Simple business bank account, please

[Hawmaws]

I’ve just taken up the position of treasurer for my local residents’ association. Pretty small stuff - less than 20 houses. Limited company. Funds are used to maintain the road and paths. There are very few transactions per year, so the main priorities for the account are simplicity and low cost.

When we tried to update my name as a signatory on the bank account, the bank informed us that we could not use the account for a limited company.

Can anyone recommend a bank/ account for such a situation?

Thanks

[Rollin]

Hawmaws said:

I’ve just taken up the position of treasurer for my local residents’ association. Pretty small stuff - less than 20 houses. Limited company. Funds are used to maintain the road and paths. There are very few transactions per year, so the main priorities for the account are simplicity and low cost.

When we tried to update my name as a signatory on the bank account, the bank informed us that we could not use the account for a limited company.

Can anyone recommend a bank/ account for such a situation?

Thanks

Starling

[Wilmslowboy]

Many of the challenger banks are highly rated, I use

https://www.tide.co

[softtop]

Wilmslowboy said:

Many of the challenger banks are highly rated, I use

https://www.tide.co

Signed up with these, simple and easy to use.

[Drumroll]

Rollin said:

Starling

Agree Starling.

[gregf40mark2]

I have a Revolut business account. Can't fault it - it's brilliant.