non status bank accounts

MM25 | 17:23 Wed 07th Nov 2007 | Business & Finance

6 Answers

my husband and i had a terrible year last year buried our heads in the sand and ended up with a handful of ccj's and defaullts. Due to my dad's generosity we are now mainly out of the woods, a few lingering debts that are now under control. We need to open a business bank account for a Ltd co. , we don't want any credit facilities (never again!), but due to our history won't get one at a high st bank. I've been looking on the net at these companies that can get you a bank account for a fee, however i am wary of handing over �100 up front. Can anyone advise?

i lost my debit card,advice needed

Barclays Travel Card

Answers

1 to 6 of 6

Best Answer

No best answer has yet been selected by MM25. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.

PrinceRainie

Have you got any names for any of these companies that charge you a fee????? I have never heard of this.....and with working in the industry I'm a little worried that they exist?!!!!!!

MM25

Question Author

CVR is one. you only have to google non status bank accounts and loads come up! so if you're in the industry what do you advise i do? I don't mind paying the money as long as i get the service!

Oneeyedvic

Is there any reason you want to go Limited? If you trade as a sole trader you can( initially at least) just pay the money into a 'normal' bank account - you can always go limited in 6 months time after you have traded for a while - most banks will be far more interested then.

PrinceRainie

apologies mm25...got the wrong end of the stick..!
Have you actually spoken to any of the high street banks?
is it a new company you are creating if not how long have you been trading?

WendyS

If you go to:
moneysavingsexpert.com

you will find the site has a lot of Forums, including threads relating to Debt and Bankruptcy.

If you pose your question on there you may well find other people who've had similar experiences who may be able to help you.

You will need to register your email address and preferably provide a pseudanym , rather than giving your real name, to ensure your anonymity.

1 to 6 of 6

Do you know the answer?