trouble getting a bank account

[deltaminus]

opening bank account

NatWest and RBS both have a 'Foundations Account' for directors or self-employed people who might be turned down elsewhere.

It may help to go under an umbrella for a while, until you can straighten things out.

regards

[TheBigYinJames]

I had to suspend paymnts on car loan and credit cards.
I got a few deaults as a result.
My company was dissolve becasue it oweb the cown more than it had in the bank
Now I am struggling t get a bank account for a new company.
Any advice appreciated

I think it's jolly good the banks are refusing people these days. Not nice for you, obviously, but running a company is not a game - if you mess up, there are consequences.

[cojak]

Duck.

Incoming!

[RichardCranium]

I've spent much of the day reading through some open source code from a researcher in Sony's Playstation team, with occasional dips into somebody else's PhD thesis

With half-an-ear on the Budget earlier, of course.

So not gone to bed yet, then?

I checked & re-laid out a neighbour's PhD thesis on racism in the USA. It was a fascinating, well-written and thoughtingful read. Not what I expected at all. But then realised you have to be clever to do a PhD and being able to present an argument in a coherent way is a requirement.

He went on to be a teacher. I wonder if that means he has wasted a PhD or if he is inspiring a new generation?

[NickFitz]

I am being I know but I have to ask ... NF: this is a funny time of day for you to post. Are you just getting up or finally going to bed?

I've spent much of the day reading through some open source code from a researcher in Sony's Playstation team, with occasional dips into somebody else's PhD thesis

With half-an-ear on the Budget earlier, of course.

[Paddy]

I have been ill more than a year with very severe back and neck pain caused by RSI.
I am now ready to work again though still in some pain.
My money ra out and I had to claim sickness benefit.
I had to suspend paymnts on car loan and credit cards.
I got a few deaults as a result.
My company was dissolve becasue it oweb the cown more than it had in the bank
Now I am struggling t get a bank account for a new company.
They do a personal seach for company accounts and turn you down if they find defaults.
Can anybody advise?
Does anyone have an established company (without debts) to transfer.

Any advice appreciated

I you are not a sockie; here is the answer.

Buy a book on setting up limited companies.

Get two friends or relatives with a good credit rating to be directors, get them to open up the bank account. Once the account is opened they can resign and you then get appointed. The Bank account is for the limited company, not for an individual.

[RichardCranium]

The sooner the forum gets reorganised so that genuine queries don't end up in General where people hurl abuse at the poster, the better.

I am being I know but I have to ask ... NF: this is a funny time of day for you to post. Are you just getting up or finally going to bed?

[NickFitz]

The sooner the forum gets reorganised so that genuine queries don't end up in General where people hurl abuse at the poster, the better.

(Although that will make it more difficult for the imbeciles who think sockpuppets are fun, as it will be obvious that they couldn't have ended up in General by accident.)

[Clippy]

Have you tried bleeding your radiators?

[worzelGummidge]

Does anyone care?

[RichardCranium]

Your only options are:

- go permie;
- go brolly;
- pick another industry and go self-employed.

Edit: I am wrong. Simplified version:

Get someone else to make you a director.
Get the bank to accept you as a signatory.
The other person ceases to be a director and tells the bank.
You then have a company and its bank account.

This is how naughty bankrupts get back into business when they shouldn't.

[northernladuk]

How amusing. Sockie appears at exactly the time a discussion on having bank accounts appears on the forum.

Very clever

[Mich the Tester]

You are Sasguru; you maxed out your credit card at le Gavroche and I claim my free sockpuppet.

[realityhack]

Any advice appreciated

Duck.

[aiminhi]

I have been ill more than a year with very severe back and neck pain caused by RSI.
I am now ready to work again though still in some pain.
My money ra out and I had to claim sickness benefit.
I had to suspend paymnts on car loan and credit cards.
I got a few deaults as a result.
My company was dissolve becasue it oweb the cown more than it had in the bank
Now I am struggling t get a bank account for a new company.
They do a personal seach for company accounts and turn you down if they find defaults.
Can anybody advise?
Does anyone have an established company (without debts) to transfer.

Any advice appreciated