business banking ???

kosqueen

i went br in may 07 and just startin my own business just wondered if anyone new what banks do business accounts for br ???

thanx a lot

Richard_S

kosqueen wrote: »

i went br in may 07 and just startin my own business just wondered if anyone new what banks do business accounts for br ???

thanx a lot

Hi kosqueen,

I've seen that question asked a couple of times but never seen an answer. Barclays and Co-Op will be my first choice and if they say "no" then I'll work through all the remaining ones. I have the distinct feeling that we may well end up using a personal account as a business account.

Regards

Richard

sammy115

My brother in law got an account with the Nationwide although it was a basic account. they were prepared to look at it again in six months once he had run the account over six months.

He had been bankrupt for a couple of years though.

Richard_S

sammy115 wrote: »

My brother in law got an account with the Nationwide although it was a basic account. they were prepared to look at it again in six months once he had run the account over six months.

He had been bankrupt for a couple of years though.

Hi sammy,

Was that a business account though? Strictly speaking you're not supposed to use personal accounts for business but the banks don't always notice depending on the level of activity.

Richard

kosqueen

hi richard thanks for that

i no barclays wont do it as i used to work for them suppose its just a case of going all around


thanks
mel

Richard_S

kosqueen wrote: »

hi richard thanks for that

i no barclays wont do it as i used to work for them suppose its just a case of going all around


thanks
mel

Hi mel

It's a strange situation really because we don't want a business account with an overdraft, just an account that we can pay money into and out of and perhaps the odd foreign transfer.

I can't understand what the problem is unless with everything being centralised they couldn't be sure that a recently discharged bankrupt wouldn't succeed in getting a £100k loan; mmm, interesting thought