Clean It Up

UK Window Cleaning Forum => Window Cleaning Forum => Topic started by: Pure Glass on January 03, 2011, 08:23:35 pm

Title: Best Bank/Building Society & Paypal Question?
Post by: Pure Glass on January 03, 2011, 08:23:35 pm

First post-so go easy on me.......starting in April-just manouvering things at the mo.

What bank/BS is best to open a business account at the moment?

Any charges for cheques/bank transfer?

Any how much do Paypal charge for payments into an account?

Thanks

Title: Re: Best Bank/Building Society & Paypal Question?
Post by: Rogue Trader on January 03, 2011, 11:25:56 pm

use alliance and leicester commercial - totally free (unless you wanna withdraw large amounts of cash)
dont use paypal but use BACS/faster payment as totally free ;D

Title: Re: Best Bank/Building Society & Paypal Question?
Post by: Chris @ Aworka on January 04, 2011, 07:02:15 pm

PayPal charge 3.4% + 20p per transaction, so if someone pays you £10, you'll receive £9.46. There's no charge to transfer money from your PayPal account to your bank account.

Although PayPal can be a convenient way to pay (particularly if you want to offer your customers payments through your web site), BACS has to be the preferred way if poss, like Matt3 says, it's free!

BTW many people publish their bank details on their web sites, but I'm not sure how wise that is...?