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Choosing a bank for Ltd co

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  • IronWolf
    IronWolf Posts: 6,445 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Thanks for the help. All my payments will be going into Stripe first so it will be one payment into the bank per month, probably in USD.

    I'm a bit weary of these introductory offers as they can often be a bit pricey once they end, so I think I'll just go for the best fit and cheapest per month without offers.

    HSBCs account looks good but their savings interest rate is basically 0. They do allow investments though. Santander have a better savings rate at 0.75% but not sure if they allow investments.
    Faith, hope, charity, these three; but the greatest of these is charity.
  • DKLS
    DKLS Posts: 13,461 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    I use Cater Allen, which is part of the Santander Group but don't let that put you off, the UK based call centre staff are fantastic. Is easy to setup $ and Euro accounts if required.
  • Savvy_Sue
    Savvy_Sue Posts: 47,353 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    TheTracker wrote: »
    Eg fastspring, stripe, paypal. You'll pay a few % fee. If "games" means web savvy, he can whip up a Stripe payment in no time. For larger values a USD account in UK, or even in US. Or even Bitcoin, with very little or no fee, but low penetration and high volatility. Wish there were better options...
    Thanks. Yes definitely web savvy, but sometimes a bit picky. I know there's one option he rejected (possibly for personal rather than company 'stuff') because he didn't want to use PayPal. And I guess at some point it has to go into the Ltd Co a/c so that it can then go out again to his collaborators - I must ask him how that happens because one of them is not UK based ...

    I tend to keep out of it but obviously if I spot anything I think he OUGHT to know I tell him. ;)
    Signature removed for peace of mind
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