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Best bank account for a Not-for-Profit company?
pitahau
Posts: 1 Newbie
Hi
I have a new NFP that will receive money from grants and donations.
I want to set up a simple bank account that also has an online banking facility and is FREE banking, if there is still such a thing? This is not for a charity.
Any advice which bank offers the best accounts based on this would be appreciated.
Thanks
I have a new NFP that will receive money from grants and donations.
I want to set up a simple bank account that also has an online banking facility and is FREE banking, if there is still such a thing? This is not for a charity.
Any advice which bank offers the best accounts based on this would be appreciated.
Thanks
0
Comments
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The not-for-profit is irrelevant what you want is a business bank account you could look at starling1
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What is the projected turnover for next 12 months?0
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Another recommendation for Starling - I've been using their business bank account since they first started.0
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Most high street banks offer Community Bank Accounts that are free to use. It's basically a business account but with no fees.
I currently use Barclays and it's OK, a total faff to change bank signatories or order a debit card.
You can also get a deposit account that pays a small amount of interest.0 -
Not sure Starling is the best option here. Or you'll even get their business account0
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