Bye bye Coop, new recs for company bank

[Spoiler]

I'd recommend Starling.

I was first with Metro - no real problems although had to call them a couple of times to sort stuff out. At the time you had to keep min £5k balance in the current account else you got charged fees. Not sure if it's the same now?

Moved to Starling ~18 months ago and no issues, FA integration working well. Only "issue" I hit is the restriction on individual transaction amount, but I worked around that.

[WordIsBond]

Quite happy with Starling (other than the £25K daily limit, which is absurd for a business account). Xero feed is seamless.

I'd be hesitant about Metro personally just because of all their bad headlines recently. Not sure these people really know how to run a bank. But I think generally customer service reputation is quite good.

[ladymuck]

Please ignore me if all is understood but, as I am aware of a similar thing through Cater Allen vis a vis Open Banking, thought I'd chip in.

Cater Allen currently use a Yodlee feed to connect them to Xero. Am told that this feed will no longer work after 14th March.

Cater Allen need to sort some Open Banking functionality to allow seamless connections to Xero by 14th March.

Is the question above considering similar issues? This of some 3rd party feed no longer working after A Date? Starling and Metro may currently have feeds but the question may be to see for how long they have them.

Apologies if all already covered.

Yep, as MrMac says, that's what this is all about

[SimonMac]

Please ignore me if all is understood but, as I am aware of a similar thing through Cater Allen vis a vis Open Banking, thought I'd chip in.

Cater Allen currently use a Yodlee feed to connect them to Xero. Am told that this feed will no longer work after 14th March.

Cater Allen need to sort some Open Banking functionality to allow seamless connections to Xero by 14th March.

Is the question above considering similar issues? This of some 3rd party feed no longer working after A Date? Starling and Metro may currently have feeds but the question may be to see for how long they have them.

Apologies if all already covered.

yes, any feed that uses yodlee (the most common middleman) will stop working on the 14th March.

You will need to setup an open banking link but some banks (mainly the smaller niche ones) do not have OB yet, I am surprised Coop hasn't got something though

[simes]

Please ignore me if all is understood but, as I am aware of a similar thing through Cater Allen vis a vis Open Banking, thought I'd chip in.

Cater Allen currently use a Yodlee feed to connect them to Xero. Am told that this feed will no longer work after 14th March.

Cater Allen need to sort some Open Banking functionality to allow seamless connections to Xero by 14th March.

Is the question above considering similar issues? This of some 3rd party feed no longer working after A Date? Starling and Metro may currently have feeds but the question may be to see for how long they have them.

Apologies if all already covered.

[adubya]

Starling here, plays nicely with Freeagent, instantaneous updates.

[eek]

Sage One are claiming Amex aren't part of Open Banking so I kindly shared with them the form where they can register to access the API... Oddly enough, Sage haven't acknowledged that.


Edit: and in answer to the OP. I have a personal account with Metro and not had any issues. I haven't had any business account dealings with them

I know the CRM team at Metro - it's a decent enough system...

[quackhandle]

You'll not get better FreeAgent integration than with RBS/Natwest

I was "forced", with a payment of 3k, to move from RBS.

qh

[SimonMac]

I got a link from FreeAgent last night about banks which are using the OpenBanking Scheme.

Which bank feeds does FreeAgent support? – FreeAgent

On that list most are Available and some are TBC. Only one has "Not Available", yes that is the Co-operative Bank. Tweeted them this morning and their response was, "erm, we're looking at that, we'll get back to you."

So, looking for recommendations, particularly Starling and Metro Bank.

TIA

qh

You'll not get better FreeAgent integration than with RBS/Natwest

[ladymuck]

Sage One are claiming Amex aren't part of Open Banking so I kindly shared with them the form where they can register to access the API... Oddly enough, Sage haven't acknowledged that.


Edit: and in answer to the OP. I have a personal account with Metro and not had any issues. I haven't had any business account dealings with them

[Lance]

I recommend Starling and Metro Bank....

Is that what you wanted????

[SuperLooper]

I'm a huge fan of Starling. The FreeAgent integration is seamless.

[quackhandle]

I got a link from FreeAgent last night about banks which are using the OpenBanking Scheme.

Which bank feeds does FreeAgent support? – FreeAgent

On that list most are Available and some are TBC. Only one has "Not Available", yes that is the Co-operative Bank. Tweeted them this morning and their response was, "erm, we're looking at that, we'll get back to you."

So, looking for recommendations, particularly Starling and Metro Bank.

TIA

qh