Setting up business bank account with IVA

Myself and partner are on an IVA. I have set up a new business which means I am self employed. I am needing a bank account for this but are finding it very difficult to find anyone who will allow me to set one up.
Can anyone help with any advice please?

Thank you

Comments

  • foxy-stoat
    foxy-stoat Posts: 6,879 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    Cannot help with who to go to, not sure I would of risked setting up a new business while in the middle of an IVA though.
  • National_Debtline
    National_Debtline Posts: 7,998 Organisation Representative
    Tenth Anniversary 1,000 Posts Combo Breaker
    Hi

    RBS and Natwest have a basic business bank account called the Foundation account. If you can’t get their normal account they may offer you the Foundation account instead.

    If you would like some advice on running the business while you have an IVA you might find it useful to speak to Business Debtline.

    www.businessdebtline.org

    James
    @natdebtline
    We work as money advisers for National Debtline and have specific permission from MSE to post to try to help those in debt. Read more information on National Debtline in MSE's Debt Problems: What to do and where to get help guide. If you find you're struggling with debt and need further help try our online advice tool My Money Steps
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