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Closing my business account that has overdraft

madirishwomen
Posts: 8 Forumite
Hello
I hope someone can help me. I have a business account with HSBC and its has £4000 overdraft. I used to need this but dont now. it still has £4000 overdrawn though so i need to get this repaid and will be discussing this with the bank this weekend hopefuly!
I own a small business and i dont accept cheques only cash or online payments.
Do i have to have a business account or can i open another simple account with NO or less charges? Can anyone point me in the right direction please
Many thanks
I hope someone can help me. I have a business account with HSBC and its has £4000 overdraft. I used to need this but dont now. it still has £4000 overdrawn though so i need to get this repaid and will be discussing this with the bank this weekend hopefuly!
I own a small business and i dont accept cheques only cash or online payments.
Do i have to have a business account or can i open another simple account with NO or less charges? Can anyone point me in the right direction please
Many thanks
0
Comments
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I think abbey (santander) have a fee free business account at the moment - whether that would allow you an overdraft I don't know.
Good luck
R.Smile, it makes people wonder what you have been up to.
0 -
Thank you for your advice. I dont want to have a overdraft as keeps me from using it if not available
thanks0
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