Best business bank account?
Best business bank account?
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Discussion

CIS121

Original Poster:

1,273 posts

230 months

Friday 9th July 2021
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I've been with Coop for 10 years, they're free for FSB members, but just a clunky and poor account and it's time for us to move on...

Is there a business bank that excels above the others in terms of ease of use, service and features?

Starling seem to get great reviews, but is this more for sole traders than Limited companies with a 7 figure turnover and requiring access by multiple people with different permissions?
https://www.which.co.uk/money/banking/bank-account...

Mick87

75 posts

186 months

Saturday 10th July 2021
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I looked at Starling as I have a personal account with them but for me the biggest off put is the spending/transfer limits and doing payroll payments would be a pain in the arse as you have to do each payment individually.

Cards have a £10,000 daily limit and £25,000 in app/website transfer daily transfer limit. Using the card also lowers the transfer limit too. Transfer limit can be raised for one off payments but have to contact them.

pmanson

13,388 posts

270 months

Saturday 10th July 2021
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I'm in the process of moving away from Tide to Virgin Bank.

Nothing wrong with Tide but it was all linked to my phone so I was the only one in the company who could make payments.

hyphen

26,262 posts

107 months

Wednesday 28th July 2021
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Open a couple rather than just one. Split balances amongst them and see which one you like the most and want to be the primary one.