Originally posted by JonSmile
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Reply to: Business Saving accounts
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Previously on "Business Saving accounts"
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another vote for abbey
free and fairly painless to use.
``cheques in, and direct payments out..
simple to move cash to the reserve account and the interest seems good as well
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I have my business accounts at Abbey - Business Bank Account as the business current account and Abbey Business Reserve as savings account.
Both accounts come with free banking which is good if you need an account just to receive funds and then pay straight out as I do. You can also transfer funds between accounts (instantaneously) as well as transfer funds electronically. Self service is not the easiest to use on the website, but hey, its free...
Cheep and cheerful - probably all that is needed for the 'typical' IT contractor.
Hope this is of use
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Look at northern rock as well - business reserve account pays circa 5%.
You can credit the account by raising a payment from your currenct account, either cheque or on-line transfer. Withdrawals have to be requested via post but the funds are then electronically transferred to the account you nominated during the application process.
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cater allen
cater allen account. their parent company is santander which is pretty safe is current enviornment (at least till now it looks life safe, bu u never know).
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Business Saving accounts
What Business Savings accounts do you guys use?
I'm banking with Natwest at present and who like to move some of the business cash into a High interest Business savings account
What do you recommend?
Is it then just a cash of transferring cash between my business current account and a business savings account?Tags: None
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