Hi lifenitsoeasy, appreciate that, it does have the following criteria though
font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Please confirm the following points are correct for you and other parties to the business:
You are resident in the UK (and not the Channel Islands/I.O.M)
You are 18 years of age or over
You or your business/previous business(es) have not had any County Court Judgements in the past 6 years.
Are not currently bankrupt and have not been within the past 5 years
Just wonder if the IVA will fall into the same category as the bankrupt bit.
WalesDave - Many thanks I will try them next week, but Barclays were one of my creditors, were they one of yours and/or were you banking with them personally before asking for a business's basic account ?
I did find the one account
http://www.cardonebanking.com/business/ but again it has a maximum balance allowance and if anyone tried to credit that would take your balance above that it will bounce back which would be embarrassing and a problem.
I did some more digging and found a website called extra direct.
http://extradirect.co.uk/faqs/
They have said they can get me a bank account with a European provided but will have a uk sort code and account number, and a parallel European one. it is a non uk European bank apparently - checks are ID ones and company details and business, no cap on balance, but it's expensive £245 to setup.
It is only a bank account with online banking, it was suggested to use this in parallel with a cashplus or cardone account, they said if they did the cardone application they would get my first 3 months banking free too, so effectively a normal bank account with europ options too.
I was going to have a smaller parallel account anyway for card transactions for security reasons.
Does anyone know what bank it actually is, in the details they sent me I can't identify the bank thought any clues from the website or this that they sent me
font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Guaranteed Acceptance, No Visit Required and No Monthly Fees.
It is an online business account which offers a UK sort-code & account number enabling you to make & receive UK payments and a Euro account which will allow you to make and receive Euro SEPA and SWIFT payments plus receive any International payments into your Euro account, so whilst more basic than a mainstream bank account, it will give you Internet banking allowing you to control the funds inside the account and opened in your UK Limited Company’s name.
If you require to send payments abroad we will also be able to open you an International Payments account which will then give you the option of sending payments anywhere else in the world.
Online Business payment account for UK residents.
Opening times options once all necessary documents have been received:
Standard (7-10 days) £245.00
Express (24-48 hours) £295.00
Any additional Director or Shareholder - £50.00 each
Minimum opening balance: £50.00
Account details include:
UK Sort-Code & Account number (Money held at Barclays bank)
UK Faster & BACs Payments
Internet Banking
Unlimited balance on account
No Cash, Cheques or Card available
No Contracts - cancel at anytime
Transaction payments - 0.49p each (credit or debit)
NO MONTHLY FEE
Euro Account also included:
SEPA & SWIFT Payments
IBAN/SWIFT Code included (Money held at BNP Paribas)
Transaction payments - 0.49c each (credit or debit)
NO MONTHLY FEE
Application is based on ID and for UK Limited Companies only
Documentation required includes:
Copy valid Passport/photo ID
Proof of home address with past 90 days (suggest two separate ones where possible)
Proof or evidence of Business activity