One of the first things you'll need to do is to set up a business bank account. We're on hand to help.
My Accountant Friend partners with two of the UK’s leading banks – HSBC and Cater Allen. We recommend these banks as offering the best deal for contractors.
Below you’ll find details on what each offers and how to open an account with them.
Cater Allen is part of the Santander Group and one of the UK's leading banks.
The bank has a reputation for innovative service and dedicated support for contractors.
For details on Cater Allen please go to: http://www.caterallen.co.uk.
Account Benefits
We've negotiated free banking and no fees for our clients and easy, fast access by phone and online. Account features include:
Cheque book for easy access
Telephone banking – available from 7am to 11pm, 365 days
No minimum balance
Free banking for up to 30 transactions per month
Free direct debit and standing order facilities
Counter facilities at Royal Bank of Scotland branches
Bill payment facilities
Account Opening
To open an account with Cater Allen please download the forms below and send them back to us at: My Accountant Friend, 79 College Road, Harrow, HA1 1BD.
Limited Company Application form
Robert.Gray3@caterallen.co.uk or on: 0207 489 2331. Please mention us as the referrer if you do speak to Robert.
HSBC is one of the world's largest and most respected banks with over 100 million customers and 8,500 offices in 86 countries.
HSBC are a great option and particularly valuable if you travel frequently and need a global network. For more information please go to http://www.business.hsbc.co.uk/1/2/
After reviewing our business thoroughly HSBC agreed to partner and work with My Accountant Friend in providing banking services to our clients.
Account Benefits
Clients opening a business account will receive the following:
Free business banking with no charges for 18 months
24X7 Internet banking with HSBC’s award-winning internet service
Credit card facilities
Banking at over 1,500 branches with access to a local Business Specialist
Business telephone Banking with UK call centres
Text message banking and updates to keep track of your account on the move
Business help and guidance from our trained specialists
Free business support and resources
So, HSBC are a great option and particularly valuable if you travel frequently and need a global network. For more information please go to http://www.business.hsbc.co.uk/1/2/
Account Opening
My Accountant Friend has agreed a streamlined account opening process for our clients.
To open an account please contact Vish Dattani at: vish.dattani@hsbc.com or call on: 08455 833325. Please mention us as the referrer if you do speak to Vish.
You will complete an application over the phone and will then need to go to a local HSBC branch to provide identification. Your account will then be opened within 2 working days.
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