UK Business Bank Accounts

Posted by Alex Monro on April 29, 2009 under Miscellaneous | Be the First to Comment








It really does not matter a great deal 
-  you get what you pay for.  A busness account will cost a lot
more  -  but you will get much better

service.  If your account is going to be small
initially and you are not likely to have to borrow money at any time, then there
really is no

point in having a business account.  But once
you start putting serious money through you will need a business 
account.  I have a busness account with Barclays and have found them
OK.  The personality of the local busness manager does not really matter as
lending decisions are made on strict criteria and are taken with the aid of a
computer model. You are judged by what you have done, not by what you say you
will do!

best wishes with it

AHM


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Sent: Wednesday, April 29, 2009 4:43
PM

Subject: [entrepreneur-1056] UK Business
Bank Accounts


Hello All

I’m setting up a business bank account for my
company, and I haven’t heard great things about banks and their treatment (or
lack of) business account customers.

Do people have any suggestions?
Also, should my choice be between companies (i.e. HSBC vs. Abbey) or based on
other factors, like number of branches, or proximity to my house / office, or
does it just come down to getting a good bank manager and hoping he doesn’t
move branches / jobs?

If this makes a difference, bank loans are not
going to be needed in the near future (though an overdraft never hurts), and
our weekly transactions are expected to be low, as we are an IT consulting
company.

Many thanks

stony
href="http://citrusconsultants.com">citrusconsultants.com




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