You may have seen the recent reports about Santander charging customer for business banking despite promising FREE business banking for life.
This is especially a blow for limited companies that need to have a separate business account in the name of the company.
Money is tight and there is just no need to pay for your business bank account
Let me tell you about the CheapAccounting.co.uk business bank.
After repeated problems when transferring money or paying bills with the CheapAccounting.co.uk Santander business bank account I took the plunge and decided to switch the business bank account of CheapAccounting.co.uk.
I was dreading it – thinking it would take up a lot of administration time, be a complete hassle and CheapAccounting.co.uk would end up being charged for operating a business bank account.
I couldn’t have been more wrong
I contacted a very nice man at HSBC who make the whole process really easy for me including transferring all of our direct debits etc.
Within days we were set up with the new business bank account and what is even better it will be FREE forever. Why?
Business Direct
If you ask for a Business Direct bank account nearly all of your transactions will be free and there is no account maintenance fee. Result!
Have a look at page 5 of the HSBC price list at:
www.cheapaccounting.co.uk/hsbc-price-list.pdf
Do make sure that you ask for a Business Direct account – if you need any help contact me at admin@cheapaccounting.co.uk and I will put you in touch with my very nice man at the HSBC who helped me.
It’s so simple to do – don’t give Santander any of your hard earned money to operate your business banking.
Share
Web Site
Email Us
Our Fees
Our Credentials
Accountancy Franchise
Follow Us
Read the blog
Find us on Facebook
Read our Blog feed
A nice man at HSBC?
My experience was totally different, being a business customer from the days of Midland Bank.
HSBC in 2009 shut my account after a bad cheque from a convicted fraudster.I checked progress.
Told it had cleared used money in business.
Then bingo money taken out, no conversations, no help.
All paid back then because I held bank partly responsible, they shut my account.
Wouldn’t trust HSBC on any deals.
Just my opinion, but recent press reports show how corrupt they are/have been.
I guess we all have horror stories of the banks – I certainly have a few of all of them.
The reason I have changed is for free banking – my expectations of any decent customer service from any bank is very low!
I have to admit to not trusting HSBC much either. I switched from them to Santander just after HSBC’s 18 months starter free banking ended last time. I am a dissatisfied Santander customer, but there really is a hassle in moving and I have seen it go wrong before.
More importantly, has anyone had any success complaining to Santander yet? Seems that FREE BANKING FOREVER is a very specific promise to me and I took them at their word. I guess the ASA will prove as toothless as most government agencies if called upon here.
Hi Alan – the move from Santander to HSBC really was easy for me. I guess I was prepared to do this rather than give Santander £7.50 a month – that is a bottle of wine
Actually, I am considering doing it, definitely. I hate paying unnecessary fees too. My point was that no-one should expect this offering to stay free forever either, but at least HSBC don’t seem to be promising that. Unlike some!
From what I see the HSBC Business Direct charges for some things but if all your transactions are on line you don’t pay as the service is provided by a ‘computer’ – seems sensible to me. Shall I email you my contact at HSBC who made it all easy for me Alan?