Industry experts say that if you’re planning to set up a new business, one of the first things you’ll need to do is to open a business bank account, and while many simply use their personal banking provider, it’s important to compare business bank accounts before simply blindly going forward.
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Current accounts not for savings, says BBA
A new announcement from the British Bankers’ Association recently said that current accounts were not designed with the intent to save money, instead insisting that they should be used in order to manage cash in a day-to-day manner.
Businesses go bank shopping to reduce risk
UK enterprises have begun to compare business bank accounts in an effort to reduce their risks in relying on any one particular bank that may be subject to failure, a new survey has found recently.
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