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Banking Recommendations (Freeagent compatible) - Tide or others?

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    #11
    Originally posted by Asmith View Post
    Seems the problem with Starling is can't have multiple persons of significant control. My LtdCo is 50:50 myslef & spouse, so looks like Starling is a no go for me. Seems that the challenger banks have their pros and cons. Tide accept multiple PSC but no FSCS protection; Starling covered by FSCS but don't accept co-owned companies. So trying to decide whether to accept whatever compromise they bring or stick to traditional high-street known bank. As I said in original post, probably over thinking it.
    FYI - Starling use Companies House 'persons with significant control' data - as you are 50:50 then both of you should be listed there. If for whatever reason only one of you is listed, then (a: that's wrong and you should get it updated !) b: Starling will probably accept you.
    But ... you should then tell Starling of any significant changes, such as the PSC data getting updated

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      #12
      We've have some clients who are with Starling and they seem impressed by them. I would recommend looking out for any hidden charges as some banks charge per transaction etc.
      www.inniaccounts.co.uk

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        #13
        Not metro / they are going down


        Sent from my iPhone using Contractor UK Forum

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