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Managed to get a business account post BR with Barclays :-)

Hi all,

Just wanted to share some good news re opening a business account post BR which was previously thought nigh on impossible.

I had a meeting with someone at Barclays a couple of weeks ago with regards to opening a limited company account and mentioned that I had previously been bankrupt - she said it would have to go for authorization from the senior business team but that I'd hear in a few days.

Got a call a bit later that week to say that they'd opened the account and that cards etc were on the way!

It probably helped that I was already a customer (running my business through my cashcard account so they could see the business was doing well already) but I was very surprised when they came back and said yes.

They even gave me a business debit card and cheque book so it's definitely the full business account.

Just wanted to post my experience as I know a lot of you out there are trying to get business accounts so hopefully this will prove helpful for you :)

Cheers,

Chris

Comments

  • philnicandamy
    philnicandamy Posts: 15,685 Forumite
    10,000 Posts Combo Breaker
    Superb news well done....:beer::beer:

    hope yet with the sounds of things then!

    (hope your well??)
    We all die. The goal isn't to live forever, the goal is to create something that will
  • Thanks mate! Yeah dead happy!!

    All good here ta - brought the wedding forward a few months so only 3 more to wait! How's you and the family? :)
  • Excellent news well done :)

    I reccomended Barclays to another BR a few days ago that was in exactly the same position, I have been with Barclays a few years there not so bad so far as banks go anyhow.........................

    Word of warning though be careful with unauthorised overdrafts, I had 2 business account with them a couple of years ago and they were fantastic at letting the go overdrawn but the charges nigh on crippled me :(

    ANyhow well done, onwards and upwards :)
    "You can measure a man's character by the choices he makes under pressure"
    Sir Winston Churchill
  • philnicandamy
    philnicandamy Posts: 15,685 Forumite
    10,000 Posts Combo Breaker
    edited 26 October 2010 at 11:02AM
    Thanks mate! Yeah dead happy!!

    All good here ta - brought the wedding forward a few months so only 3 more to wait! How's you and the family? :)


    Great to hear things progressing...its a nice feeling someone trusting you after everything thats gone on in bankruptcy, I know when natwest gave me a full account i'd been over the moon for days!...and only 3mnths to go now to the big day instead?? superb!!

    we're good thanks enjoying the little guy day after day nice to watch him turning into a person!

    (sorry for the hijack!!!!);)
    We all die. The goal isn't to live forever, the goal is to create something that will
  • confused76
    confused76 Posts: 12,680 Forumite
    Part of the Furniture Combo Breaker
    that's great news.... :)
  • okeydokey
    okeydokey Posts: 100 Forumite
    congrats on getting business bank account, thats really encouraging to hear, may I ask how long ago you were discharged and are you sole trader or limited company?
  • Newbie06
    Newbie06 Posts: 215 Forumite
    that's good to know hopeful, I was about to ask that very question as I need to open a business account - am discharged and run my personal acc with think, but they will not allow it to be used for sole trading - so am in a bit of a fix and was wondering who the best werre to apply to - I may try barclays but would love it if anyone else could advise me....
This discussion has been closed.
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