Do business bank accounts have charges and fees?

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Hi, I have a question about business bank accounts. Do they tend to have charges and fees, or are they largely fee-free? I know they are all bound to be a little different, but just after a general idea. Thank you in advance

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Hi,

Yes, the majority of business bank accounts have charges and fees attached to them but there are many business account that provide free banking for up to one or two years. However, there will be other fees attached to your account - unpaid item fees, unarranged overdraft usage, late payment fees, etc. Every bank is different when it comes to charges and fees so there really is no way to answer this conclusively.

I would suggest doing an online comparison search to find out what deals are available at the moment. Some good sites to check out include: MoneySavingExpert, Money.co.uk and MoneySupermarket.

a year ago
 

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