Option 9 is our only business account choice for those who are currently/previouly been in an IVA / CVA's or have outstanding issues with all the other banking institutions we would normally apply to.
This account is availble to limited companies, soletraters, partnerships and charities, most poor credit rated applications are accepted, however CVA's and IVA's only have a 50 / 50 sucess rate.
If you are a serving IVA / CVA then this is probably your only banking option for an high street bank. The account offers limited features, and isn't particularly designed for large business activity, usually this type of account only serves as a money in, money out account. |