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excossack

Member Since: 22 Feb 2012
Location: North West
Posts: 5850

1999 Defender 110 Td5 SW Caledonian Blue

Community group type bank accounts

For those who are members of small groups i,e Amateur Radio group, maybe a small community based group, who do you bank with?
The reason for asking is the bank the local Amateur Radio group that I am a member of will soon be charged £5 a month which may not sound a lot but that's like two more members that need to join just to pay for the fees. We are already a small group as it is so if there is an option to move accounts to a more community friendly account then this will be considered.

cheers 1999 Defender TD5 110

Regards
John M0VAZ
Econet Station 48 no clock

17th Nov 2021 8:39am

miker

Member Since: 13 Sep 2015
Location: Surrey
Posts: 1763

I run a scout group. They're gradually all ruining community/charity accounts as it's another low profit/high hassle product line sadly.

Some of the banks do offer business accounts that remain free under a certain threshold of turnover. I have heard that metro is one of them!

17th Nov 2021 9:42am

excossack

Member Since: 22 Feb 2012
Location: North West
Posts: 5850

Cheers. This looks an option
https://www.metrobankonline.co.uk/business...t-account/ 1999 Defender TD5 110

Regards
John M0VAZ
Econet Station 48 no clock

17th Nov 2021 9:54am

kmac

Member Since: 07 Oct 2009
Location: Middlesex
Posts: 1309

2009 Defender 110 Puma 2.4 USW Santorini Black

Also check out Tide. Its an app only account and they only charge for transactions - e.g. 20p to receive electronic funds. If you don't need a cheque book it should be fine.

Wise also now has Uk accounts but I don't know their charges

17th Nov 2021 11:44am

Race.it

Member Since: 27 Aug 2019
Location: Algeciras
Posts: 823

2010 Defender 110 Puma 2.4 SW Alaska White

revolut does a business account also Searching for my first Defender...and started just as Covid hit, so talk about timing.

5 months after starting the search I found it, and here is the details

17th Nov 2021 1:09pm

AMBxx

Member Since: 24 Jul 2016
Location: York
Posts: 1032

2015 Defender 110 Puma 2.2 XS CSW Orkney Grey

Metro are looking wobbly. Not sure I'd want my money in there. I know it's safe up to £85k, but what a load of hassle if they do go down.

Revolut aren't a bank (they have no UK banking licence), so no cover if they go under.

No idea what constitutes a 'Community' account, but Starling are free if you just need basic banking services for a business or personal account. Just no cheque book.

17th Nov 2021 1:51pm

SJT

Member Since: 18 Jan 2021
Location: Somerset
Posts: 27

My own business has been with Starling for a year or two now....

from me! D5. Previously 90HT, D4, D4, D4, D2, D1 (3 door V8!)

17th Nov 2021 2:17pm

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