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Posted: Sun Jun 07, 2015 7:50 pm
by Jayne.pn
Hi, I need to set up a business bank account and would welcome any advice. Would it be worth approaching high street providers or should I go straight for the no credit checks accounts with fees?
Many thanks.
Posted: Sun Jun 07, 2015 8:06 pm
by lifenoteasy
Yorkshire bank might be an option but to be honest depending on what you need mycashplus is improving all the time.
Posted: Sun Jun 07, 2015 8:08 pm
by Foggy
Some have had success with Barclays ( surprisingly) but due to the intervention of Managers and Underwriters. More often than not "computer says no" is as far as they get.
Posted: Mon Jun 08, 2015 7:23 am
by luluj
Business bank accounts appear to have toughened up ... we have just sorted one out 5 years after our IVA finished and had to jump through hurdles to get it. Lloyds have been good with us.
Posted: Mon Jun 08, 2015 11:09 pm
by Jayne.pn
Thanks for your replies, great advice as always.