Dormant Company Bank Account

If your business was dormant and is becoming active, you will need to find and open a business account. Taking the time to find the best bank account will ensure your business benefits from the best deal available. There are some accounts which are ideal for small businesses while others are designed for large corporations. To find the ideal business account for your dormant company, you need to consider which features you will require.

For example, in the past you may have held a traditional account with a high-street bank. However, today there are a growing number of challenger banks, which can provide alternative online banks. These banks provide the facilities required, at a lower cost, with the ability to pay cash in via the Post Office.

The cost of an account is always important; however many banks provide an introductory free period to new customers. Although, there are some banks which provide bank accounts with no monthly fees. To find the best deal you need to consider the monthly cost and the charges for your most regular transactions. Unlike personal accounts, there are fees associated with using accounts.

To help you compare costs and key features, we have developed an innovate comparison service. By using our quick filters, you will be able to create a list of potential accounts which match your requirements. It is possible to quickly compare the monthly charges and key features of comparable bank accounts. You will then be able to use the link to the bank’s website, to complete or begin the application form.