[LWC]

do you think they are worth it? i know theres been alot of debate on them

my bank are offerneing a free 18 months trial, wont hurt to give it a go i suppose, thing is i do pay in loads of cheuques, and i see when the 18 months is up its like 65p a cheque. so after ive spent my 50p or so on envelope and stamp if a house was a tenner, its like less than £9 then

someone mentioned it being tax deductable, that to me is appealing, anyway, i can spend money on something other than giving it to tax man is a bonus.

opinions

[NWH]

It`s a bit of a rip off if you ask me,i pay in at least 80-100 cheques a month and they charge me for it aswell.i get a sheet from the bank about every couple of months telling me how much it`s cost me,i think it`s normally about £35 each time they inform me.

[LWC]

but all tax deductable?

[L.J.Thorpe]

i wont be bothering unless i get forced into it,my bank manager knows what i use the account for and he said that if chqs are made out in my name then not much they can do anyway,one reason why i carry on as sole trader with no company name spose it depends how big you are

[NWH]

If you get into large volumes of cheques they`ll make you change your account,more work banking cheques for you processing them etc you won`t get away with it if you bank a lot of them each month.

[L.J.Thorpe]

If you get into large volumes of cheques they`ll make you change your account,more work banking cheques for you processing them etc you won`t get away with it if you bank a lot of them each month.

on average 4 or 5 a week

[NWH]

I wouldn`t worry yet then.

[Wayne Thomas]

If you get into large volumes of cheques they`ll make you change your account,more work banking cheques for you processing them etc you won`t get away with it if you bank a lot of them each month.

on average 4 or 5 a week

Must be a part time worker, lol

[L.J.Thorpe]

If you get into large volumes of cheques they`ll make you change your account,more work banking cheques for you processing them etc you won`t get away with it if you bank a lot of them each month.

on average 4 or 5 a week

Must be a part time worker, lol

serious tho most is cash.....and iam a slacker

[NWH]

Do you have customers that pay you through BACS.

[L.J.Thorpe]

nope

[TennetClean]

There are some free business accounts flying around.  For a long time I used Abbey National (think is just abbey now) which was completely free as long as you stayed in credit.  There was no limit as to how many cheques and cash you could pay in at a particular time.

One slight annoyance though, you cant use the branches, you can only use the cash machines to pay stuff in.  Obviously thats no good if you have a lot of coins.  You can log on online for statements and to check balances etc.

But I found it ok.  I had some customers who like to pay by standing order and I never really liked the idea of giving them my personal bank details.

Also, when I later got commercial constracts that wanted to pay by bacs, it looks a whole lot more pro if you give them the details of your business bank account - even if it is just a free one from the abbey.

[Wayne Thomas]

There are some free business accounts flying around.  For a long time I used Abbey National (think is just abbey now) which was completely free as long as you stayed in credit.  There was no limit as to how many cheques and cash you could pay in at a particular time.

One slight annoyance though, you cant use the branches, you can only use the cash machines to pay stuff in.  Obviously thats no good if you have a lot of coins.  You can log on online for statements and to check balances etc.

But I found it ok.  I had some customers who like to pay by standing order and I never really liked the idea of giving them my personal bank details.

Also, when I later got commercial constracts that wanted to pay by bacs, it looks a whole lot more pro if you give them the details of your business bank account - even if it is just a free one from the abbey.

With Abbey, it's unlimited cheques for the first year, then restricted to 25 per month then I think it's 50p per cheque (after the first 25)

[matt]

Im in the process of setting up a abbey account

i have a biz account with RBS, it gets a little pricey paying in all the cheques, it not that im tight, its just my money i have earnt and i want to keep it

[[GQC] Tim]

Alliance Leicester Commercial. Everything free, don't have to pay a penny for anything. Brilliant bank.

[Wayne Thomas]

Alliance Leicester Commercial. Everything free, don't have to pay a penny for anything. Brilliant bank.

Free? For how long? No one gives you something for nothing, there's always a catch.

[TennetClean]

With Abbey, it's unlimited cheques for the first year, then restricted to 25 per month then I think it's 50p per cheque (after the first 25)

ah they've changed it since I was with them.  I'm with barclays now, and they dont do anything for free ever.

[poleman]

If you join FSB (170 a year) you get free banking with the Co-operative Bank and many more benefits 

Andy

[Wayne Thomas]

If you join FSB (170 a year) you get free banking with the Co-operative Bank and many more benefits 

Andy

Andy, do you have a link for FSB please

[poleman]

There is a post some where! just looking?

Andy