Forum

Replies

• 

  Melissa Morton July 29, 2012 at 11:09pm

  Thanks Dan for giving us the heads up on this.... I wasn't aware of this news.  Will need to check out.
• 

  Andrew C July 30, 2012 at 6:22am

   Thanks for this,   are their any free  accounts out their. Dont need overdraft or to borrow just to keep my money safe.
• 

  Rose Lennard July 30, 2012 at 1:09pm

  I had heard this and checked my correspondance and I don't seem to have had anything letting me know, and couldn't find anything online - it's weird. £7.50/month is not acceptable! Will definitely look elsewhere if this happens.
• 

  Simply Business July 30, 2012 at 4:09pm

  Seem's a little strange of them to suddenly do this and upset their entire business banking market.  Or is it just me?
• 

  Classic Gardens July 30, 2012 at 5:00pm

  If your a member of FSB Co op are offering a free for six months account. We will be moving as soon as our letter from Santander arrives.
• PRO

  Gary RK July 30, 2012 at 5:55pm

  I think you will find the FSB/Co-Op tie up is free for 'life' as long as you remain an FSB member:

  http://www.fsb.org.uk/business-banking:

  • FREE business banking*
  • No monthly charge for operating your account
  • No fees to pay on standard non-cash transactions
  • An unlimited number of cheques can be paid into your account
  • Pay in up to 4,000 cash every month for FREE
  • A fee-free overdraft facility for business banking customers**
  • An FSB charge card and business loans from £2,000 to £25,000**
  • Earn interest on your entire credit balance
  • Free, 24/7 online banking, 365 days a year
  • The choice to do the banking for your small business at your local Post Office (by arrangement)
  • Receive a £25 annual loyalty bonus.
• 

  Classic Gardens July 30, 2012 at 8:44pm

  I stand corrected :)
  
  Are you with them if so can you recommend them ?
• PRO

  Gary RK July 30, 2012 at 9:05pm

  As it stands at the moment - yes.

  The Charge Card is a very, very useful feature and helps cashflow massively. NOTE it is not a Credit Card before anyone comments about not wanting credit etc.

  However, when and if they absorb the several hundred LTSB branches into their systems/customer service then it may be different. This, in my view, was one of the downfalls of Santander when they absorbed Abbey Nat and A&L branches...they were just overwelmed, incompatiable systems, different business philosphies etc etc
  
  Martin Worswick said:

  I stand corrected :)
  
  Are you with them if so can you recommend them ?
• 

  Gareth Main @ Newick Landscapes August 1, 2012 at 10:30pm

  Took out £3200 cash from my HSBC Business account to purchase a piece of second hand machinery and have found out today they have charged me an £80 fee for doing this. Cant believe they can get away with charging so much for this. Going to send them a letter as they never mentioned there would be this fee, although have now read their small print stating the charge. Takes the p**s really!
• PRO

  Busy Bee Garden Services Limited August 2, 2012 at 6:14am

  Thanks, this is news to me and I also have not had a letter from them, although I did some quick figures as we keep a healthy balace in our business account even with the fee being paid we might be better off as they are putting the interest rate up although I don't know all the details as my letter is lost somewhere!