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Guaranteed Business Bank Accounts

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Comments

  • Which companies did you guys use?

    Thanks,

    Bad_Credit
  • !!!!!! of this is a scam, if you cant get a business account at a bank you aint getting one via a proxy service, your getting ripped off.

    And these people want to open a business account presumably to run a business, god help the business LOL
  • vikingaero
    vikingaero Posts: 10,921 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Some introducers will get accounts opened for you because of the volume of business they can put a banks way. The banks know that sometimes the introducer will have a % of bad credit cases that they wouldn't normally consider but will do so for the sake of the total business being put their way.
    The man without a signature.
  • nexus2011
    nexus2011 Posts: 418 Forumite
    Interesting as 2 newbies with a few posts get togther to spam a company.
  • I work for a company that sets up limited companies and we frequently have this issue with our customers not being able to set up accounts because of adverse credit etc.

    There are options but they are quite tricky, I would be surprised if a company could open an account for you at a bank where you would be refused on your own merits. We work very closely with HSBC ad also Barclays and no means no at both of those banks.

    The only 2 options I've seen in my experience are the Natwest Foundation Account, it is a basic account for people with poor credit etc, but is NOT guaranteed, if your circumstances are too iffy they will refuse you. The only guaranteed account is the Halifax Treasurers Account, but this is a minefield as nobody at branch level has a clue it even exists, let alone how to open it. If you go to Halifax's website and search for it there are pages available but you can't even view them, that's how buried this account is. However if you are utterly desperate this may be your only chance, it does exist and you can have it so just get down to a branch and be prepared for a long day, the end result however should be an active business bank account.
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