bank charges

[brightspark]

what a rip off . got a text today from hsbc I'm going to be overdrawn in my business account today 1st time ever they charge 29 percent interest and 8 quid a day for overdraft facility I have it p;isses me off cos im owed thousands by punters at the moment who seem to use businesses as free loans but I have to fork out monthly on my bills to suppliers. gonna start putting my prices up . I pity these folk who use payday loans '@1200 PERCENT ON THE TELLY it used to be called loan sharking now its legal and they wear suits .at least dick turpin used to use guns and wear a mask when he robbed u

 

[WorkshopChris]

Business bank accounts are just a source of cash for the banks, we were with Lloyds and had a good working relationship with local branch manager the it all went to regional centers and a monthly charge if you wanted to have access to a named manager. Fees just to arrange or alter overdrafts.

 

[Kayos]

Just changed to NatWest business, no fees for 18 months

 

[the snooper]

C

what a rip off . got a text today from hsbc I'm going to be overdrawn in my business account today 1st time ever they charge 29 percent interest and 8 quid a day for overdraft facility I have it p;isses me off cos im owed thousands by punters at the moment who seem to use businesses as free loans but I have to fork out monthly on my bills to suppliers. gonna start putting my prices up . I pity these folk who use payday loans '@1200 PERCENT ON THE TELLY it used to be called loan sharking now its legal and they wear suits .at least dick turpin used to use guns and wear a mask when he robbed u

Change the terms of business to 14 days and start slapping interest on anything outstanding after that period, they soon start to pay

 

[zx9]

it p;isses me off cos im owed thousands by punters at the moment who seem to use businesses as free loans but I have to fork out monthly on my bills to suppliers. gonna start putting my prices up

I have a couple of customers that regularly take two or three months to pay, I now charge them more than my better payers and don't fret so much.

 

[Kayos]

Also got my card reader today so less excuses, everyone has a debit card these days

 

[zx9]

Change the terms of business to 14 days and start slapping interest on anything outstanding after that period, they soon start to pay

Despite what the government say in the real world it don't work that way, sole trader v. ltd company and you have to whistle for it.

 

[Robotstar5]

Despite what the government say in the real world it don't work that way, sole trader v. ltd company and you have to whistle for it.

I know a one man band automation engineer who got fed up with one company failing to pay so he went to their reception and asked for his overdue money, receptionist told him to contact the accounts dept. so he pulls a sleeping bag out of his backpack and unrolls it across the chairs, someone from accounts was down in a few minutes with his cheque

 

[rtbcomp]

Just changed to NatWest business, no fees for 18 months

Then no testicles for the next five years

 

[knighty]

what really annoys me is paying a fee for paying in cash!

most people go to the bank to take cash out, so you're going the bank a favour by taking cash in, saves them have to move it around so much

 

[brightspark]

well just got a punter to pay a couple of grand for a job bank transfer that got me out of it as I had a couple of wholesalers sending red letters of over due payments .

 

[Kayos]

Then no testicles for the next five years

They're not too bad actually, plus I can charge the customer card fees

 

[Cobbler]

They're not too bad actually

What your testicles?