I keep being turned down for a business account. Are there any banks that would accept me ?

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Barry.jy

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Post by Barry.jy » Sun Dec 22, 2013 9:43 pm
Can you help me I have signed a contract that allows me to pay of my Iva fully in 6 months but I need to open a business account I keep being turned down (it is a limited company)

Are there any banks that accept me with my IVa
 
 

UpToMyNeckInIt

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Post by UpToMyNeckInIt » Sun Dec 22, 2013 9:59 pm
Barry,

Try 'CashPlus' and 'Card One Banking'. They operate card-based business accounts. Fees look good as well.

Google them, and see how you get on.

Good luck.
My opinions are just that: Based on my experience and being a self-employed IVA customer.
 
 

atomicdev

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Post by atomicdev » Mon Dec 23, 2013 9:40 am
Hi, I had the exact problem so here's what I did. My dad was added on as a director of the LTD company and he opened up the business bank account in his name with me as an additional account holder. 12 months later I removed him as another director and kept my business bank account in my name. You really just need to find a good friend or family member willing to do this for you (and of course they need a good credit rating). I would always recommend using a high street bank as you will always get the best deals.
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