Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

cheques in my business name

  • 11-11-2009 9:23pm
    #1
    mondeo
    Registered Users, Registered Users 2 Posts: 3,680 ✭✭✭


    Recently I setup a new business, I have my business name setup e.g (Joe bloggs shoes) however can I accept cheques written out to my business name (joe bloggs shoes) from my clients now or do I have to set somthing up with my bank inorder to cash the cheques written out to the name of my business or whats the situation? I'm new to this sort of thing.

    Thanks


Comments

  • #2
    kenbrady
    Closed Accounts Posts: 404 ✭✭kenbrady


    mondeo wrote: »
    Recently I setup a new business, I have my business name setup e.g (Joe bloggs shoes) however can I accept cheques written out to my business name (joe bloggs shoes) from my clients now or do I have to set somthing up with my bank inorder to cash the cheques written out to the name of my business or whats the situation? I'm new to this sort of thing.

    Thanks
    You will have to setup a business bank account to lodge the cheques.


  • #3
    gerico
    Registered Users, Registered Users 2 Posts: 74 ✭✭gerico


    before your bank will open a (current) business account you will have to provide a copy of your business registration as received from the CRO to the bank. Bring this with you when you go to open the account in whichever branch you choose once the a/c is up and running after a few days you can lodge your cheques.


  • #4
    mondeo
    Registered Users, Registered Users 2 Posts: 3,680 ✭✭✭mondeo


    gerico wrote: »
    before your bank will open a (current) business account you will have to provide a copy of your business registration as received from the CRO to the bank. Bring this with you when you go to open the account in whichever branch you choose once the a/c is up and running after a few days you can lodge your cheques.

    Thanks mate,

    Is there a montly fee to keep a business account open?


  • #5
    kenbrady
    Closed Accounts Posts: 404 ✭✭kenbrady


    mondeo wrote: »
    Thanks mate,

    Is there a montly fee to keep a business account open?
    you should get a fee free account for a year, depends on the bank and what services you require, call around and compare offerings


  • #6
    tombull82
    Registered Users, Registered Users 2 Posts: 910 ✭✭✭tombull82


    I done BOI, AIB and Ulster banks looking for a Business startup Acc.
    Went with BOI in the end. seems to be a much better option tbh and rates seem better with them.


  • Advertisement
  • #7
    Dakor
    Closed Accounts Posts: 44 ✭Dakor


    I got a 2-year free business account with Ulster bank.


  • #8
    sonic74f
    Registered Users, Registered Users 2 Posts: 56 ✭✭sonic74f


    tombull82 wrote: »
    I done BOI, AIB and Ulster banks looking for a Business startup Acc.
    Went with BOI in the end. seems to be a much better option tbh and rates seem better with them.

    @ OP, AIB are also doing a 2 year free banking and free online banking.

    @ tombull, what swayed it with you to go with AIB over the others?


  • #9
    Lorelei
    Registered Users, Registered Users 2 Posts: 116 ✭✭Lorelei


    I initially opened with Bof I after it taking them 3 attempts to finally print my name on cheque books correctly (might not seem important, but there are people who would see this rightly or wrongly as lack of care), plus having tried 3 times to avail of their free offer of an accountants advice (this was last year) went to Ulster bank.
    Gave me a business card which gives a certain amount like a debit card. Full amount has to be paid 10th of following month but NO INTEREST:)
    Since then I asked for short term overdraft as Google billed me € 300.00 plus more than they should have, Ulsterbank gave me sum required and then offered me an overdraft.
    Service following one or two teething problems I now find is super. Have a business account manager who is very good. There is two business account managers in the branch who are always approachable.


Advertisement