cm club: home insurance & business baanking people??

[StrawberryMoon]

my current b&c insurer wont cover me once i start working!!??? so who uses who???

and business banking.got details from abbey coming thru for lifetime free business banking but are these any good?

I use NCMA ins - less than m prev insurers

I use a deposit account with NW (I'm not admitting to running a business...all those chqs are just birthday presents)

so are those better than business accounts??

and have emailed ncma last night but not heard back yet?

i used to have a business account but it cost me to put cheques in and write cheques so i changed to a current account
this is fine as long as you keep your bussiness money and personal money separate

well the abbey has lifetime free banking and no charge for sending recieving cheques etc?

and we have our car ins thru tesco so may give them a try thanks

Hiya.
I used to work for the Abbey for 6yrs as a FA. I've found that the Abbey business account is good but you have more flexibility with a normal bankaccount.

If you set a seperate one from your normal account and just use that.

If you want to transfer between the two then it's instant. e.g. paying yourself!!!

thanks for that..i thought you 'had' to have a business account??

You HAVE to have a seperate account for the business!!! If inland rev. want to investigate all they want to know if are your records and statements the same and is there an explanation.

so can be normal account, just as long as my house hold bills dont go in/out of same account?!.good thats easier then!

Alot of people use normal account for their business!! You have more flexiblity with one anyway. Abbey don't allow for any payments paid in/ out over the counter.
that was the biggest grievience when i was there and was the cause for a lot of people changing accounts. for others that works well so it is up to you.

ah..now i would be needeing to pay over counter..so they are deff no no then with b.account..thanks for that bit of advice!

No problem