be amended from time to time
ii) the business has made all resolutions necessary for making this application and by entering into the terms in relation to the account
iii) all information set out in this form is true, accurate and complete and further you undertake to indemnify Metro Bank against any loss, charge or
expense that Metro Bank may suffer or sustain and to absolve Metro Bank of all liability for loss or damage which the applicant business may sustain
as a result of Metro Bank acting in reliance on this application and where applicable, ‘You’ represent and warrant in favour of Metro Bank that this
application does not, and the accounts and related services if offered will not, contravene the terms of the business’s constitutional documents or the
terms of any agreement to which the business is a party.
The signature(s) below constitute(s) (as may be relevant):
i) an application on behalf of the Sole Trader, Limited Company (Private, Public & Limited by Guarantee), Partnership (inc. Limited Partnership),
Limited Liability Partnership, Club, Society or other Unincorporated Association for a Business Account(s) and/or Business Savings Account(s).
ii) an application on behalf the Sole Trader, Limited Company (Private, Public & Limited by Guarantee), Partnership (inc. Limited Partnerships),
Limited Liability Partnership, Club, Society or other Unincorporated Association to participate in our " extras" in accordance with the provisions of
Section 3, as well as the Mandate to Metro Bank in relation to the Sole Trader, Limited Company (Private, Public & Limited by Guarantee),
Partnership (inc. Limited Partnership), Limited Liability Partnership, Club, Society or other Unincorporated Association’s use and operation of its
account(s) with Metro Bank.

BUSINESS AND COMMERCIAL ACCOUNT(S) MANDATE

Please read and confirm the following

A. In all cases:
1. By signing this Form, You:
i) authorise Metro Bank to pay and debit, receive and credit to your Business Account(s) all cheques or other orders to pay signed, made, accepted
or given by or on behalf of You by the number of Authorised Signatories (and/or Nominated Person(s) where applicable depending on the scope of
permission) specified in the Mandate as being required to consent to payments or made payable or endorsed in favour of You, notwithstanding that
each such payment or debit may create or increase an instant overdraft (please see the Terms and Conditions, together with the Important
Information Summary, for more information on instant overdrafts);
ii) authorise Metro Bank to act or otherwise rely upon any other instruction, notice or document given or signed by the number of Authorised
Signatories (and/or Nominated Person(s) where applicable) if specified for such instruction, notice or document in the Mandate; and
iii) authorise Metro Bank to give each account operator access to those facilities that You permit account operators to have in accordance with the
Mandate.
2. By signing this Form You represent and warrant that all information set out in the Mandate is true, accurate and complete.
3. By signing this Form, You:
i) agree that (if applicable) all individuals nominated in the Mandate as account operators shall be authorised to act in accordance with the Mandate
until Metro Bank receives written notification to the contrary (such notification to be provided in accordance with the terms of the Mandate);
ii) agree that Metro Bank can rely on all the other information provided in this Mandate unless and until notified otherwise in accordance with the terms
of the Mandate; and
iii) in consideration of Metro Bank complying with the Mandate (including the authorities conferred by the Mandate) undertake to indemnify Metro
Bank against any loss, charge or expense that Metro Bank may suffer or sustain and to absolve Metro Bank of all liability for loss or damage which
You may sustain as a result of Metro Bank acting on the Mandate.

pg 16

Metro Bank PLC is registered in England and Wales, company number: 6419578. Registered office: One Southampton Row, London, WC1B 5HA. We are authorised by the Prudential Regulation
Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. ‘Metrobank’ is the registered trade mark of Metro Bank PLC. 1255 AF S4163 (01/17)
Authorities, Representatives and Warranties (continued)

ONLINE BANKING TERMS AND CONDITIONS

If you have requested for Online Banking, the respective terms and conditions will be provided as a separate document by your Relationship Manager.
These are important, You should read these terms carefully before signing this application form. If you would an additional copy, please request one
from your Relationship Manager or go to:
www.metrobankonline.co.uk/legalinformation
• You confirm the details provided are correct and agree to notify the Bank of any changes.
• You agree to the online banking terms as set out in the Online Banking Terms and Conditions.
• You confirm the online banking Administrator(s) and Users have agreed You may provide their details to us and their details being used to
provide the online banking service.
• Metro Bank must identify and verify all Administrators and Users. We will require separate original identification documents from each relevant
individual to confirm their identity and verify their address(es).
Business Online Plus and Commercial Online Banking only.
• You confirm that by selecting Single Authorisation, You understand that User Access rights and Payment authorisation permissions can be
controlled by a single administrator, and will not require a second Administrator.
• By selecting Dual Authorisation, You understand that User Access rights and Payment authorisation permissions must be controlled by two
administrators.
• By selecting Verify/Authorise, You understand that User Access rights and Payment authorisation permissions must be controlled by three
users (input, verify and authorise steps).
• Please note that if You request non-standard payment limits completion of this form will represent a formal request to Metro Bank PLC to
apply these limits to the Online Banking service.
• Any changes to these limits will require a new form to be completed and submitted.
• Requests are subject to review and approval by Metro Bank PLC. Confirmation of limits will be provided via email.

HOW DID YOU HEAR ABOUT US? Advert Event Internet Leaflet Visited Store

Recommended by: Other (Please Specify)

DECLARATION AND SIGNATURES

I/We confirm that the names, residential addresses, dates of birth, official positions and specimen signatures of the Authorised Signatory(ies) and/or
Nominated Person(s), as set out in Sections 5(a) and 5(b) and their respective Business Individual Identification & Verification forms (which shall form
part of this Mandate), are true and correct.
I/We confirm that the Mandate has been completed, signed and dated under the authority properly conferred by any constitutional documents and (if
applicable) by a duly constituted and quorate meeting of; for example, the Board of Directors or Officers of the Association; and that such authority
has not been amended or revoked and otherwise remains in full force and effect as at the date indicated below next to my/our signature.
I/We acknowledge receipt of details of the Financial Services Compensation Scheme Information Sheet and confirm and agree to all of the terms and
conditions detailed in the previous sections.
Signature 1 Signature 2
Sole Trader (please circle) Sole Trader (please circle)
Director/Company Secretary/Member/Partner/Officer of Director/Company Secretary/Member/Partner/Officer of
Association (please circle) Association (please circle)
on behalf of the Limited Company (Private, Public & Limited by Guarantee), on behalf of the Limited Company (Private, Public & Limited by Guarantee),
Partnership (inc. Limited Partnership), Limited Liability Partnership, Club, Partnership (inc. Limited Partnership), Limited Liability Partnership, Club,
Society or Other Unincorporated Association Society or Other Unincorporated Association
Print Name Print Name

Signature Signature

Date Date

pg 17

Metro Bank PLC is registered in England and Wales, company number: 6419578. Registered office: One Southampton Row, London, WC1B 5HA. We are authorised by the Prudential Regulation
Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. ‘Metrobank’ is the registered trade mark of Metro Bank PLC. 1255 AF S4163 (01/17)
Financial Services Compensation Scheme
Information Sheet

BASIC INFORMATION ABOUT THE PROTECTION OF YOUR ELIGIBLE DEPOSITS

Eligible deposits in Metro Bank PLC The Financial Services Compensation Scheme (“FSCS”)1
are protected by:

Limit of protection: £85,000 per depositor per bank2

If you have more eligible deposits All your eligible deposits at the same bank are “aggregated” and the total is subject to the
at the same bank: limit of £85,000.2

If you have a joint account with The limit of £85,000 applies to each depositor separately.3
other person(s):

Reimbursement period in case of 20 working days.4

bank’s failure:

Currency of reimbursement: Pound sterling (GBP, £) or, for branches of UK banks operating in other EEA Member
States, the currency of that State.

To contact Metro Bank PLC for Metro Bank PLC

enquiries relating to your account: One Southampton Row
London
WC1B 5HA

To contact the FSCS for further Financial Services Compensation Scheme

information on compensation: 10th Floor Beaufort House
15 St Botolph Street
London
EC3A 7QU
Tel: 0800 678 1100 or 020 7741 4100
Email: ICT@fscs.org.uk

More information: http://www.fscs.org.uk

Acknowledgement of receipt by the

depositor:

ADDITIONAL INFORMATION
1
Scheme responsible for the protection of your eligible deposit
Your eligible deposit is covered by a statutory Deposit Guarantee Scheme. If insolvency of your bank should occur, your eligible deposits would
be repaid up to £85,000 by the Deposit Guarantee Scheme.
2
General limit of protection
If a covered deposit is unavailable because a bank is unable to meet its financial obligations, depositors are repaid by a Deposit Guarantee
Scheme. This repayment covers at maximum £85,000 per bank. This means that all eligible deposits at the same bank are added up in order to
determine the coverage level. If, for instance a depositor holds a savings account with £80,000 and a current account with £20,000, he or she will
only be repaid £85,000.
In some cases eligible deposits which are categorised as “temporary high balances” are protected above £85,000 for six months after the amount
has been credited or from the moment when such eligible deposits become legally transferable. These are eligible deposits connected with
certain events including:
(a) certain transactions relating to the depositor’s current or prospective only or main residence or dwelling;
(b) a death, or the depositor’s marriage or civil partnership, divorce, retirement, dismissal, redundancy or invalidity;
(c) the payment to the depositor of insurance benefits or compensation for criminal injuries or wrongful conviction.

Monday - Friday: 8am - 8pm • Saturday: 8am - 6pm • Sunday: 11am - 5pm
Local Call Centre: 0345 08 08 500 • metrobankonline.co.uk • MetroBank_Help
pg 18

Metro Bank PLC is registered in England and Wales, company number: 6419578. Registered office: One Southampton Row, London, WC1B 5HA. We are authorised by the Prudential Regulation
Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. ‘Metrobank’ is the registered trade mark of Metro Bank PLC.
Financial Services Compensation Scheme (continued)

ADDITIONAL INFORMATION (continued)

More information can be obtained under http://www.fscs.org.uk
3
Limit of protection for joint accounts
In case of joint accounts, the limit of £85,000 applies to each depositor. However, eligible deposits in an account to which two or more persons are
entitled as members of a business partnership, association or grouping of a similar nature, without legal personality, are aggregated and treated as if
made by a single depositor for the purpose of calculating the limit of £85,000.
4
Reimbursement
The responsible Deposit Guarantee Scheme is the Financial Services Compensation Scheme, 10th Floor Beaufort House, 15 St Botolph Street,
London, EC3A 7QU, Tel: 0800 678 1100 or 020 7741 4100, Email: ICT@fscs.org.uk. It will repay your eligible deposits (up to £85,000) within 20
working days until 31 December 2018; within 15 working days from 1 January 2019 until 31 December 2020; within 10 working days from 1 January
2021 to 31 December 2023; and within 7 working days from 1 January 2024 onwards, save where specific exceptions apply.
Where the FSCS cannot make the repayable amount available within 7 working days, it will, from 1 June 2016 until 31 December 2023, ensure that
you have access to an appropriate amount of your covered deposits to cover the cost of living (in the case of a depositor which is an individual) or to
cover necessary business expenses or operating costs (in the case of a depositor which is not an individual or a large company) within 5 working days
of a request. Again, there are specific exceptions to this obligation.
In the case of a depositor which is a large company, where the FSCS cannot make the repayable amount available within 7 working days, it will, from
3 July 2015 until 1 December 2016, ensure that you have access to your covered deposits within fifteen working days of a request containing sufficient
information to enable it to make a payment, save where specific exceptions apply.
In the case of a depositor which is a small local authority, where the FSCS cannot make the repayable amount available within 7 working days, it will,
from 3 July 2015 until 1 June 2016, ensure that you have access to your covered deposits within fifteen working days of a request containing sufficient
information to enable it to make a payment, save where specific exceptions apply.
If you have not been repaid within these deadlines, you should contact the Deposit Guarantee Scheme since the time to claim reimbursement may
be barred after a certain time limit. Further information can be obtained under http://www.fscs.org.uk.
Other important information
In general, all retail depositors and businesses are covered by Deposit Guarantee Schemes. Exceptions for certain deposits are stated on the website
of the responsible Deposit Guarantee Scheme. Your bank will also inform you of any exclusions from protection which may apply. If deposits are
eligible, the bank shall also confirm this on the statement of account.

EXCLUSIONS LIST
A deposit is excluded from protection if:
(a) The holder and any beneficial owner of the deposit have never been identified in accordance with money laundering requirements. For further
information, contact your bank.
(b) The deposit arises out of transactions in connection with which there has been a criminal conviction for money laundering.
(c) It is a deposit made by a depositor which is one of the following:
• credit institution
• financial institution
• investment firm
• insurance undertaking
• reinsurance undertaking
• collective investment undertaking
• pension or retirement fund1
• public authority, other than a small local authority.
The following are deposits, categories of deposits or other instruments which will no longer be protected from 3 July 2015:
• deposits of a credit union to which the credit union itself is entitled
• deposits which can only be proven by a financial instrument2 unless it is a savings product which is evidenced by a certificate of deposit made
out to a named person and which exists in a Member State on 2 July 2014
• deposits of a collective investment scheme which qualifies as a small company3
• deposits of an overseas financial services institution which qualifies as a small company4
• deposits of certain regulated firms (investment firms, insurance undertakings and reinsurance undertakings) which qualify as a small
business or a small company5 – refer to the FSCS for further information on this category
For further information about exclusions, refer to the FSCS website at www.FSCS.org.uk
1
Deposits by personal pension schemes, stakeholder pension schemes and occupational pension schemes of micro, small and medium sized enterprises are not excluded
2
Listed in Section C of Annex 1 of Directive 2014/65/EU
3
Under the Companies Act 1985 or Companies Act 2006
4
See footnote 3
5
See footnote 3

Monday - Friday: 8am - 8pm • Saturday: 8am - 6pm • Sunday: 11am - 5pm
Local Call Centre: 0345 08 08 500 • metrobankonline.co.uk • MetroBank_Help
pg 19

Metro Bank PLC is registered in England and Wales, company number: 6419578. Registered office: One Southampton Row, London, WC1B 5HA. We are authorised by the Prudential Regulation
Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. ‘Metrobank’ is the registered trade mark of Metro Bank PLC.