Switch to Allica

Businesses with an annual turnover of up to £6.5 million or up to 50 employees are automatically eligible to apply for the Current Account Switch Service. If you don’t meet the criteria, we might be able to switch you anyway. Contact us on cass.ops@allica.bank and we’ll see if we can help you.

Savings accounts cannot be switched.

Yes, if you use the Current Account Switch Service, it automatically closes your old account and redirects any payments to your new one. If you'd rather keep your old account open, you can choose a partial switch instead, though this isn't covered by the switch guarantee. Click here to find out more about partial switching.

Your new account will automatically receive all incoming and outgoing payments. Whenever a payment is redirected, the sender receives an automatic notification with your updated account details, allowing them to update their records accordingly. Redirection to your new account applies for three years after your switch date. We recommend that when you switch over to Allica, you should also update your customers with the new Allica account details. Some organisations might reach out directly to verify your updated information.

You can choose a switch date with us. Make sure you allow seven working days for the switch to take place, and note the switch date cannot be a Saturday, Sunday or a Bank Holiday.

You can choose the switch date to suit you. The date you want to switch accounts must be at least seven working days from this point. 

You can access the money in your old account up until your switch date. The final balance from your old account with be automatically transferred to your Allica account on day seven of the switch.

The Current Account Switch Service won’t transfer any new payment arrangements made within the seven working day window prior to the switch date. If you want to set up new payment arrangements during the seven working day period leading up to your switch date, you must do this in your new account.

Any refunds made to your old debit card after switching your account will be automatically sent to your Allica account. If you are expecting a refund and have not received it, please contact us at cass.ops@allica.bank.

You won't be able to switch an account to us that is overdrawn. You would need to pay off your overdraft before you switch to Allica.

Your open banking connections will not be transferred as part of the switch. If you want to carry over your account and transaction feed with other open banking platforms, you’ll need to re-authorise sharing that information with us again. If you’re not sure if your open banking platform is supported, get in touch with our customer services.

A switch is most commonly rejected because of a data mismatch (for example, directors' details or business address), or because the old account isn't valid for switching. If this happens, we'll email you explaining the reason — you may need to contact your old bank for more information.

Some banks limit how many payees you can switch, and this varies by bank. If you have a lot of payees, check with your current bank before you start. If your switch is refused for this reason, you'd need to reduce your payees with your old bank first.