Best business bank account

[cornwallwindows]

Hi,

I'm going to be setting up a business bank account in the next week.

Would be good to know some people's views on the best one around? I don't want to get ripped off by greedy (b)ankers!

Cheers!

 

[Smurf]

Think best you shop around for the best deal bud. Most will give a free period then after that you will pay a monthly fee plus additional transaction fees.

 

[Gavin]

As smurf said you really got to look around. They change often with offers and rates. When I set up I found Santander business account very good for me but could not say if it is still as good in comparison to others or not.

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[PureClearYork]

If you join the Federation of Small Businesses you get free banking with Co-op Bank. In fact they pay you £25 each year to have an account with them. Other benefits to being part of FSB so may be worth the fee....about £120 annually. I've found them to be ok.

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[shazzy692002]

I am with Santander, as its free. The reason its free is cos you cant do transactions over the counter, only thro the cash machines. They send me envelopes out and I put cheques/cash in them and use cash machine, ideal for me. I check my account online, and receive monthly statements.