[Carl2009]

Hi all,

Has anyone received a latter from Santander telling them of changes to their previously free banking service?

I was with Alliance and Leicester and as long as I deposited £1000 per month I had free banking (no charges for cheques in or out, cash in or out etc etc). When Santander took over they continued this. Now they are saying that there are specific limits:

I'm allowed to deposit up to £3000 in cash (new charge is £1 for every £100 about £3k deposited)
I'm allowed to deposit up to 100 cheques free, after that each cheque deposited charged at £1 each (ouch!)

Bacs credits, debit card payments, DD's transfers remain free.

I'm gonna have to move as many people as I can over to BACS. I've been doing this with new custies but am going to have to make a concerted effort to move older ones across.

[DaveG]

There's a thread running already Carl..

http://www.cleanitup.co.uk/smf/index.php?topic=193456.msg1677709#new

[8weekly]

I'm taking advantage of two years free banking with Nat West. I applied last night.

[Carl2009]

There's a thread running already Carl..

http://www.cleanitup.co.uk/smf/index.php?topic=193456.msg1677709#new

Cheers Dave

[dazmond]

surely you dont deposit more than £3,000 a month cash and 100 cheques every month if your a sole trader mate?

if you are you must be rolling in it!

i bank about 30 cheques a month these days,loads of BACS,a few standing orders and the rest cash.

[richard groves]

I really have a disliking to banks and their charges and so have never banked with them.
I have always used Nationwide building society.
I do not have a business account as such. I don't know if its still the case but they used to insist on an opening balance of £3000 to have a business name on account e.g. to accept cheques made out to your business name as opposed to your name.
They seem to have no problem with the latter as long as I limit the maximum number of cheques paying in one go to 10.
I opened a second current account with them to use for taking bacs payments from customers, that I then transfer to my main current account via internet banking.
Does anybody else do something similar ?