Best Online Business Bank Accounts

uk_steve

A friend has asked me to find the best business account for a new company


i believe this is the best place to ask:beer:

an online account would be ok

mirandab

I use Abbey National you can't use their branches as everything is done online or by post - but they don't charge for a business account which a lot of banks do.

HTH
Miranda

oldfella

me too

Mike

uk_steve

just looked at the service




looks good! am i right you even get intrest on money which is sitting in the account as well? (obvoiusly there needs to be funds there in the 1st place :T )

quick question if you get paid by cheque? do you send it off via post?

as the person i am asking this for is bound to ask me!! he!he!

mirandab

Don't know about the interest but yes you send payment via the envelopes they provide you with

Miranda

superscaper

Would Abbey require you to be on electoral roll to apply for an account? http://forums.moneysavingexpert.com/showthread.html?t=312714

powerbase

Hey I use Abbey too, it's great free banking (well there are limits). Phone them up and ask all your questions as they are very helpful. I remember the interest rate being good (but I still move my business money into a savings account) and it's paid monthly. You post cheques in (or I think you can put them in with a paying in envelope at the ATM). My banking is all online so I don't really use the cheque facility. I don't know about the electoral roll, though it's always a good thing to be on for credit purposes.

As I said phone them up and ask they are very helpful. One problem is that the account may take a bit longer to set up that normal as the account is in high demand and I hear they are a bit behind (though that was a few months ago). I hear A & L have a good business account too.