Friday, April 8, 2011

How do i look for a good business bank account? Any recommendations? -

Ask other business people who they use and what their experiences are. We started with RBS and left them when we didn t like the way they handled a funding application. We ve been with Lloyds ever since but the service is mediocre.They re all much the same but look for good deals on charges. All of them offer a period of free banking when you start. It s what they charge afterwards that matters. Alliance and Leicester offer permanent free banking depending on how much you pay into the account. It s worth checking what doesn t fall into the free category.Good luck!

You need to shop around. Our business banked with Lloyds they gave us 18 months free banking. We did find they were very helpful, but it will depend on each individual business Bank Manager.

just check out transaction costs at a couple of banks - per check and per deposit/deposit item charges

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