Sunday, 17 February 2008

Laughing All The Way To The Bank

If you thought trying to find a personal current account was confusing, try looking for a business banking account!

Personally, I don't subscribe to the idea that finance is complicated: at least it shouldn't be. What causes confusion is the endless parade of special deals for new businesses, limited offers and tiered rates. My basic rule when looking at these things is simple: if it can't be explained to me on a side of A4 then I don't sign up!

I've found the British Bankers Association web business banking comparison site useful. It's run by business end of Moneyfacts, called not surprisingly, Business Moneyfacts. At least it gives you somewhere to start and is impartial. During the search you can specify if you need a company credit card or an overdraft for your firm.

You can find the BBA search here.

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