{"id":25217,"date":"2025-04-02T14:24:03","date_gmt":"2025-04-02T14:24:03","guid":{"rendered":"https:\/\/www.simplybusiness.co.uk\/?post_type=knowledge&p=25217"},"modified":"2026-03-31T14:29:08","modified_gmt":"2026-03-31T14:29:08","slug":"cash-deposit-limits-for-businesses","status":"publish","type":"knowledge","link":"https:\/\/www.simplybusiness.co.uk\/knowledge\/banking\/cash-deposit-limits-for-businesses\/","title":{"rendered":"Cash deposit limits on business bank accounts \u2013 a simple guide"},"content":{"rendered":"\n
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Although the use of cash has declined rapidly in recent years, around 10 per cent of adults still rely on cash for almost all of their daily purchases, according to the Financial Conduct Authority (FCA). <\/p>\n\n\n\n

That\u2019s why almost 80 per cent of businesses told the FCA that they\u2019d still be very likely to accept cash by 2025.<\/p>\n\n\n\n

With research showing a rise in cash-only consumers in recent years, more small businesses may need to deposit cash into their business bank account. <\/p>\n\n\n\n

But did you know it\u2019s highly likely that your business bank has a limit on the amount of cash you can deposit? <\/p>\n\n\n\n

Read on to find out how cash deposit limits work and how much you can deposit into some of the most popular business bank accounts.<\/p>\n\n\n\n

How do cash deposit limits work?<\/h2>\n\n\n\n

Put simply, a deposit limit is the maximum amount of cash you can pay into your bank account at any one time. <\/p>\n\n\n\n

Some banks have daily deposit limits, while others have annual or monthly limits. There may be different limits depending on where you deposit your cash (e.g. a branch or the Post Office). Some banks also place different limits if you\u2019re depositing coins or notes.<\/p>\n\n\n\n

Cash deposit limits only apply to physical cash. Any money paid into your bank digitally (e.g. from sales taken by card) won\u2019t contribute to your max deposit limit. <\/p>\n\n\n\n

Most deposit limits usually range from between \u00a33,000 to \u00a310,000 a day \u2013 see below for more details on the cash deposit limits of specific business bank accounts<\/a>.<\/p>\n\n\n\n

Why do banks set cash deposit limits?<\/h2>\n\n\n\n

By limiting the amount of cash customers can pay into their accounts, banks say it helps them to identify suspicious activity and financial crime such as money laundering. <\/p>\n\n\n\n

However, critics of cash deposit limits point out that more financial crime has been committed digitally in recent years.<\/p>\n\n\n\n

The same critics also suggest that by limiting cash deposits, banks can speed up plans to close branches and go cashless.<\/p>\n\n\n\n

Data from Which? shows that approximately 6,000 bank and building society branches have closed<\/a> (or are due to close by the end of 2025) since January 2015. This equates to almost two thirds (61 per cent) of the total number of branches there were in 2015.<\/p>\n\n\n\n

Already this year, Lloyds Banking Group announced it would be closing 176 branches across its network, while Santander is set to close 95 branches.<\/p>\n\n\n\n

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Business bank cash deposit limits <\/h2>\n\n\n\n

The table below shows the cash deposit limits for businesses from some of the most popular business Here\u2019s an overview of the cash deposit limits for businesses from some of the most popular business banking providers:<\/p>\n\n\n\n