TSB don't seem to understand small business an seem more keen to grab market share than update their systems and processes, simple things like setting up a small overdraft take weeks and need unnecessary amounts of paperwork. Said they will look in to it and told it will take 24h to review , came back after 3days told me its gonna take another 24h came back exact same day then told me we are not dealing with fraud in branch nothing we can do and the woman who deals with our fraud case is gone to holiday.Week went by came back she told me they needed more information came next day brought back all required information. Quint Group Limited is AVOID Move Assets internet banking lagging and slow. No one to handle it for 2 weeks. TSB don't seem to understand small business an seem more keen to grab market share than update their systems and processes, simple things like setting up a small overdraft take weeks and need unnecessary amounts of... Read more. This offer far outweighs many introductory offers from other banks, with the added bonus that you may already bank with TSB or have a local branch close to your place of business. TSB's business banking does what we need from it. I LEFT TSB TWO YEARS AGO after failing to support me with a section 75 claim which should have been refunded for failing and faulty service, they did not stand by me. Business bank account Ready for business. Setting up on line banking or telephone banking is also a joke, they have no real business app only an authentication app which they forced on customers with no alternative and doesn't always work. This bank sent my credit card statements for approximately 6 months to a former address & since then they have been a nightmare to deal with as they applied charges and interest and defaults on my credit file for their negligence! Check out our business banking tables using the button below. Ulster Bank, part of the Royal Bank of Scotland group, has 146 branches in the Republic of Ireland and 90 in Northern Ireland. I resently contacted them to open a new buissiness account what a mistake ! If you cannot remember it, you can reset your password using the link below. TSB couldn't organise the proverbial. They offer two types of account – an Instant Access Account and a Client Account. Money Guru Limited is registered in England and Wales (company number 09842787), Most of the big high street names offer a range of business bank accounts. personal data. We provide full details in our Privacy Policy. Very helpful staff who always have a smile and can help with any queries, Friendly staff- couldnt be more helpful or friendly. Remember that you can write yours too, and join our mission to increase trust and transparency in financial services. But you do get a £250 interest-free overdraft (then 39.9% AER) and customers can open a Regular Saver paying 2.75% AER. Instant access savings only. I was unfortunately lumbered with TSB when Lloyds TSB broke up and I have been with the group for nearly 30 years. I've been with TSB for a couple of decades without any problems, recently they blocked my account and after several telephone calls and multiple visits they still have not unblocked it (5 days and counting). Smart Money People reviewers are split down the middle. Powerful and simple. Formerly part of Lloyds, TSB relaunched as a brand new bank in 2013. After that you’ll be paying £5 a month which will be waived if your average balance over that month is £10,000 or more. and is entered on the Financial Services Register under reference number: 740565. Balance Transfer Credit Cards: how do they work? Still not heard a thing, call them and they are to busy. View balances and transactions while on the go, without having to login online or visit your local branch. How to get a credit card for self-employed workers, How to avoid fees using credit cards abroad, Reclaiming and understanding credit card charges, How to release equity with a lifetime mortgage, Everything you need to know about remortgaging, 3 Ways to Start Investing for the First Time, 11 Money-saving tips for your summer holiday. See business transparency Write a review Write a review Reviews 4,981 Write a review. Apply today through Tide to open an FSCS protected bank account provided by ClearBank. As an established bank, TSB not only provides access to your business bank account through your smartphone and desktop computer, but also through local branches, unlike many challenger competitors. BTW, I have written this while waiting on the 'phone for TSB customer services to answer - it's been over three quarters of an hour - "we'll be with you soon". In it I find they had not closed the account PAID a automatic payment to an insurance company I was completely unaware of and then been adding interest for a year without sending any letters or anything a whole year or more. A business bank account can help you to separate your business accounts from your personal banking, ensuring that your bookkeeping is clear and accurate. Why choose TSB? Poor customer service also made me leave, only used it as a savings current account as such a poor bank customer service wise so didn't deserve the business. Who offers business bank accounts? Still not heard a thing, call them and they are to busy. Trustpilot reviewers are mainly unhappy with TSB’s customer service, citing online glitches and unexpected charges. Business accounts work in a very similar way to personal accounts – you'll be able to set up payments, have people pay you and make debit card transactions. The accounts include an exclusive account for the Federation of Small Businesses members, standard business accounts, cash tariff accounts, new customer offers, and community accounts. But Starling’s banking app in general has received very positive ratings, scoring 4.9 out of 5 in the App Store (from 170,000 reviews) and 4.8 out of 5 in Google Store (from around 43,000 reviews). They did not close it and stated they did not receive my letter which i do not believe at all. Trustworthy, established bank; Local branches available across the UK; Offers 3 different current accounts Their customer service was not willing to listening my complaint and shutting at... Read more. Make transfers and setup standing orders as standard, meaning you can pay suppliers and setup repeat orders for stock you may require. and the UK lending market. Concentrating on consumer credit products, Robert writes informative articles that Business account: Bank account for limited companies and other registered business entities. their personal finances efficiently.

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