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Business account-limited company

Hi All
Pls could some one advice. i have got a business account with hsbc, which is free for the first 18 months. after this period there is a charge for each month which is going to be very high. i was wondering if i could cancel this business account and change to another bank, by doing this will i get a further period of free business banking. is this possible and let me know if there are any other way of avoiding the monthly business charge for the account.
Thanks

Comments

  • polymaff
    polymaff Posts: 3,958 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Hi All
    Pls could some one advice. i have got a business account with hsbc, which is free for the first 18 months. after this period there is a charge for each month which is going to be very high. i was wondering if i could cancel this business account and change to another bank, by doing this will i get a further period of free business banking. is this possible and let me know if there are any other way of avoiding the monthly business charge for the account.
    Thanks

    Why not switch to RBS Business Banking Direct? We did exactly that - from HSBC - to avoid monthly charges.

    As of right now their website still says:

    Free banking is offered indefinitely
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