Clean It Up

UK Window Cleaning Forum => Window Cleaning Forum => Topic started by: cockney rebel on January 19, 2010, 07:10:17 am

Title: Business account or personnel account.
Post by: cockney rebel on January 19, 2010, 07:10:17 am
Just wondering what everyone uses. I use my personnel account as i don't get any charges as cheques are all in my name. Are there any advantages having a business account & if there is, what one is FREE where there are no charges at all? ;D
Title: Re: Business account or personnel account.
Post by: stephen d on January 19, 2010, 10:40:20 am
alliance-leicster is free but YOU get charged £ 7.50 if a customer bounces a cheque
Title: Re: Business account or personnel account.
Post by: JSMC on January 19, 2010, 12:44:34 pm
personal account. pay in my money eac h month and no hassles
Title: Re: Business account or personnel account.
Post by: Powerwasher on January 19, 2010, 03:15:00 pm
Abbey(santander) free.........and no hassle
Title: Re: Business account or personnel account.
Post by: prestige cleaners on January 19, 2010, 03:30:19 pm
i use alliance and leicester, works good for me, changed from lloyds, as no way am i paying them £30 a month for the priviledge of them having my money! im limited so i have to have a business account, but i wouldnt bother if your a sole trader,


whats good about A & L is i can pay the money/chqs into a post office which is just down the road from my house!

hope that £7.50 isnt true, had a cust bounce a chq the other day, will have to check my statement.

Title: Re: Business account or personnel account.
Post by: stephen d on January 19, 2010, 04:01:08 pm
it is true unfortunately as its happened a couple of times to me ,I now put it on my quote letter that the customer is liable if they bounce a cheque on me.
Title: Re: Business account or personnel account.
Post by: tompoole on January 19, 2010, 04:09:45 pm
I use HSBC, they have just charged me £51 last month for the privalige.
Title: Re: Business account or personnel account.
Post by: JRDEasiReach on January 19, 2010, 04:26:27 pm
I shall be looking into changing my business account over in the next couple of months as im getting sick of the monthly 26.60 i am getting charged plus the fees they are telling me i owe them for lodging cash and cheques at the counter when i always use the express slip!!! w****rs!!!
Title: Re: Business account or personnel account.
Post by: Pittmonkey on January 19, 2010, 04:37:20 pm
I'm with A&L and the £7.50 is charged when cq's bounce. Had two this year  :(

After two years free banking so long as you pay over £1k into your account each month there are no bank charges. If you dont, you pay £5 admin fee.

Great to use has my PO is just across the road. Nearest bank is in the town centre.
Title: Re: Business account or personnel account.
Post by: Mike #1 on January 19, 2010, 06:08:51 pm
i use hbos business account free for 12 months
Title: Re: Business account or personnel account.
Post by: Mike #1 on January 19, 2010, 06:20:40 pm
i  know once the free accounting period is up they apply banking transaction charges surely you can reclaim this by putting charges thourgh your books and claim back from tax man
Title: Re: Business account or personnel account.
Post by: Ian Rochester on January 19, 2010, 06:27:04 pm
A & L Commercial Business Accounts, free if you bank £1000 each month with them
Title: Re: Business account or personnel account.
Post by: tompoole on January 19, 2010, 07:49:58 pm
i  know once the free accounting period is up they apply banking transaction charges surely you can reclaim this by putting charges thourgh your books and claim back from tax man

Yes But you still have to earn it
Title: Re: Business account or personnel account.
Post by: Klean07 on January 20, 2010, 12:56:17 pm
Most banks offer between 12 months and 2 years free business banking for new custards. I was with Hsbc for 18 months I'm now with HBOS for another free 12 months. I'll do this untill I run out of banks.
Title: Re: Business account or personnel account.
Post by: Central Window Cleaners on January 20, 2010, 01:02:21 pm
I use Abbey/Santander free business account.

I like to keep things separate and the business account is in the business name so I feel it looks more professional  to customers rather than asking for cheques to be paid in my own name.