I have a small, but quickly-expanding business (about £200k turnover this year, probably half a million next) I have been banking with Alliance and Leicester but have got frustrated with their very poor web-banking interface. I want to switch. I would like the service that automatically empties the current account every night ... I can't seem to find anyone who does this. Can anyone recommend a business bank to me? I hear nothing but horror stories.
I've had the same problem the way our bank treat us you'd think we'd got the plague. Can never get hold of people at the business centre, akes weeks to get paperwork out of them and the stupid thing is we're currently trading at around 1M turnover and it's likely to grow to 5M+ in the next year or two, I even ohoned another branch with a business centre and tried to get a meeting set up so I could move my account and they never phoned back - It's Lloyd's TSB by the way.
I've heard very good things about Nat West's business services but the one thing that has always put me off if the queue at BHS branch always seems to be out of the door. I have been introduced to a business manager at their City branch who is very highly regarded and I am meeting him this week so if he seems as good as I've been told he is I'll send you his details
We have used Royal Bank of Scotland in Bishopsgate for 12 years. The Corporate team is excellent and they too offer a sweep facility. You also get the direct phone numbers of each of the team members, as well as that of your relationship manager, and you can meet up with them anytime. They also do same-day web-based transfers to unlimited (within reason, I suppose) amounts. Let me know if you want an intro.
The company I work for have banked with Lloyds for in excess of 80 years- THEY CANNOT PROVIDE INTERNET BANKING !!
We are thinking of going to A & L , they do a Hiher Interest Cheuebook account ? Looks good, and all Internet options also.