View Full Version : Which Business Account?
01-11-2004, 10:32 AM
Could anyone suggest what bank they think is best for a 16 year old sole-trader who wishes to open a business account?
01-11-2004, 01:23 PM
I think you'll have problems. Most business accounts, if not all, require the account holder to be 18+. Having said that, it might be possible for someone else - a parent, for example - to open it on your behalf. I'm not sure.
Someone else will have more information!
If you do get round it, check out Abbey - free business banking forever.
24-11-2004, 11:12 PM
ya! i have tried..... its a "law of the land" that u hav to be 18+
the banks have no say in the matter..... sorta annoyes me.
yer, a parent can open it (as if they work for you) but then if they are on benefits they will be questioned about it and maybe even by the tax man.
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