Who are people with for their business accounts?
Ideally looking for a free service?
Thanks
Ideally looking for a free service?
Thanks
). It used to be a doddle twelve years ago, when I set up my first Ltd. Every high street bank threw resources at you to try to get you to open an account with them. When I had to set up a new Ltd again in 2009, it was a nightmare finding anywhere to open an account as a small business. Even though I wasn't looking to borrow any money, most of them were looking for some sort of personal asset to guarantee my business account; I guess they must have had problems with businesses loading up credit cards then going bust. Barclays was free for the first year, and now costs me about £5 a quarter for a current account with Visa and online money transfer facilities (it'd be much more if I wanted to process cheques or lots of small cash transactions the way a corner shop might, but since I don't do much of that it's an OK arrangement).

Comment