Alliance and Leicester named Best Business Current Account Provider

Alliance & Leicester Commercial Bank has been voted ‘Best Business Current Account Provider’ by leading independent finance guide Business Moneyfacts for the fifth successive year.

The bank was also highly commended in the ‘Best Overall Business Bank’, ‘Best No Notice Business Deposit Account Provider’ and the ‘Most Innovative Product’ categories, highlighting the value range of services offered by Alliance & Leicester Commercial Bank.

Commenting on Alliance & Leicester’s success, Lee Tillcock, Editor of Business Moneyfacts, said: “The judges were very impressed with the easily understood, good value range of current account products offered by Alliance & Leicester Commercial Bank.

“The bank has performed consistently well in our surveys and best buy tables – and the judges are delighted to recognise the bank’s excellence by awarding it ‘Best Business Current Account Provider’ for an unprecedented fifth successive year.

“In total, Alliance & Leicester Commercial Bank were nominated for eight different Business Moneyfacts Awards, more than any other provider, which is a great achievement in itself.”

Steve Jennings, Director of Business Banking at Alliance & Leicester Commercial Bank, said: “Alliance & Leicester Commercial Bank is transforming the business banking market by offering better value products, with charging structures that are fair and transparent. Winning the ‘Best Business Current Account Provider’ award from Business Moneyfacts for a record fifth year is a testament to our position as a credible alternative to the traditional business banks.”

Jennings added: “In 2006, a record 24,700 businesses chose to open an account with Alliance & Leicester and many of those were established businesses switching from the traditional business banks. SMEs are waking up to the fact that not all business current accounts are the same and our market leading Free Business Current Account, together with our Business Builder Account which provides start-up businesses with two years free banking are proving to be very popular.”