Which Bank

[darkstar]

My daugther-in-Law is about to start her own business.
Which Bank would you recommened for a Business account.....thanks

[Oneeyedvic]

Speaking as a finance broker who has relationships with all of the banks at varying levels, I can honestly say that they are all much of a muchness.

She really needs to sit down with a business manager and see who she gets on with best.

They are all offering pretty similar deals with regards free banking, and I feel that the relationship she has with a bank manager is more important than the few quid a month on bank charges.

Obviously it also depends on if she is looking for many facilities (overdraft / loan etc)

I would really, really, really recommend against any form of telebanking for business accounts.

[rugeleyboy]

i have a lloyds tsb account!! i have been told that the royal bank of scotland is maybe one of the best to be with?

but as oneeyedvic say's..they are all much the same!! the best thing i could reccomend is to have meetings with them all and ask what they can offer her!!

[rugeleyboy]

sorry ,forgot to add that my bank manager is crap!!

[Snowy Owl]

My OH and his brother have used the Royal Bank of Scotland for a business account for around 20 years now. Say no more.

[bricro]

Royal Bank of Scotland...well it does pay my pension!!

[darkstar]

Many thanks, I will pass it on

[stevie21]

A good friend of mine is with Hfax/BOS and is charged forever single transaction (even on a new account - none of this introductory cheapness for her!). Abbey, last time I walked past, had a poster saying that they offered free business banking.

Shop around

[stevie21]

oops - that should read, "for every single transaction".

[auzzie]

Try Abbey, free business banking but has certain criterias. We have never had any bank charges as yet. Been with them 3 years. One thing though, It's internet based. All transactions are via post or hole in the wall! Still worth it.