My Business Account is in Recoveries
Accounts usually move into our Recoveries team if your account has failed to return within its normal and agreed limits, following the support offered by our Specialist Business Management team.
Accounts in recoveries
- If your accounts are in the recovery process, all accounts become non-operational and the account facilities are removed
- You may be expected to bank elsewhere, however, your accounts will remain open to allow repayment of any outstanding liabilities
- Your credit reference file is likely to be impacted and this will show for 6 years