Which UK Business bank?

- J
- Jon
  
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posted
19 years ago

Wed, Nov 3, 2004 3:30 PM

I want a new business account for a different brand of product I sell. It will have very little activity in the account, maybe one or two transactions per month. Mainly, it will receive a dollar cheque that will be converted into Sterling.

Also, if this is relevant, I will be using a business address which is not where my current business is. I pay a 20 fee per month to get to use prestigious sounding address. My mail is forwarded onto me.

Any suggestions on who I should go for? I need to set this up quickly.

What do they charge to convert a $5,000 cheque into Sterling?

If I am "trading as" can I just have "My Widget Business" on the cheques and credit cards rather than, "My Name trading as My Widget Business".

Jon

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- M
- mogga
  
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Vote on answer
posted
19 years ago

Thu, Nov 4, 2004 9:28 AM

Bank of scotland have interesting charges for $ cheques over £1000 - its about $60 tops though I think... The charges aren't on any leaflets though...

You'll need various ID to open an account - and they're fussy about this. So you might be better asking at where you have your existing bank account as they might require less.

Various threads on this group about US$ cheques

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