Business Banking: getting a buisness account (Merged Threads)

Longdean_2005

Hi,

With so many offers it gets confusing! Does anyone have any suggestions as to which Bank offers the very best bank account for a new small business? I'm looking for interest on the money in the account and no charges whether paying cash/cheques over the counter, ideally not just for 18 months but permanently. If the Bank has an ethical policy then so much the better. Any ides as to where I should look would be most gratefully welcome.

:beer:

chodges84

You could try abbeys business banking (https://www.anbusiness.com). Its free forever, so long as you don't put more than £3000 a month in, offers interest etc.

You can't put money in over the counter, it has to be through a cash machine (same with cheques). You can Post cheques to them however, which is great if their isn't one in your area.

john1965_2

probably not the right forum but i give it a go Hav been unemployed 12 mths decided to go self employed. Need to open a buisness account.Only problem is i have some debts and ccjs what option have i available thanks

Jenners

Hi,

I have a couple of defaults on my file and have recently opened a business account with Nat West, you get a solo card and a cheque book which is all you really need.

Who do you have your personal account with ? They may be able to open a business account for you, as most of the banks are not as strict with their business banking.

Good luck with your new venture.

Jen

john1965_2

hi jen i havent got a personnel account when i was working my money went in to my partners account i was unable to open one for myself

Mark7799

Doubt if you'll get anything that meets all the criteria you specified - you'll need to decide what's most important.

"free" banking permanently - try Abbey
ethical policy - probably Co-op
interest on the money - shop around

What about things like quality of service, accessibility for you, internet banking facilities etc?

paulb567

chodges84 wrote:

You could try abbeys business banking (https://www.anbusiness.com). Its free forever, so long as you don't put more than £3000 a month in, offers interest etc.

It limits you to £3000 cash a month before it charges you. You can make unlimited amounts of cheque and BACS deposits free of charge. See http://www.anbusiness.com/services/charges_interest.shtml#freebank for details.