[DaveG]

I have started leaving sae for customers that are out when i do their windows and ive forgot to put who to make them payable to!

I dont have a "business account" (trying to save a bit of dough!)

Ive been paying cheques into my current account when people have been giving me cheques, because they have been making them payable to me personally.

Now i have a few cheques that have come in with the business name on them and ive just rang my bank ( Nationwide) and they say that there is nothing i can do aprt from open a business account?

Do you guys know any different?

Cheers Dave

[jaykie]

hows not having a account saving money

[NWH]

Get a business account the cheques clear straight away.

[DaveG]

I used to have a business account but they charged for it

hows not having a account saving money

I had a business account but they charge for it

[jaykie]

open it at a different bank

[DaveG]

Are there any "free" business accounts?

[jaykie]

most are free for a year, are you a member of fsb.

[mci services]

loads just ask round the banks

[DaveG]

most are free for a year, are you a member of fsb.

Nope!!!!

[jaykie]

im with barclays they where free for a year which is just running out but going over to coop as member of fsb.

Chris

[Neil Williams]

Yes they can make you open a business account because  well....you are using it as a business account with your personal account.
So business accounts cost. You claim that as an expence at the end of the year.
Mixing business money with personal can make a right mess of sorting out your accounts at the end of the year.
Get professional and do it right basically.

[darragh windows]

abbey have a free business account for life with 100 cheque deposits per month ive never paid them a penny

[DaveG]

Yes they can make you nopen a business account because  well....you are using it as a business account with your personal account.
So business accounts cost. You claim that as an expence at the end of the year.
Mixing business money with personal can make a right mess of sorting out your accounts at the end of the year.
Get professional and do it right basically.

Its a currennt account but seperate from my other accounts!

[DaveG]

im with barclays they where free for a year which is just running out but going over to coop as member of fsb.

Chris

Cheers Chris i used to be with Lloyds
then went over to N/wide when they started charging!

Dave

[DaveG]

abbey have a free business account for life with 100 cheque deposits per month ive never paid them a penny

Thanks for that mate ill look into it tomorrow!

Dave

[Pole 2 Pole]

This might be a daft question....but is that under or over 100 cheques??

[williamx]

Alsp try Alliance and Leicester

[ZaNo]

Hate to burst your bubble, but when i opened my business account i asked if any cheques made payable to my business name before it was opened were bankable  and they said no they will be void because the cheque is dated before the account exsisted.

[luther1]

I'm with Abbey too.Free for life! As is a couple of others.

[Davie T]

When your cheque is written out to your business name, at the side of your business title, on top line of the cheque, write your own name beside it and present it to your bank, as you would do normally.  Do not try to alter anything previously written etc.