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SSAS Bank Account needed
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Helluvaname
Posts: 4 Newbie
I've had a SSAS set up since the mid 1990's that has had a current account with RBS set up in the name of the SSAS since inception.
RBS are now closing their "business" banking division and we're being asked to move the account elsewhere.
Unfortunately it seems most banks aren't able to accept accounts in the name of a SSAS.
Has anyone managed to set up a current account in the name of a SSAS recently?
Thanks.
RBS are now closing their "business" banking division and we're being asked to move the account elsewhere.
Unfortunately it seems most banks aren't able to accept accounts in the name of a SSAS.
Has anyone managed to set up a current account in the name of a SSAS recently?
Thanks.
0
Comments
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https://www.metrobankonline.co.uk/business/sector-services/products/partnerships/
https://www.caterallen.co.uk/accounts/reserve-account-for-pensions/
Anything above?
https://www.ftadviser.com/2013/10/17/pensions/sipps/pension-schemes-in-limbo-as-banks-refuse-to-open-accounts-u4mnwstuIDWiahyIOOaW9H/article.html0 -
Thanks xylophone. I had subsequently found the Metro Bank one, but will take a look at the Cater Allen one as well.
I had also seen the FT Adviser link you posted, which is from 2013, and I would have hoped the situation would have improved by now, but it seems not!0
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