very fast company bank account needed

[DSF70]

I used HSBC.

I would've used the Bank I used to work for, but 1) I kndw they would take too long, 2) I wanted to keep my personal banking separate, especially as an ex-employee, 3) wanted a bank with a local branch.

HSBC were my choice. I filled in their online form on a Tuesday evening, a few email notices later I'd got 90% through. They just wanted a short telephone 'interview' with me. I had that chat the following Tuesday evening, and q5 minutes after had a message with my sort code and account number. Cards and chequebook 4-5 days later, online banking all set up 4-5 days after that.

A decent experience.

My gut feel is that if it all goes smoothly then all seems fine (obviously), but when they mess something up all Banks seems to struggle to rectify things. Not dissimilar to mobile phone companies!

[Lance]

because NatWest assured me some time ago this would be sorted, so I need to pay a supplier on Monday.......... ive already stalled the end client for 2 weeks and I cant pay for insurance to go on site without my invoice being paid

Buy the insurance using a personal credit card and claim as expenses from your company.

[Alan @ BroomeAffinity]

CashPlus. Costs £60 pa but it's a bank account with a visa debit and it's instant set up.

[Scruff]

HSBC. Go into a branch and you could walk out with an Account number and sort code. You won't be able to draw out of the account before Monday, so just accept that as a given.

[TheCyclingProgrammer]

If the amount of money you need to receive is less than £10k and your existing director's loan account is clear then you shouldn't have any problem getting paid into your personal account, show it in your books as invoice paid, credited against the DLA and re-pay once business account is sorted.

[WordIsBond]

You can pay for insurance from your personal account and claim it back as a business expense.

Yeah, if that is all that is needed, that's the easy solution.

If the problem is that someone is actually going to be paying money into your account, I have a creative solution for you. Give them my bank details, and then when you get your account sorted, I'll pass funds on to it. Honest.

[LondonManc]

because NatWest assured me some time ago this would be sorted, so I need to pay a supplier on Monday.......... ive already stalled the end client for 2 weeks and I cant pay for insurance to go on site without my invoice being paid

its all a bit of a mess

You can pay for insurance from your personal account and claim it back as a business expense.

[eek]

Hi
NatWest have seriously made mistakes with me, and its potentially costing me a huge contract.

I need a company account for Monday, or just a sort code and account number, so I get a invoice paid........

unfortunately I would look silly if I had to change this over half way, so its not a option for me to make it a personal account and wait for NatWest to fix this.

I could use another then switch over to NatWest, but they are making me look very very silly

any ideas on this?

Why is your lack of bank number going to cost you a contract. It may delay payment for a week or 2 but that's the most I can see the consequences being.

Also visit a branch and see if they can speed things up

[northernladuk]

because NatWest assured me some time ago this would be sorted, so I need to pay a supplier on Monday.......... ive already stalled the end client for 2 weeks and I cant pay for insurance to go on site without my invoice being paid

its all a bit of a mess

Your accountant can advise how you can use your money as a loan to the company so you can pay whatever you need to and fix later

[knewbold]

You could speak to your accountant who will give you the low down on risks around using personal accounts for the short period.

Why would not having an account cost you a contract? It adds risk around your exposure but nothing wrong with asking for the payment to be deferred until the account is open.

Absolutely nothing wrong with changing accounts mid contract. It's only a bank account. What might be more an issue is asking an agent to pay in to a personal current account.

Banks cock up. It's life. It doesn't make you look silly at all. It's just part of doing business.

You are either overthinking or panicking unnecessarily

because NatWest assured me some time ago this would be sorted, so I need to pay a supplier on Monday.......... ive already stalled the end client for 2 weeks and I cant pay for insurance to go on site without my invoice being paid

its all a bit of a mess

[Agent]

These are the fastest I've ever found, not sure they're that fast but worth a look

Online Business Account & Business Credit Cards Alternative

[northernladuk]

You could speak to your accountant who will give you the low down on risks around using personal accounts for the short period.

Why would not having an account cost you a contract? It adds risk around your exposure but nothing wrong with asking for the payment to be deferred until the account is open.

Absolutely nothing wrong with changing accounts mid contract. It's only a bank account. What might be more an issue is asking an agent to pay in to a personal current account.

Banks cock up. It's life. It doesn't make you look silly at all. It's just part of doing business.

You are either overthinking or panicking unnecessarily

[BrilloPad]

If you got a new bank account by Monday, the money laundering people would have kittens.

LLoyds are excellent. But take 3-4 weeks!

[knewbold]

Hi
NatWest have seriously made mistakes with me, and its potentially costing me a huge contract.

I need a company account for Monday, or just a sort code and account number, so I get a invoice paid........

unfortunately I would look silly if I had to change this over half way, so its not a option for me to make it a personal account and wait for NatWest to fix this.

I could use another then switch over to NatWest, but they are making me look very very silly

any ideas on this?