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Best Business Bank

  • 10-03-2010 10:41am
    #1
    DanGlee
    Registered Users, Registered Users 2 Posts: 385 ✭✭


    Hi,

    I hope this is OK in this forum as its aimed at a topic for startup business? )please feel free to move to correct thread)

    Anywho...

    Basically, just got my company registered via CRO so need to get a business account setup. So far, the only advice I was given is try to avoid your own personal account (for me is BOI). I think the only reason for this advice was just to keep business and personal separate, nothing against BOI :)

    So I was wondering if anybody who has setup a business account for a small business, which would you suggest, is there any perks betweek banks, incentives etc...

    At the moment I can only think of :

    AIB
    Ulster
    Permanent TSB
    Bank of Ireland
    (not Halifax anymore!)

    Is there any I missed? There not many options!

    Any advice or tips appreciated :D


Comments

  • #2
    TheCostumeShop.ie: Ronan
    Company Representative Posts: 1,740 ✭✭✭TheCostumeShop.ie: Ronan


    If i were you i'd interview them all and find out which bank manager will work hardest for you.


  • #3
    wapnote
    Closed Accounts Posts: 43 ✭wapnote


    Another reason to avoid Bank Of Ireland is their account application form. When I was setting up a business account a year ago I went to BOI first - but on their account application form they were looking for a full list of all the personal assets and bank balances of all directors. I thought this to be a bit strange - I can understand why they would look for this on a loan application form maybe if personal guarantees were required, but on an account application form for a limited company?

    I went to AIB and their application form was very straight forward.


  • #4
    adam111111
    Registered Users, Registered Users 2 Posts: 41 ✭adam111111


    hi there
    i need some advice in relation 2 chosin a bank 2 set up a business account , which bank do u think is more suitable than others , charges less , offers better customer service ...... any advice will b much appreciated :)


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