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Business bank accounts for an unlimited partnership
TheShuck
Posts: 4 Newbie
A few sole traders and myself are in the process of setting up an unlimited partnership for a small business. I want a business bank account, something very cheap/free to run and simple. Lots of the new online bank accounts are restricted to sole traders and limited partnerships only. Are there any recommendations for unlimited partnerships please? Thanks.
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Comments
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Try one of the traditional High Street banks. Shouldn't be an issue.0
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Agree, no problem with the traditional banks, it's just the app-based ones that seem to be unable to do partnerships.Thrugelmir said:Try one of the traditional High Street banks. Shouldn't be an issue.
Most of the High Street banks have intro offers (no charges for a year or two) for new business accounts. So shop around (there are plenty of reviews and comparison sites online that will tell you current offers)0 -
I am in a partnership and have an account with HSBC. I couldn't find anyone that would offer us free banking after the introductory offer, even though we have very few transactions going through the account (our maximum number of transactions is about 8 per month).The comments I post are my personal opinion. While I try to check everything is correct before posting, I can and do make mistakes, so always try to check official information sources before relying on my posts.0
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Switch it to another bank that has an intro offer for a switched business account. It's easy. And, when the intro offer finishes, switch again.tacpot12 said:I am in a partnership and have an account with HSBC. I couldn't find anyone that would offer us free banking after the introductory offer, even though we have very few transactions going through the account (our maximum number of transactions is about 8 per month).0
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