Whatever type of business banking you opt for, make sure the bank has a mentor. The sooner you break the dependency, the quicker you keep more of your cash.
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How do you check customer credit as a start-up yourself?
Never be afraid to ask for trade references or do credit checks. Companies unwilling to offer data freely may jeopardise short-term cashflow with late payment.
Customers of 2 banks left unable to use debit cards again
Customers of two personal and business bank account providers were left unable to make use of their debit cards once more due to a recurring ‘service issue’ that has already occurred four separate times over the past few weeks, it was recently reported.
Sainsbury’s offers no-bonus interest rate savings account
The savings account arm of one major UK retail supermarket chain has recently increased the rate on one of its savings products, leading to a 2.9 per cent interest rate offering on a product that is not limited by an introductory bonus rate.
Nottingham BS offers top ISA rates to steady savers
One personal and business bank account provider has come forward with a new deal for steady savers, offering an ISA with top rates to anyone willing to make monthly deposits instead of one lump sum.
Consumers face massive fines on certain current accounts
Too many consumers already strapped for cash are facing massive fines on a selection of current accounts, with some even running the risk of having them closed if they neglect to pay in a minimum amount every month, experts say.
RBS improves its fixed rate bonds by axing nasty catch
One state-owned personal and business bank account provider has recently announced it has binned a nasty catch on its fixed rate bonds and thus improving the offering by a substantial margin, industry experts say.
Savings accounts for over-50s underperforming
Savings accounts marketed towards the over-50s have been underperforming in comparison with more general savings products, leading many personal and business bank account experts to call the situation outrageously unfair.
ING Direct grabs top spot for instant access savings accounts
There’s a new market leader in the instant access savings accounts sector, with one Dutch-based bank offering a new 3.10 per cent interest rate on deposits to reclaim its top spot, experts say.
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