Silkysteps early years forum - planning ideas for play

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-   -   Bank account charges (http://www.silkysteps.com/forum/showthread.php?t=6516)

sarahcentral 03-11-2009 11:29 AM

Bank account charges
 
Our Bank has just started charging us for all our transactions.:sigh:

28p per cheque paid in, 89p for every £100 paid in and out and £4 for every wages batch.

This seems steep to us, can anyone recommend a different account?

thanks in advance

Ruthierhyme 03-11-2009 12:23 PM

Hiya, I have an ongoing grumble about business charges :D lol

Could I just ask anyone wishing to name who they would/wouldn't recommend to please do so through PM - Private messaging. :With love: Thankyou.

My setup is very different to the busy goings on of Preschool but will gladly pm details. In brief my bank charges 70p for any transaction that is deemed 'manual - cheque or card, outgoing payments + a standard monthly service charge - that stands for the duration the account stays open. Automated incoming credits are free, plus a set amount of cheque and cash deposits. All the transaction fees will subside considerably once the account rises above £1000, which is what may not be so good for settings.

There are a lot of other fees for situations that I've not yet come up against but are easily matched/accessed via their tariff pdf.

Hope that helps, let me know if you'd like more info..
xx

littlebird 03-12-2009 09:40 PM

I suggest you move banks.

I have a business account with ABBEY
they dont not charge for any transactions.
you can bank 250 cheques per month with out charge
i think cash is higher.
i have been with them for 4 years now and have not been charged a penny.

sarahcentral 03-12-2009 10:07 PM

:thumbsup: Thank you!

Sarah87 05-26-2009 11:58 AM

Please PM banking names sorry - is good for business accounts as well.

Ruthierhyme 05-26-2009 01:48 PM

Hi, please pm personal details of banking names.

You must have a good relationship with them, what are the bits you'd recommend to others?


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