[cockney rebel]

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?

[stephen d]

alliance-leicster is free but YOU get charged £ 7.50 if a customer bounces a cheque

[JSMC]

personal account. pay in my money eac h month and no hassles

[Powerwasher]

Abbey(santander) free.........and no hassle

[prestige cleaners]

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.

[stephen d]

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.

[tompoole]

I use HSBC, they have just charged me £51 last month for the privalige.

[JRDEasiReach]

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!!!

[Pittmonkey]

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.

[Mike #1]

i use hbos business account free for 12 months

[Mike #1]

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

[Ian Rochester]

A & L Commercial Business Accounts, free if you bank £1000 each month with them

[tompoole]

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

[Klean07]

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.

[Central Window Cleaners]

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.