Business Bank Accounts - what to look out for

[CloudWalker]

Too early to comment really, but my CA account was opened through an accountant, so the minimum balance was waived (I think that only applies to a cold application). I've been waiting several weeks for the internet banking password though. They separate out posting the various IDs/passwords by multiple business days, which makes sense for security, I suppose, but it extends the wait enormously. Nice to have an actual person on the line immediately rather than an automated system.

Yes just found out as As Clearsky are referring me, the £5k has been waivered.

[Clare@InTouch]

Yes just found out as As Clearsky are referring me, the £5k has been waivered.

Cater Allen tend to do that for all introducers, it's just if you go direct that you need the minimum balance. Handy as it gives your accountant read-only access to your account too, so they don't need to chase for bank statements at the year end.

[TheFaQQer]

Yes just found out as As Clearsky are referring me, the £5k has been waivered.

waived

[northernladuk]

waived

BOOOOM!! TF is in the house!

[mudskipper]

BOOOOM!! TF is in da house!

FTFY

[Sausage Surprise]

Cater Allen here for almost 5 years. Hasn't cost a single penny. I do everything online but on the 3 or 4 times I've had to call them it's been in answered within 3 or 4 rings, by a person who's dealt with the call quickly, efficiently and professionally with passing me around from dept to dept.

No complaints from me, great bank, can't recommend them highly enough.

This for me too...been with them 7 years

Edit: Just realised this is an old thread that I've already commented on !