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Scottish Trust Deed Forum
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18/05/2015 6:05 pm
hello i am in trust deed and i had to close my previous company and now opened a new one and hence need a new business bank account.my previous business account was with barclays which was opened before trust deed started but now they wont open a new business account for the new company for me and same is all other banks, no one seems to open it though i am not borrowing any money off them.tried cash plus business account and card one but they dont offer statements but i need one which can send me regular monthly statements
18/05/2015 6:34 pm
Hi ibmstyle.
From the previous experience of posters in this forum I think obtaining a business bank account (where you're the owner and director of a limited company) while in a protected trust deed can be a real challenge.
An alternative to the High Street banks that I've seen mentioned in a few places is the paid-for business account with "Card One Banking". I don't have any feedback about it to share with you though.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
18/05/2015 9:17 pm
Hi ibmstyle -
I found myself in the same situation., its super tricky to get any kind bank account business or otherwise until your discharged (in my experience)
I am using cash plus just now, and whilst not ideal as there are charges etc.
The account serves its purpose, there is a facility to create a monthly statement that you can save as a PFD, you can then print it off, though it won't get sent to you, you will have a monthly audit trail. hope this help
