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Business bank account recommendations

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    Business bank account recommendations

    I'm just in the process of setting up a limited company and will need a business account. Can anyone recommend a good bank. I will not need to use it much so would like it to
    1) be free
    2) Have a cheque book
    3) Maybe a debit card
    4) Have a good interest rate as I may be leaving big chunks of money in there for the taxman.

    Any recommnedations gratefuly recieved.

    #2
    I've recently mored from Cater Allen to Abbey, both are OK, Abbey pays less interest but has Internet banking
    Your parents ruin the first half of your life and your kids ruin the second half

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      #3
      Barclays are very good. Set mine up a year or so ago, and then even moved my personal account to them. I've got business current and savings accounts, interest is not bad considering that business accounts generally pay f all.

      It's very easy to transfer funds between all accounts (for example, paying your salary, or dividends, expenses etc) and you can manage your account online.

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        #4
        Taz - just as a matter of interest, are you referring to the PCG members account Barclays are offering? I'm wondering if it's as good in practice as it looks on paper.
        His heart is in the right place - shame we can't say the same about his brain...

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          #5
          Same as above, went from Cater Allen to Abbey Business....

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            #6
            Looked at Cater Allen and Abbey business. Abbey looks most suitable for me. Will probably open two acccounts....the low interest everyday business one and the better rate Business Reserve one for my tax payments.
            Thanks

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              #7
              Originally posted by Mordac
              Taz - just as a matter of interest, are you referring to the PCG members account Barclays are offering? I'm wondering if it's as good in practice as it looks on paper.
              Nah never saw that one, went direct to Barclays myself.

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