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by framp 4016 days ago
It's not a legal requirement and they're certainly not free AFAIK.

It is a requirement for partecipating in certain contests (eg: Microsoft had a program for investing in indie games company and they required to use a business account entitled to the company) but I still haven't heard such requirement from a client.
1 comments
Nursie 4016 days ago
>> It's not a legal requirement

I'd be surprised if it wasn't a requirement with many clients though, it shows a level of professionalism.

>> and they're certainly not free AFAIK.

You haven't looked very hard then...

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framp 4016 days ago
> I'd be surprised if it wasn't a requirement with many clients though, it shows a level of professionalism.

Agree, but I've never seen such clause in a contract.

> You haven't looked very hard then... I guess it's a service provided by only certain accountants? All the (chartered) accountants I've talked to never offered a free business account. They offered introduction to paid business account but that's the usual.

If it's not and there is a free business banking account with a reputable bank out somewhere I'll be happy to look into it.

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Nursie 4016 days ago
Ok so the the two things I know of are that HSBC will give you a free intro year or two (but that's obviously only useful for a year or so) and that most contractor-specialising accountants have some sort of promotion/deal on with Cater-Allen to get you free business banking at their private bank.
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