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Best business bank account for cash deposits?

edgibs · 2018-09-19 19:37:39

Hi, I am a newish business owner and am about to come to the end of my free Banking period with tsb. Does anyone have any suggestions for a business bank account with reasonable charges for large regular cash deposits (mostly coin). Don't mention the co op as they don't want my business... Thanks in advance

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Reducer Posts: 1 Newbie

15 October 2018 at 11:35AM

Hey,

We see a lot of companies depositing in Cash. We haven't seen anyone get a better rate than 0.5% (even when doing large volumes).

You could consider trying to take more via cards, with fees for taking debit payments can be as low as 0.29% dependent on volume (and no need to goto the bank!)

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Best business bank account for cash deposits?

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