Clean It Up

UK Window Cleaning Forum => Window Cleaning Forum => Topic started by: dai on September 15, 2014, 10:34:20 am

Title: business banking
Post by: dai on September 15, 2014, 10:34:20 am
Just had a thick envelope from HSBC informing me of their change in terms and conditions yet again. For a small sole trader some of these fees seem extortionate. can anyone reccomend a bank is offering the best switching deal at the moment? Thanks in advance Dai
Title: Re: business banking
Post by: sunshine windows on September 15, 2014, 11:38:39 am
I've just opened up an extra santander business account for my franchise business. Free for 18 months then £7.50 monthly. The additional fees seemed ok too but I can't remember what they are as I'll be doing all online transactions so free of charge.
Title: Re: business banking
Post by: dai on September 15, 2014, 11:52:57 am
Hsbc have now started charging for on line payments.
Title: Re: business banking
Post by: Soupy on September 15, 2014, 11:59:08 am
Hsbc have now started charging for on line payments.

Have they? Robbin gits eh?

Banks continue to offer a worse service while charging more, who do they think they are, window cleaners?
Title: Re: business banking
Post by: CasaDeCabra on September 15, 2014, 03:30:56 pm
Free banking with the CO-OP if you are a member of the FSB.
Title: Re: business banking
Post by: CF Facilities on September 15, 2014, 03:37:26 pm
You don't need to be in fsb  if  you keep £1000 in coop account you pay no fees apart from 80p I think to deposit cash at post office as I have no branch near me. Do Fsb members deposit cash free at post office?
Title: Re: business banking
Post by: Smudger on September 15, 2014, 03:49:30 pm
you do pay fees if you bank more than 4000 cash (40p per hundred after this) cooperative FSB account
http://www.co-operativebank.co.uk/business/currentaccounts/fsb-current-accounts
Title: Re: business banking
Post by: richywilts on September 15, 2014, 04:03:51 pm
ive recently joined barclays free banking for a year, quite pricey on cheques after 1st year tho £1.50 per cheque
Title: Re: business banking
Post by: dai on September 15, 2014, 04:24:57 pm
ive recently joined barclays free banking for a year, quite pricey on cheques after 1st year tho £1.50 per cheque

That is extortionate, I do one job, two front windows for £3 and she sends me a cheque every month.
Title: Re: business banking
Post by: Clever Forum Name on September 15, 2014, 04:43:31 pm
Barclays are charging 35p for an online transaction and 65p a cheque.

If you go for the other tarrif. Online is FREE but cheques are £1.50
Each!!!!

Need to educate a few customers and then switch over :)
Title: Re: business banking
Post by: dai on September 15, 2014, 05:04:26 pm
35P for an online transaction? There is no cost to them apart from the programme and elctricity to run their computor. IT SEEMS EVERYONE IS OUT TO SCREW US FOR AS MUCH OF OUR HARD EARNED AS POSSIBLE. I haven't put my prices up since the reccession kicked in 2008, I was afraid to the way I was already losing customers. I wish I could afford to retire.
Title: Re: business banking
Post by: Clever Forum Name on September 15, 2014, 05:31:22 pm
35P for an online transaction? There is no cost to them apart from the programme and elctricity to run their computor. IT SEEMS EVERYONE IS OUT TO SCREW US FOR AS MUCH OF OUR HARD EARNED AS POSSIBLE. I haven't put my prices up since the reccession kicked in 2008, I was afraid to the way I was already losing customers. I wish I could afford to retire.

I know it sucks, you can get em free, but if you take a cheque you lose £1.50 :(
Title: Re: business banking
Post by: SB Cleaning on September 15, 2014, 05:35:14 pm
I'm with Natwest  and pay £25 a month and can pay in as much as I like cash...cheques...bacs
Title: Re: business banking
Post by: Ian101 on September 15, 2014, 06:11:50 pm
Hsbc have now started charging for on line payments.

free if you move from small business tariff to electronic banking tariff .... pay more for cash though so don't bank cash  :)
Title: Re: business banking
Post by: colin bird on September 15, 2014, 07:02:26 pm
I'm with nat west £25 a month fixed fee
Title: Re: business banking
Post by: richywilts on September 15, 2014, 08:04:45 pm
yes theres a fee for the cash deposits too with barclays
i guess they all screw u one way or another tho none of the banks are there as a charity
Title: Re: business banking
Post by: Neil Jones on September 15, 2014, 08:15:13 pm
I got the HSBC letter as well! Are they actually charging for any online transfer?
Title: Re: business banking
Post by: Frankybadboy on September 15, 2014, 08:31:29 pm
just so happy with my free banking for life at santander ;D ;D ;D ;D ;D ;D
Title: Re: business banking
Post by: Dave Willis on September 15, 2014, 08:39:36 pm
Me too - they are crap but free.
Title: Re: business banking
Post by: Frankybadboy on September 15, 2014, 08:44:10 pm
Me too - they are crap but free.
never had a problem with them
Title: Re: business banking
Post by: sunshine windows on September 15, 2014, 09:42:31 pm
Nor me, that's why I opened up a second business account with them, one free, one for £7.50 PCM
Title: Re: business banking
Post by: Mike #1 on September 16, 2014, 07:21:00 am
Natwest flat rate of £5.00 a month for bacs payments , I possibly pay in 1 cheque a month and very rarely pay in cash as this just goes in my personal account to avoid charges then into Isa for tax bill . Mike
Title: Re: business banking
Post by: J.D on September 16, 2014, 08:27:39 pm
just so happy with my free banking for life at santander ;D ;D ;D ;D ;D ;D

Same here. Though any newbies won't get free business banking now
Title: Re: business banking
Post by: Richard Stevenson on September 17, 2014, 11:39:35 am
Bank of Scotland is free, as long as you have more than £5000.00 in your account.
Title: Re: business banking
Post by: Ian101 on September 17, 2014, 06:37:34 pm
Bank of Scotland is free, as long as you have more than £5000.00 in your account.

that's me fooked then  ;D
Title: Re: business banking
Post by: david wood on September 17, 2014, 07:59:00 pm
just so happy with my free banking for life at santander ;D ;D ;D ;D ;D ;D
yes same as me :)