Business bank account

diz79

Hi guys,

Ive gone though the forum looking at different bits of info, but couldnt find an answer to this problem.

I have been a sole trader for 4 years using my own bank account, I now want to have a business bank account, am I allowed to have a start up account? Some of them seem to indicate you must be starting your business when you apply.

Also what are the best ones

From what I can see HSBC, Santendar and Barclays look the best.

I will mainly have BACS going through the account but will also have to pay in cash and cheques throughout the month HSBC definately charge a fee for this does anyone know of any that doesent?

Thanks in advance

diz79

I have looked here

https://forums.moneysavingexpert.com/discussion/3704895

pmduk

Have you considered asking on the small business forum on this site? In fact that board contains a sticky thread discussing small business bank accounts.

henm2

In my experience HSBC will in a circumstance like this open the business account as a 'start up' and give a minimum of 18 months free banking.
Assuming you don't already bank with them they will examine your most recent 3 months worth of personal bank statements as well as proof of ID. That's about it apart from the usual questions for the application and what you need from an account and what you want setting up.

diz79

Thanks guys sorry for late response