Foerster Business Solutions Limited (FBSL) specialise in helping customers to obtain full status business
banking facilities for their new or existing business with a choice of banks.
You can now form a new company
formation through Foerster Business Solutions Ltd (FBSL) inclusive of a poor credit bank account, the type of account is dependant on your particular adverse credit circumstances, and is completely non status. Note if you do not have a poor credit rating you can apply for one of our is non status business bank account completely free of charge.
Many of our clients however, have for whatever reason an adverse credit rating, our Business Package facility is perfect for this type of scenario. Below we have outlined how this excellent package works. Below are our full terms and conditions.
Poor Credit bank account with a full limited company.
____________________Go to our Term & Conditions_________________________
How our Ltd & Bank account service works
1. How can you get me an account when I can't?
Over the years we have developed special relationships with most of the high street banks, and because we are one of the leading banking agents in the UK, we are able pass on these benefits to our customers.
These Bank Accounts are normal high street accounts offered to you on their regular terms. We work very closely with many of the necessary institutions and banks to open 1000's of accounts every year. Our credentials are supported by many testimonials available from our team on 08443 575859 / 08443 575879.
2. What do you charge and will it work for me?
Your application is dealt with on a personal basis, we do not receive any commissions from the banks and thus we must charge you/your Company for this service, our fees vary and are based on the type of account selected which is usually dependant on your personal circumstances, and with which institution we can place you, the account you have selected is our Business Package offering a limited company and non-status business bank account, personal accoun and basic bank account.
3. How easy is the process?
We do much of the work and organisation for you. You are required to check and sign 3 application forms and produce your personal ID and any other documents we have advised you require, note the FSA (the Bank's governing body) require to take your IDf to the bank to be verified. You will not be required to produce a company plan but dependendant on the banks business manager you may be required to attend a short interview.
4. How long will it take to open my business bank account?
We would never mislead our clients into thinking this process is super fast, if a business is desperate for an urgent banking facility then our this option would probably disappoint you, account approval is usually dependant on how busy the banking institution is at the time of application submission. The Banks advise as a general guide to timescales once they are in receipt of an application the process usually takes around 14 to 28 working days.
Once we have registered your Limited Company we will complete a business application form and send it direct to your registered/business office address for checking and signing, you are then required to take the completed application with your ID, and any other documents we have specified in our cover letter, to a local branch that we have selected for you, they will verify and copy your ID and retain it with the application. Your application is dealt with centrally thus needs to be sent off for processing, once it has arrived back at the branch the business manager is likely to request you attend the bank for a short interview.
Please be aware that the Bank will in all cases require a contact telephone number and in most cases will need to make contact with clients, calls are usually received as call withheld or 0845, please make sure you respond to these calls the banks are very busy and it will delay your application if no contact is made.
5. What if I have been refused by some banks?
Should your application be refused you will be given the option to try another bank, we have servral options but usually the first option is successful, we ask clients to name any banks where they have had previous applications refused and/or banks they have current/previouly had issues with so that we can avoid them in the first instance.
6. What features come with my account?
Option 1 offers the following features:
- Limited company / sole trader / partnership
- Direct debits
- Standing orders
- Cheque book
- Paying-in book
- Cash card or Electron card
- BACS / CHAPS
- Company debit card (negotiable)
- Choice of Banks
- Telephone & Online banking
- No opening balance needed
- No Bank interview
- No Business plan required
- Upto 2 years free banking in most cases
- Account transferred to a branch of your choice
7. What Identification Documents do I need?
Please supply 1 from each of the following ID
Picture Identification
- Passport
- Full drivers licence (Photo Licence)
- European Union national ID card
Confirmation of Residence
- Utility bill – no older than 3 months
- Bank statement - no older than 3 months
- Council tax bill – present year only
- Full drivers licence if not already used as your picture ID
- Limited companies will need a copy of their incorporation certificate (NB if client does not have the certificate they can obtain one from our store.
- Soletraders / partnerships how have traded will need to produce a copy of there turnover.
- A qualifying discharged bankrupt will be required to produce a certified copy of the original discharge certificate issued by the courts, if you do not have this document contact the court who issued the bankruptcy and they will supply you an additional copy for a small charge.
- In some instances the Bank also require an original Experian / Equifax report not clients own downloaded copy.
- Written account of why/how the debts have been incurred, must be accurate with amounts
- *This account accepts discharged banktupts, major CCJ's and severe adversities, it does not accept bankrupts and IVA's
All documentation MUST be addressed to the person presenting the documentation.
8. Our Assurance
This service is for a poor credit business bank account and as such should our dedicated new accounts team will work with you all the way through the account opening process until we are satisfied our clients have the very best possible account to fit their particular circumstances, if we fail to obtain the selected account we will make a full refund less £40 company registration fee, however, FBSL's dedicated team will do everything possible to ensure this scenario does not occur.
Please note our service is base entirely on the information provide by the client to FBSL at the point of sale. In the event this information proves inaccurate and the Banks findings prevent account approval, then our offer of refund would be rendered invalid and any fees paid would be forfeited. Should this instance occur we will not abandon our client, without any obligation we will apply to other institutions but this could no longer offer the service under our guaranteed facility. |
