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Allica Bank closed or froze your business account: what its terms say

As of October 9, 2026, these are Allica Bank’s own words on closing accounts: the notice it gives, the reasons it names and where a complaint can go next.

Notice before closing

15.1. We may close your account by giving you 2 months' written notice.

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Reasons it names for closing or suspending an account

15.4. We may close or suspend your account immediately in exceptional circumstances. … you operate in an industry that is on our Prohibited Industry list

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Complaints and where to go next

If, at this point, you remain dissatisfied with our response, you may be able to complain to the Financial Ombudsman Service, within six months of the date of the final response.

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These are the provider’s published terms, not legal advice. Your own agreement and the law where your company is may give you more.