📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Sole Trader joint business account

Options
We have the opportunity of switching our business account(s) to other ring-fenced banks with incentives such as £1000. We chose Starling Bank however, they won't accept a JOINT application for a sole trader's business account, as we have now for RBS.

Any idea why they've made that rule? Such a shame as we'll have to go elsewhere now and I was well impressed with the app. I just can't understand it.

Comments

  • Pennywise
    Pennywise Posts: 13,468 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    You can't have a joint "sole trader" bank account. By the very nature of being a sole trader, it's one person. A joint bank account is for a partnership.

    Why not just set up a single person bank account with Starling.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.