A range of current accounts created for the racing industry

We currently offer three bank account options: Racing, Multi Owner and Racing Gold.

Racing Account
A simple bank account for UK resident sole or joint owners looking to separate their racing finances from their day-to-day banking.

Multi Owner Account
This account is available to syndicates, clubs and partnerships.

Racing Gold Account
Our flagship account available to sole or joint owners, bloodstock professionals and companies, and also owners who reside outside of the UK.

 

Looking for more benefits? Add the Racing Payment Service to your account if you require any of the following:

  • Access to our telephone banking
  • An agent to be added to your account e.g., trainer secretary
  • A trainer payment mandate agreement (allows us to pay any racing-related bills, such as training fees, from your account)
  • The ability to operate a USD or EUR currency account
  • Paper statements
  • A cheque book
  • Month-end balance splits to individual accounts (partnerships only)
  • The cost per account is £10 per month. However, fees are waived if you have a Racing Gold Account, a Weatherbys Private Bank account or if you use our VAT Return Service.
FeaturesRacing AccountMulti Owner Account Racing Gold Account
Available toSole or joint owners
(UK residents only)
Syndicates, clubs,
and partnerships
Sole or joint owners,
bloodstock professionals
and companies
Monthly Account Fee£5 pm£15 pm£30 pm
Number of accounts
included in the fee
OneOneUnlimited
Number of free BHA racing
transactions per month
5510
Additional racing
transaction charges
65p per transaction65p per transaction45p per transaction
Weatherbys VAT
Return Service
10% discount10% discount20% discount
Online and mobile
banking
Electronic statements
incl. VAT breakdown
Relationship managed
(dedicated banker)
Debit card
(commission free overseas)
Overdraft facility
(subject to credit criteria)
Weatherbys Racing
Payment Service (RPS):

– Unlimited access to
our payments team

– Operate a trainer
payment mandate

– Optional paper statements

– Optional currency accounts

– Optional agent(s)
on your account
£10 pm

or

Free to clients who
also use the Weatherbys
VAT Return Service and
clients of Weatherbys
Private Bank.

For clients who do not have the
Weatherbys Racing Payment
Service (RPS), each telephone
banking payment will be
charged at £10 per payment.
£10 pm

or

Free to clients who
also use the Weatherbys
VAT Return Service and
clients of Weatherbys
Private Bank.

For clients who do not have the
Weatherbys Racing Payment
Service (RPS), each telephone
banking payment will be
charged at £10 per payment.