[arsenalhu]

Hi everyone.

I am depositing around 400 cheques + £6000 cash each month into my Natwest business account. And now the free banking is over(LTD). And they will charge me £0.33 per each cheque + £0.95 per £100 cash.

I am willing to pay some money for their services but not around £180 per month. At the end of the day they using my money!!

Does anyone know a bank which does not charge that much?

I know Metro bank used to do like "bulk cheque payment". It was counting 100 cheques as one if you asked for bulk payment. They do not do it anymore. Same with Santander.

I can work my way around the cash problem but not the cheque.

Thank you,
Nandor

[PoleKing]

Try this:
http://www.santander.co.uk/uk/business/current-accounts/business-current-account/

[p1w1]

natwest also do an account with a straight £25 a month charge no matter what or how much you pay in.

[Dannymackreturn]

Is that all I'd give up and go and earn some proper money.  
Not sure if your trying to show off I think you should phone up some banks or look online to see what the charges are. Tut wouldn't bother getting out of bed for that meezley ammount !!!!!

I would say join my bank, but it's a minimum of 1 million in your account O well keep at it pmsl !!!!!

On another note it's not bad lil turn over so why worry about the small bank charges 👳👳👳

[martin hulstone]

Agree with danny, sure your accountant or secretary can find you a better deal!!!!!

[Soupy]

Try this:
http://www.santander.co.uk/uk/business/current-accounts/business-current-account/

Santander are a shower of c words.

[Tom White]

Try this:
http://www.santander.co.uk/uk/business/current-accounts/business-current-account/

Santander are a shower of c words.

Cup, cute, cuddly, corporate, cuckold, cuckoo, catch, camp, caught?

[ben M]

Try this:
http://www.santander.co.uk/uk/business/current-accounts/business-current-account/

Santander are a shower of c words.

what do you mean?

[Soupy]

Rude language:

link

[koopmaster]

put the cheques into your personal account

[Soupy]

Try this:
http://www.santander.co.uk/uk/business/current-accounts/business-current-account/

Santander are a shower of c words.

what do you mean?

Douche de cons

[ben M]

Try this:
http://www.santander.co.uk/uk/business/current-accounts/business-current-account/

Santander are a shower of c words.

what do you mean?

Douche de cons

lol,why that?

[Soupy]

Spaniards? In charge of money? Really?

[Dannymackreturn]

Tosh you on the heavy stuff m8 !!!

All I can say is if your paying in 6K & 400 cheques every month you earning a fair wedge there so why worry about the little bank charges I don't understand  !!!!

And the same as what Tosh is saying and drinking !!!!

[LT carpet cleaning]

Tosh you on the heavy stuff m8 !!!

All I can say is if your paying in 6K & 400 cheques every month you earning a fair wedge there so why worry about the little bank charges I don't understand  !!!!

And the same as what Tosh is saying and drinking !!!!

£180 a month is a lot to pay in bank charges, over 2K a year?

[8weekly]

Tosh you on the heavy stuff m8 !!!

All I can say is if your paying in 6K & 400 cheques every month you earning a fair wedge there so why worry about the little bank charges I don't understand  !!!!

And the same as what Tosh is saying and drinking !!!!

Little? £2,000 a year??

[Dannymackreturn]

£2000 is little when your earning £72,000 a year cash that's without the 4800 cheques a year don't know what they would add upto so if say £2000 a year was little to that ammount wouldn't you clever clogs stick that inya pipe 8 weekly and smoke it son pmsl !!!!!  ✌️

[8weekly]

£2000 is little when your earning £72,000 a year cash that's without the 4800 cheques a year don't know what they would add upto so if say £2000 a year was little to that ammount wouldn't you clever clogs stick that inya pipe 8 weekly and smoke it son pmsl !!!!!  ✌️

But it is unnecessary spend. Why would he continue spending that? He may as well buy 30 bags of resin and empty them into the bin.

[ben M]

£2000 is little when your earning £72,000 a year cash that's without the 4800 cheques a year don't know what they would add upto so if say £2000 a year was little to that ammount wouldn't you clever clogs stick that inya pipe 8 weekly and smoke it son pmsl !!!!!  ✌️

But it is unnecessary spend. Why would he continue spending that? He may as well buy 30 bags of resin and empty them into the bin.

+1 don't need to give £2000 a year to a bank, they are rich enough, doesn't matter how much you earn!

[Clever Forum Name]

Can't you claim a 100% of it back off tax?

[Soupy]

Can't you claim a 100% of it back off tax?

No.

[Clever Forum Name]

Some of it then?

[LT carpet cleaning]

£2000 is little when your earning £72,000 a year cash that's without the 4800 cheques a year don't know what they would add upto so if say £2000 a year was little to that ammount wouldn't you clever clogs stick that inya pipe 8 weekly and smoke it son pmsl !!!!!  ✌️

It's still £2000! Why would anybody enjoy wasting money like that??

[Soupy]

You can call it an expense an reduce your profit. If you were to say you had £2k expenses it doesn't save you £2k in tax.

[Clever Forum Name]

And this is why i dont do my own books 

[PoleKing]

Try this:
http://www.santander.co.uk/uk/business/current-accounts/business-current-account/

Santander are a shower of c words.

They are.
But Barclays bend me over on charges.
Deposit all my cheques into my 'free business banking for life' (no longer available), wait one week to clear then BACS to Barclays. Happy days.

[Tom-01]

Yeah it's a pain when the charges kick in, I pay £1.50 per cheque and nothing on internet payments, plus £6.50 per month.

Can I setup a personal account and just re-name it as my business name and pay them into that and then transfer to my business?

[Tom-01]

Another idea I had was getting the guy who works for me to setup an account and name it and I give all cheques to him as his wages, that way my turnover stays lower so pay less VAT and I save a small fortune on bank charges. He is self employed and has other means of income so I don't need to employ him.

[Clever Forum Name]

Yeah it's a pain when the charges kick in, I pay £1.50 per cheque and nothing on internet payments, plus £6.50 per month.

Can I setup a personal account and just re-name it as my business name and pay them into that and then transfer to my business?

Good old barclays eh!!!!!

I feel i have been screwed by them. I am not changing accounts as all printed slips have these details PLUS i would need to tell people about the change.

I am on mixed payments as i still get quite a few cheques. The customer who pay via cheque will be noted and told about no cheque policy soon.

My plan is to go on the same plan as you as i am on mixed at the moment. Then take card payments for customers who only want to send cheques. As long as the payment is less than £50 it will be cheaper for me to take a card payment

I am also banking cash in my private account then transferring it over to business and logging all the transfers doing the same with PP here money!

[davids3511]

£2000 is little when your earning £72,000 a year cash that's without the 4800 cheques a year don't know what they would add upto so if say £2000 a year was little to that ammount wouldn't you clever clogs stick that inya pipe 8 weekly and smoke it son pmsl !!!!!  ✌️

Yeah, but if you take that attitude with every expense your out of business. You  need to keep expenses tight whatever your turnover.

[LT carpet cleaning]

£2000 is little when your earning £72,000 a year cash that's without the 4800 cheques a year don't know what they would add upto so if say £2000 a year was little to that ammount wouldn't you clever clogs stick that inya pipe 8 weekly and smoke it son pmsl !!!!!  ✌️

Yeah, but if you take that attitude with every expense your out of business. You  need to keep expenses tight whatever your turnover.

I assume he was talking nonsense.

[PoleKing]

Another idea I had was getting the guy who works for me to setup an account and name it and I give all cheques to him as his wages, that way my turnover stays lower so pay less VAT and I save a small fortune on bank charges. He is self employed and has other means of income so I don't need to employ him.

That may been as sailing too close to the wind by HRMC bud.
I think they'd want to class it as your turnover.

[8weekly]

£2000 is little when your earning £72,000 a year cash that's without the 4800 cheques a year don't know what they would add upto so if say £2000 a year was little to that ammount wouldn't you clever clogs stick that inya pipe 8 weekly and smoke it son pmsl !!!!!  ✌️

Yeah, but if you take that attitude with every expense your out of business. You  need to keep expenses tight whatever your turnover.

I assume he was talking nonsense.

Who'd 've thunk?

[arsenalhu]

Try this:
http://www.santander.co.uk/uk/business/current-accounts/business-current-account/

Thank you, I will check it out.

[arsenalhu]

natwest also do an account with a straight £25 a month charge no matter what or how much you pay in.

I used to have that account. But it does not work if you are LTD. Unfortunately

[arsenalhu]

Is that all I'd give up and go and earn some proper money.  
Not sure if your trying to show off I think you should phone up some banks or look online to see what the charges are. Tut wouldn't bother getting out of bed for that meezley ammount !!!!!

I would say join my bank, but it's a minimum of 1 million in your account O well keep at it pmsl !!!!!

On another note it's not bad lil turn over so why worry about the small bank charges 👳👳👳

Trying to show off? I would show you a pic of my wife, my Q7 and my house if I want to show off....

It was a simple question because I do not agree with the bank charges. At the end of the day, they are using my money every month, so why do they charge me extra? They should give ME money not to put my money somewhere else.

In my world these are not small charges.

[arsenalhu]

put the cheques into your personal account

Cheques coming on company name. So cannot do that

[ben M]

Is that all I'd give up and go and earn some proper money.  
Not sure if your trying to show off I think you should phone up some banks or look online to see what the charges are. Tut wouldn't bother getting out of bed for that meezley ammount !!!!!

I would say join my bank, but it's a minimum of 1 million in your account O well keep at it pmsl !!!!!

On another note it's not bad lil turn over so why worry about the small bank charges 👳👳👳

Trying to show off? I would show you a pic of my wife, my Q7 and my house if I want to show off....

It was a simple question because I do not agree with the bank charges. At the end of the day, they are using my money every month, so why do they charge me extra? They should give ME money not to put my money somewhere else.

In my world these are not small charges.

you've got a sexy wife because you are rich?

[arsenalhu]

£2000 is little when your earning £72,000 a year cash that's without the 4800 cheques a year don't know what they would add upto so if say £2000 a year was little to that ammount wouldn't you clever clogs stick that inya pipe 8 weekly and smoke it son pmsl !!!!!  ✌️

But it is unnecessary spend. Why would he continue spending that? He may as well buy 30 bags of resin and empty them into the bin.

Well said. Thank you

[arsenalhu]

Is that all I'd give up and go and earn some proper money.  
Not sure if your trying to show off I think you should phone up some banks or look online to see what the charges are. Tut wouldn't bother getting out of bed for that meezley ammount !!!!!

I would say join my bank, but it's a minimum of 1 million in your account O well keep at it pmsl !!!!!

On another note it's not bad lil turn over so why worry about the small bank charges 👳👳👳

Trying to show off? I would show you a pic of my wife, my Q7 and my house if I want to show off....

It was a simple question because I do not agree with the bank charges. At the end of the day, they are using my money every month, so why do they charge me extra? They should give ME money not to put my money somewhere else.

In my world these are not small charges.

you've got a sexy wife because you are rich?

LOL....of course!....

[PoleKing]

Is that all I'd give up and go and earn some proper money.  
Not sure if your trying to show off I think you should phone up some banks or look online to see what the charges are. Tut wouldn't bother getting out of bed for that meezley ammount !!!!!

I would say join my bank, but it's a minimum of 1 million in your account O well keep at it pmsl !!!!!

On another note it's not bad lil turn over so why worry about the small bank charges 👳👳👳

Trying to show off? I would show you a pic of my wife, my Q7 and my house if I want to show off....

It was a simple question because I do not agree with the bank charges. At the end of the day, they are using my money every month, so why do they charge me extra? They should give ME money not to put my money somewhere else.

In my world these are not small charges.

Get a proper motor 

[8weekly]

Is that all I'd give up and go and earn some proper money.  
Not sure if your trying to show off I think you should phone up some banks or look online to see what the charges are. Tut wouldn't bother getting out of bed for that meezley ammount !!!!!

I would say join my bank, but it's a minimum of 1 million in your account O well keep at it pmsl !!!!!

On another note it's not bad lil turn over so why worry about the small bank charges 👳👳👳

Trying to show off? I would show you a pic of my wife, my Q7 and my house if I want to show off....

It was a simple question because I do not agree with the bank charges. At the end of the day, they are using my money every month, so why do they charge me extra? They should give ME money not to put my money somewhere else.

In my world these are not small charges.

you've got a sexy wife because you are rich?

Reminds me of Mrs Merton interviewing Debbie McGee and asking, "What part of the millionaire Paul Daniels was it you fell in love with?" 

[arsenalhu]

Yeah it's a pain when the charges kick in, I pay £1.50 per cheque and nothing on internet payments, plus £6.50 per month.

Can I setup a personal account and just re-name it as my business name and pay them into that and then transfer to my business?

It is a good idea, but I think the bank will not let you name it as your business. Will ask my accountant, he might be able to come up with an idea

[Soupy]

Go into a branch and ask to speak to a "manager".

These are a very rare breed (almost extinct nowadays) of banker whose job it is to ensure the banks customers get a good deal. If you go into a branch and are told that that particular bank doesn't have a "manager" leave and go to a different bank.

Online banking is great for day to day stuff but what do you do when things go wrong? Phone India? No thanks.

I pay charges at the bank - nothing like the amounts discussed, but enough - worth every penny as if there is a problem I speak to Mr Brodie, my "bank manager" who helps me out.

[Tom-01]

Another idea I had was getting the guy who works for me to setup an account and name it and I give all cheques to him as his wages, that way my turnover stays lower so pay less VAT and I save a small fortune on bank charges. He is self employed and has other means of income so I don't need to employ him.

That may been as sailing too close to the wind by HRMC bud.
I think they'd want to class it as your turnover.

I don't see how? If the guy working for me isn't employed by me and he's getting paid direct from the client it should be ok? He wouldn't have exactly the same business name, maybe just the first bit. It's not really any different to anyone who is a franchisee, taking their own money?

[Soupy]

If the guy working for me isn't employed by me

How can he be working for you if you haven't employed him to do so?

[LT carpet cleaning]

Yeah it's a pain when the charges kick in, I pay £1.50 per cheque and nothing on internet payments, plus £6.50 per month.

Can I setup a personal account and just re-name it as my business name and pay them into that and then transfer to my business?

It is a good idea, but I think the bank will not let you name it as your business. Will ask my accountant, he might be able to come up with an idea

Your accountant must be crap if he hasn't given you advice about what to do with your banking. I suggest using your "wealth" to get a proper accountant. 

[PoleKing]

Another idea I had was getting the guy who works for me to setup an account and name it and I give all cheques to him as his wages, that way my turnover stays lower so pay less VAT and I save a small fortune on bank charges. He is self employed and has other means of income so I don't need to employ him.

That may been as sailing too close to the wind by HRMC bud.
I think they'd want to class it as your turnover.

I don't see how? If the guy working for me isn't employed by me and he's getting paid direct from the client it should be ok? He wouldn't have exactly the same business name, maybe just the first bit. It's not really any different to anyone who is a franchisee, taking their own money?

In Soupy's words 'ask an accountant, that is all'   
I'm not saying don't. I'm just saying, be aware.

[Tom-01]

If the guy working for me isn't employed by me

How can he be working for you if you haven't employed him to do so?

He's a subbie who does average 4 days a week for me and earns money elsewhere so he's not employed.

[Tom-01]

Another idea I had was getting the guy who works for me to setup an account and name it and I give all cheques to him as his wages, that way my turnover stays lower so pay less VAT and I save a small fortune on bank charges. He is self employed and has other means of income so I don't need to employ him.

That may been as sailing too close to the wind by HRMC bud.
I think they'd want to class it as your turnover.

I don't see how? If the guy working for me isn't employed by me and he's getting paid direct from the client it should be ok? He wouldn't have exactly the same business name, maybe just the first bit. It's not really any different to anyone who is a franchisee, taking their own money?

In Soupy's words 'ask an accountant, that is all'   
I'm not saying don't. I'm just saying, be aware.

Soupy is wise as are you Poleking

[PoleKing]

Lol.
I'm not. And soupy couldn't be further from wisdomous! 

Just a technicality on 'employed'.
I don't have employees, other than myself & the wife.
I only have subbies.
But for my insurance, the subbies are insured pretty much as employees. They have to be, legally. Even though they have to have their own PL insurance too!

[Soupy]

Another idea I had was getting the guy who works for me to setup an account and name it and I give all cheques to him as his wages, that way my turnover stays lower so pay less VAT and I save a small fortune on bank charges. He is self employed and has other means of income so I don't need to employ him.

That may been as sailing too close to the wind by HRMC bud.
I think they'd want to class it as your turnover.

I don't see how? If the guy working for me isn't employed by me and he's getting paid direct from the client it should be ok? He wouldn't have exactly the same business name, maybe just the first bit. It's not really any different to anyone who is a franchisee, taking their own money?

In Soupy's words 'ask an accountant, that is all'   
I'm not saying don't. I'm just saying, be aware.

Soupy is wise as are you Poleking

I have been called many things. Wise is a new one though.

[davids3511]

Is that all I'd give up and go and earn some proper money.  
Not sure if your trying to show off I think you should phone up some banks or look online to see what the charges are. Tut wouldn't bother getting out of bed for that meezley ammount !!!!!

I would say join my bank, but it's a minimum of 1 million in your account O well keep at it pmsl !!!!!

On another note it's not bad lil turn over so why worry about the small bank charges

Trying to show off? I would show you a pic of my wife, my Q7 and my house if I want to show off....

It was a simple question because I do not agree with the bank charges. At the end of the day, they are using my money every month, so why do they charge me extra? They should give ME money not to put my money somewhere else.

In my world these are not small charges.

you've got a sexy wife because you are rich?

Reminds me of Mrs Merton interviewing Debbie McGee and asking, "What part of the millionaire Paul Daniels was it you fell in love with?" 

Mrs Merton is one of my customers.