Business banking

[Studio One]

What's the best bank account out there for businesses just now?

 

[BannerPenguin]

I used Starling. Digital only bank on the app. 24/7 customer service, account open in 10mins. No fees. Can't go wrong. And a fully licensed bank unlike other options.

 

[alanaabdn]

I use coconut, its brilliant does your taxes for you. Use my link below and I believe you get £10
I've been using Coconut for my business banking and accounting. Use my invite link and try it out: https://r.getcoconut.com/I6b3QO/
Alana

 

[BannerPenguin]

I use coconut, its brilliant does your taxes for you. Use my link below and I believe you get £10
I've been using Coconut for my business banking and accounting. Use my invite link and try it out: https://r.getcoconut.com/I6b3QO/
Alana

Problem with Coconut is they aren't a bank so your money isn't protected by the Financial Services Compensation Scheme. They say it's ring fenced and not invested but I prefer my money protected by the government

 

[SparklesLeah]

Bank of Scotland, it’s free for 18 months

 

[salonfrog]

Just a couple more points:

If you have to deposit cash regularly, ensure there’s a branch nearby.

Also watch charges as there’s sometimes additional fees for transfers or cash withdrawals for example that’s not covered in the monthly charge.