[Clever Forum Name]

Looks like barclays are going to be charging 35p for every online transaction now.

So if customer pays online 35p! Customer pays via go cardless 35p!

More banks are set to follow so Barclays have said.

I would say this will at least double my charges !

[Clever Forum Name]

Here is it!

http://www.thisismoney.co.uk/money/markets/article-2541790/Barclays-hits-250-000-firms-shock-fees-Tarnished-bank-faces-fury-forces-customers-accounts.html

I had the letter in Jan asking me to switch! I said no! Now in August i get switched over!

35p an online transaction is a joke.

[Clever Forum Name]

I get my card reader this week, so i may well switch over and start taking cards and make sure i dont get cheques!

[Spursboy1972]

I had this with Nat West a few years back and so my charges are now fixed per month, whatever the type or number of transactions I carry out..

[Jonny 87]

£25 a month flat rate for me. I like to know what I'm paying.

[Spursboy1972]

same as

[Clever Forum Name]

I may have to change over but my god it will be a ball ache

[Martin Lane]

go on the e- payment plan  this includes free online payments, set up a savings account in the company name, pay all cheques  cash in to the savings account, which has NO  charges, then transfer  free from savings account back into current account

Barclays estimate on my last years payment my charges will be £1500 a year, the above way will be about £100

[Clever Forum Name]

ahhhhaarrrr yes i was thinking along those lines before i got a business account some years ago. Thanks!

The idea is to stop taking cheques, and card payments only as well.

Thank You!!!

[duncan h]

Its a rip off. Why charge? First time I was self employed I had a business account. Second time, standard. Pay in cash or cheque. If you use bacs etc thats  different. If you all collected cash, what would happen?

[PoleKing]

Its a rip off. Why charge? First time I was self employed I had a business account. Second time, standard. Pay in cash or cheque. If you use bacs etc thats  different. If you all collected cash, what would happen?

I've got a Barclays business account.
Cash goes into my HSBC personal account, then BACS'd across.
Cheques go in my free Santander business account, then BACS'd across
DD, SO etc goes straight in/out of Barclays.
What's the monthly charge? £6 or something... Happy days

[Stoots]

yep

had them for a year (my first year in business) when charges were free. ive just closed my account with them

I now just have my current account, but i just pay all my bills, petrol food etc in cash and generally dont have a great deal left to pay in anyway so for now simple

[Spursboy1972]

A sole trader does not need to have a business account. It is not a legal requirement.

[duncan h]

A sole trader does not need to have a business account. It is not a legal requirement.

It is but the bank would ask if it was for business "NO" well why is all this  cash deposited  etc. There grabbing gets