Forum

business banks
 

just had 5 accounts closed at nationwide for using them for business. Do business accounts work with mismatched names? Any that are easy to open new accounts online? And do they have fees for withdrawing paypal into it?

Re: business banks
 

I've used Natwest business accounts and they work fine. Stick to banks which you know work, and they should be fine even if they are business accounts. Natwest don't charge fees to withdraw from paypal.

Re: business banks
 

Natwest is is great and HSBC

Re: business banks
 

Fees aren't usually incurred on deposit from PP..it's when you withdraw FROM the bank...

Re: business banks
 

I generally avoid HSBC, only because they are in cahoots with PayPal (as per their user agreement so who knows when they might 'share' information), but Santander and Barclays work great for me.

Re: business banks
 

i tried to open an accrt ewith hsbc yesterday and they wanted 5 pieces of info ebrything had to match i said thats my mailing address and if u wanna do business through paypal i had to get a dba i walked out and wentto chase across the street lol according tohsbc they have dchanged alot of policies and are very strict not so sure mismatched names will work anymore there

Re: business banks
 

really ? Barclays works? I thought they didnt accept mismatched names or am i mistaken?