NATWEST Business Account - Passport?

[Kanye]

They are recorded differently. It's fine for accounting - no problem there, but a bit of PITA for getting loans/mortgages etc.

I was offered a mortgage based on payslips and divi vouchers that were printed out from FreeAgent. All of my salaries are transferred using Barclays online.

Not being argumentitive - just offering genuine advice! I don't think you have a problem here.

[RasputinDude]

You are solving a problem that isn't there. I didn't say that it was a problem, I said that it was a PITA. Then you asked the difference, which I replied to.

I was attempting to answer this question:

What do you mean your personal and business banking will be linked?

Not solve any problems of my own.

[northernladuk]

What's the difference between a transfer and a payment?

Does it really matter if its accounted for properly?

I would rather have the convenience of having my money in one place & easy transfers between the two and just live with this.

In this day and age I wouldn't think having them physically with the same bank really makes a difference? Just because you see two entries on the screen it doesn't mean you have them in the same place, the business and consumer elements will still be totally different. Transfering them between each other will be no less complicated than between banks either.

I can see how it works but such a minor benefit in this day of tech, and when that bank screws up you have lost access to both accounts.

[RasputinDude]

and when that bank screws up you have lost access to both accounts.

And therein lies another reason for moving away from Barclays.