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Project Bank Account
At Barclays Corporate we understand the various payment challenges for clients and contractors so have devised our ‘Project Bank Account’ (PBA) to ensure effective and efficient supply chain payment. All payments to and from PBA are made online and the daily automatic transfer arrangement to or from an interest bearing deposit account, ensures that the current account maintains a nil balance.
To help you achieve your objectives during the project we also offer:
- A dedicated relationship team, experienced in dealing with the challenges and opportunities that impact upon the project
- Streamlined account opening, tailored documentation and on-going control of your banking needs
- An attractive interest rate on credit balances
- Electronic banking providing balance and transaction reporting, payment functionality plus access to on-line deposit placing at interest rates based on the London Money Markets
- A fast-track implementation process to ensure the banking capability is there when you need it.
We will work closely with you to ensure the banking needs of your project are run with complete efficiency and control, whilst remaining tailored to the needs of the individual project.
Project Bank Account factsheet PDF* (Opens in a new window, 305KB)
To find out more contact:
Peter Day, Relationship Director
 Email: Peter Day
Euan Murray, Relationship Director (Scotland)
Email: Euan Murray
Technical support and training
The Barclays Project Bank Account has been developed in association with International Property and Construction Consultants Rider Levett Bucknall.
They are experts in the field of Project Banking with over 7 years experience in the use of these accounts. For further information please visit Rider Levett Bucknall.
Rider Levett Bucknall in conjunction with Barclays and Constructing Excellence, offer training and support PDF* (Opens in a new window, 432KB) in all aspects of project banking.
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*Software Requirements
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