Switching off your limited company overdraft

You can switch off your overdraft at any time by setting your overdraft limit to £0 and tapping “Turn off overdraft” .

You won't be able to switch your overdraft off if you're overdrawn. You'll need to bring your account back to £0 or into a credit position to switch the overdraft off. Please note that you might not be able to switch your overdraft back on if your credit file has changed.

If you change your mind and want to switch off your overdraft within 14 days of switching it on, you may be able to get a refund on the arrangement fee. To do this head to manage your overdraft and request to cancel.

If you'd prefer us to remove your overdraft entirely so you can't switch it back on, chat with us.