Tuesday, December 14, 2010

What is the best bank account for a not for profit organisation?

What is the best bank account for a not for profit organisation?
Is there such thing as free banking for a not for profit? We are not a charity, just not for profit, and looking for the best bank account in terms of low (or no) fees. Some do a year's free banking but we cannot find any that do completely free banking - does this exist? We were originally tempted by the co-op's ethical policies but they aren't so ethical when it comes to allowing Christian groups to speak about what they believe, so that put us off, even though we are not a Christian group. Any advice most appreciated!
Small Business - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
If you want ethical try the Co-Op Bank, a decent rate of interest try Alliance and Leicester.
Answer 2 :
Most banks do a "Treasurer's Account" for clubs & societies which is free - ask in your local branch, or check the comparison tables at the link below
Answer 3 :
Abbey National have a business account which includes almost every service for free, forever.

Read more other entries :