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Business bank account for Vanguard SIPP deposits?
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ltdmortgage
Posts: 8 Forumite

Hello everyone
I am looking for a free business bank account that can be used for Vanguard SIPP deposits.
I have two bank accounts already (always good to have a backup) but neither are accepted by Vanguard for SIPP deposits as they are "e-banks" and not "proper banks".
This new bank account must have no monthly fees as it is only going to be used for SIPP payments.
I have ruled out Monzo as they rejected my application last year.
Starling ruled out as they are making me jump through ridiculous hoops.
Vanguard doesn't list Tide as an accepted bank for depositing SIPP.
Co-operative ruled out due requiring some garbage HID Approve app to use it.
Possibly Virgin M Account for Business? Looks like no fees for bank transfers? The only downside I can find is they may not support Freeagent.
Any other suggestions are appreciated!
0
Comments
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I have M business account for my Ltd. I also had a SIPP account with Vanguard. There was no problem to transfer money from M Virgin Account to Vanguard SIPP account. I actually could use the debit card to do that.
I transferred my SIPP not to Fidelity and still have no issues to move money from Virgin account to Fidelity SIPP.
I do not use FreeAgent for accounts, so cannot help you with that.0
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