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Just another update from me…Opened & then closed the Monzo account. They would only let me ise my name tradings as ‘company name’ which is a bit of a mouthful. I did a couple of test transfers from my other own accounts & becomes a problem with CoP (Confirmation of Payee) & just looks unprofessional imo. If i was going to do that I may as well use a free seperate personal account ffs!So I opened a free Virgin business account. This works as I want with CoP using my company name. I don’t particularly like their website as you have to click on each individual transaction to copy & paste the reference into Aworka. I’m trying to work out how much is just me getting used to change & how much is their poor website.So I will hold fire for a while & hope Santander renege on their monthly charge before it comes in in October as they did once before in 2012. If they don’t though I will probably use the switching service to Virgin & get those new slips made up. My web/printer guy is on standby.
Minsters 'to help smaller firms' by urging Santander to stop charging fees - LBC https://share.google/FwzYMVX0vqfDgslIa
They probably don’t. But then again if a customer cancels when you put their price up you don’t worry about it do you?
I don't understand why business folk think it should be free? Like us, they provide a service and the service has to be paid for. We provide a service and we get paid, the moment we don't get paid we drop the customer. All Santander is doing is dropping customers who want a free service. That's my philosophy in business and works for me.
‘Reneged’ 😉🤣👍