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Starling Bank - business account - receiving EUR payments/card type offered?

jimmyhurr
jimmyhurr Posts: 21 Forumite
Third Anniversary 10 Posts
edited 3 March 2020 at 10:27AM in Budgeting & bank accounts
I have an RBS business account for my limited co. and this qualifies for the £1K switching incentive they currently have on offer to move to an alternative bank. My account was one due to move to Williams & Glyn. One of the offers is to move to Starling Bank - and they seem to come quite well recommended on these forums. I'm tempted to move to Starling as I have hardly ever visited my RBS branch (now closed!) except to pay in the odd cheque and prefer to use online banking/apps to manage things. I have a couple of questions though:
  1. I regularly receive foreign payments in EUR and I'm wondering whether anyone has experience with Starling and receiving international payments? One of their blog postings from 2018 seems to imply they do support receiving foreign EUR/Sterling payments but not USD: https://www.starlingbank.com/blog/how-to-send-money-abroad-bank-less/ Can anyone confirm?
  2. I pay for a myriad of online services (regular payments) using the RBS Mastercard Credit that is linked to my RBS business account. Obviously I'd need to change this, but does anyone know what type of card is offered on a Starling Business account? I have read that it is a Mastercard Debit?

Comments

  • mwarby
    mwarby Posts: 2,051 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    They offer a Euro account for personal customers, I would think they can offer the same for business, I doubt they'd offer the euro account if they can't receive Euro payments.
    Their website states "Run a UK business with links to Europe? Whether you’ve got French suppliers, Portuguese contractors or customers all over Europe, hold, send and receive euro payments with Starling’s business euro bank account. All for just £2 a month"

    The personal account is MasterCard debit, I'd think it would be same for business, their website shows a mastercard on the business account page. There is also a chat option which maybe useful to clarify

  • jaybeetoo
    jaybeetoo Posts: 1,418 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    We have a Starling Business Account and sometimes receive payments in Euros.  Not a problem.

    Starling provide a MasterCard debit card on the Business Account.

    Starling were due to start a credit card last year but no sign of it yet.

    I can recommend Starling for business banking.  You can access your Business Account via the app or via the web site.
  • Polarpenguin
    Polarpenguin Posts: 103 Forumite
    Part of the Furniture 100 Posts Name Dropper
    jimmyhurr said:
    I have an RBS business account for my limited co. and this qualifies for the £1K switching incentive they currently have on offer to move to an alternative bank. My account was one due to move to Williams & Glyn. One of the offers is to move to Starling Bank - and they seem to come quite well recommended on these forums. I'm tempted to move to Starling as I have hardly ever visited my RBS branch (now closed!) except to pay in the odd cheque and prefer to use online banking/apps to manage things. I have a couple of questions though:
    1. I regularly receive foreign payments in EUR and I'm wondering whether anyone has experience with Starling and receiving international payments? One of their blog postings from 2018 seems to imply they do support receiving foreign EUR/Sterling payments but not USD: https://www.starlingbank.com/blog/how-to-send-money-abroad-bank-less/ Can anyone confirm?
    2. I pay for a myriad of online services (regular payments) using the RBS Mastercard Credit that is linked to my RBS business account. Obviously I'd need to change this, but does anyone know what type of card is offered on a Starling Business account? I have read that it is a Mastercard Debit?
    BIB Starling have just added USD currency acounts to their business banking
    https://www.starlingbank.com/business-account/multi-currency/
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