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FAQs – If you are looking for answers to any of the questions
below, the BANKING ADVICE GUIDE is designed to help you answer them
and more besides. |
Module required to answer question. |
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How do I stop my bank charging me whatever they like?
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Bank Negotiations
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I have had a period of free banking on my account and now the
bank is charging me for every transaction and it is very
expensive. What can I do?
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UK Domestic Transaction Charges
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Is an overdraft the best way to finance my business?
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Borrowing
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My bank manager has changed so many times that my relationship
is non-existent. What do I do?
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Banking Relationship
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The bank is reducing/withdrawing my overdraft. What can I do?
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Problems Working Within Your Facilities
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Which are the main banks servicing small business in the UK?
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Banking Marketplace
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How do I assess my own borrowing needs?
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Borrowing
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How do I get to talk to my bank manager when all I get is a
central switchboard that sometimes has never heard of him / her?
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Banking Relationship
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How do I stop them increasing their charges to cover their
losses in other unrelated parts of their business?
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Bank Negotiations
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I am struggling to stay inside my overdraft limit. What do I
do?
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Problems Working Within Your Facilities
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I feel my bank is charging me too much. What should I be
paying?
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UK Domestic Transaction Charges
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Which banks can I trust with my deposits and credit funds?
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Banking Marketplace
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How do I negotiate lower charges at my bank?
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Bank Negotiations
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How is the global banking crisis affecting the reliability of
the banks and the way they do business?
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Banking Marketplace
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I seem to be charged a very expensive monthly/quarterly fee but
my bank say “they are just recovering their costs”. What can
I do to challenge this?
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UK Domestic Transaction Charges
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My bank manager appears to say anything to stop me improving my
deal or bank service. Is he correct? Or is my impression
correct?
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Banking Relationship
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My bank will not give me the additional overdraft facility I
need and is bouncing my cheques. What do I do?
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Problems Working Within Your Facilities
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Should I approach the bank I use for my personal banking to
provide my business banking?
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Borrowing
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How do I get a personal service from my bank?
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Bank Negotiations
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I deal with a lot of cash. Is one bank better than the rest at
dealing with it at a good price?
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UK Domestic Transaction Charges
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I have been with my bank for years but there seems to be no
respect for my loyalty in the service offered or the charges made.
Do banks not value loyalty anymore?
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Banking Relationship
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My bank is supporting me through a difficult time with
borrowing facilities but the cost is huge and stopping the
business recovering. How do I deal with this?
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Problems Working Within Your Facilities
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My overdraft rate and arrangement fee have gone up. How do I
challenge them and what should I pay?
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Borrowing
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Should I bank with one bank or more than one? What are the
pros and cons?
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Banking Marketplace
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Can I trust my bank to deal with my business fairly and
honestly?
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Bank Negotiations
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How do I best approach my bank to increase my overdraft
facility?
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Borrowing
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How do I deal with a bank manager who appears to be ignorant
about business and does not understand my results and business
plan?
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Banking Relationship
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How do the banks set charges and are there discounted tariffs I
can apply for?
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Banking Marketplace
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My account has been transferred to a special support department
but they don’t seem very supportive. What can I do?
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Problems Working Within Your Facilities
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My bank is increasing my charges in line with inflation. Is
this common and/or acceptable?
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UK Domestic Transaction Charges
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How can I best negotiate with my bank?
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Bank Negotiations
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How does the banking market affect my interest rates?
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Banking Marketplace
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