📨 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!

Bank accounts for clubs.

Options
 I am secretary of a club banking with Nationwide, who have told us they won’t accept money being paid in soon. We applied for a Lloyd’s club account, and have been refused.  Looking around for other club accounts, but would be grateful for any recommendations.
Pete

Comments

  • RN61
    RN61 Posts: 154 Forumite
    Part of the Furniture 100 Posts Name Dropper Photogenic
    TSB Business - Club and Charity account. It's decent for FREE! My badminton club uses it and you can have more than one person logging into the account, making online payments etc. But each first  has to attend branch with specified ID for approval and process takes awhile. Money can be paid in at the Post Office (still using a paying in book last time I did it!). App works okay on Android and iPhone. No debit card. If you're buying anything for the Club little option but to use your own card then refund yourself in online banking. You can get a contactless reader, free for first £1k in payments. 
    https://www.tsb.co.uk/business/ 
  • Help - please.
    (I know the original post from @Forumite is a bit old, so thi may not get seen)
    I have been to that TSB link
    Cannot see any mention of Club Accounts. Do they still exist?
    Thanks
    S

  • Ebe_Scrooge
    Ebe_Scrooge Posts: 7,320 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    wimphot said:
    Help - please.
    (I know the original post from @Forumite is a bit old, so thi may not get seen)
    I have been to that TSB link
    Cannot see any mention of Club Accounts. Do they still exist?
    Thanks
    S

    What is it specifically you're looking for?  Many of the high-street banks offer "club accounts" (admittedly, they may start charging a fee after the first year or two, much like business accounts).  Could your requirements be met by one (trusted!!) member of the club simply opening a new ordinary personal account to hold club funds?

  • penners324
    penners324 Posts: 3,512 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    We use Barclays Community account. 
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
  • 351.1K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599.1K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.5K 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.