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Business bank account advice

RVP991 · 2015-07-27 13:40:25

Hey all, I need some advice about my business “concept” as it were at the moment. I started this in 2013 but had to stop due to family reasons, and have recently started doing it again. I have been selling online virtual currency for a few weeks now and it’s proving to be rather profitable. By virtual currency I mean e.g…

Comments

jonesMUFCforever Posts: 28,898 Forumite

31 July 2015 at 10:26PM

RVP991 wrote: »

What would you suggest I do then?

Be honest with any bank application.
Some will not want your business becaus they cannot monitor whether the turnover on your account is kosher or hiding money laundering for instance.
Prepare a detailed business plan - try one of the newer banks and wherever possible apply in person so that you can explain your business.

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