Our Terms & Conditions

Foerster Business Solutions Limited

1). General Terms and Conditions
2). Poor Credit Bank Accounts terms and Conditions

Terms and Conditions for Company Formations, Free Bank Accounts and Registered Office Services

1. Definitions

our', 'we' and 'us' means Foerster Business Solutions Limited and, where applicable, its officers, employees and authorised agents;
'our site' means our website or websites;
'you' and 'your' include any business with which you are associated and on behalf of which you use our site;
'services' means the company formation service and other ancillary services offered on our site and where relevant includes any goods supplied by us; and
'terms and conditions' includes these terms and conditions of business our Privacy Policy and all other instructions to you posted on our site.

2. Terms and Conditions
2.1 When requesting services from our site you agree to comply with the on-line ordering procedure as prompted on our site.

2.2 When requesting services for the first time we will give you an individual user account number on the basis that you must use this account when requesting services from us.

2.3 These terms and conditions shall apply to all contracts you make with us. Each time you use our services you are offering to contract with us on the basis of these terms and conditions. All access to our site is subject to these terms and conditions. No other terms and conditions will apply to our supply of goods or services.

3. Your Obligations
3.1 We accept orders on the basis that the person placing the order is liable to pay us for the services. It is your responsibility to ensure the security of your user account. You will be liable to pay for any services ordered on that account until we receive notice from you to the contrary.

3.2 We only provide services on the basis that you have given us full and proper instructions and the authority to lawfully carry out those instructions.

3.3 You undertake to ensure the accuracy and completeness of the information you provide us and accept all liability for the rejection of documents due to inaccuracies or incompleteness.

3.4 It is your responsibility to ensure that any company name or domain name you choose is available for registration and can be lawfully used by you. We accept no liability for your choice of name.

3.5 Once we have accepted a request for services you may contact us via our site or at the postal address displayed on our site to ask that your request be withdrawn. Given the nature of the services we provide it will be entirely at our discretion whether or not you are entitled to a refund for those services. In the exercise of such discretion we will consider the extent to which we have commenced work on the provision of that service.

4. Our Obligations
4.1 We will exercise reasonable care in compiling our site, use reasonable efforts to make our site available to you at all times; and take the steps set out in our Privacy Policy to endeavour to secure any personal data or credit card information you give us.

4.2 On accepting a request for services from you we will acknowledge our acceptance and confirm the details you have supplied us with by way of e-mail. Our acceptance of instructions is deemed to have occurred at the time of our sending the e-mail and not at the time of your receipt.

4.3 Until we receive further instruction from you we will keep, to your credit, any application or filing fee that is returned to us on the rejection of any application or filing.

4.4 In the event of Companies House rejecting an application or submission you will have three days to re-submit the application with appropriate corrections at no extra charge.

4.5 If you request we open a bank account for your new company, a service from time to time offered on our site, we will open the account in the name of your company and the first director and secretary will be appointed signatories. When we send you your company documents we will send a new mandate for you to replace these first signatories. We accept no responsibility for the bank account other than opening it in such a manner and otherwise in accordance with the description posted on our site.

5. Price and Payment
5.1 The prices payable for services that you order are set out on our site. We reserve the right to vary these prices from time to time and post such changes on our site. Fees charged by Companies House are those in force from time to time as charged by Companies House.

5.2 Payment will be made by credit card using the procedure set out on our site at the time of ordering. The price of services you order will be confirmed at the time of the request.

5.3 You agree to pay the prices set out on our website for services selected by clicking the accept button.

6. Performance
6.1 Time is not of the essence for the performance of the services. We will use our reasonable endeavours to meet the time estimates given on our site but these remain estimates and in particular we accept no responsibility for delay caused by third parties or for reasons outside our control (such as the unavailability of the world wide web or for computer systems or telecommunications failure).

6.2 We are not obliged to accept any request or to continue to perform any service. We reserve the right to reject any request or to discontinue the performance of any service without liability.

7. Exclusion and Limitations

7.1 We make no representations or warranties about the accuracy, completeness, or suitability for any purpose of the information and related graphics published in our site. The information contained in our site may contain technical inaccuracies or typographical errors and is intended to be a general indication of our services only. Any implied terms including those as to quality, fitness for purpose, compliance with description or sample are excluded unless you deal as a consumer. If you do deal as a consumer these terms do not affect your statutory rights.

7.2 Except in claims relating to death or personal injury resulting from negligence or as otherwise prescribed by law our liability for any loss or damage (compensatory, direct, indirect or consequential damages, loss of data, income or profit, loss of or damage to property and claims of third parties) arising out of any single claim will be limited to the value of re-supplying our site or relevant services to you.

7.3 You agree that this limitation is reasonable having regard to the nature of our site and in particular given that when you purchase information or services through our site you will enter into a separate contract with us in each case.

7.4 Each of the provisions of this clause 7 shall be construed as a separate, and severable, provision of these terms and conditions.

8. Variation

8.1 We reserve the right at any time without notice to revise the content of our site (including the services offered by us) and the terms and conditions. Any changes to the terms and conditions will be posted on our site and by continuing to use our site following any such change you will signify that you agree to be bound by the revised terms and conditions.

9. Termination of Access

9.1 We reserve the right in our sole discretion to deny users access to our site or any part of our site without notice and to decline to provide the service to any user that is in breach of the terms and conditions.

10. Links to other sites

10.1 Certain links, including hypertext links, in our site may take you outside our site. Links are provided for your convenience and inclusion of any link does not imply endorsement or approval by us of the linked site, its operator or its content. We are not responsible for the content of any website outside our site.

11. Force Majeure

11.1 We shall not be liable to you for any breach of the terms and conditions or any failure to provide or delay in providing our services through our site resulting from any event or circumstance beyond our reasonable control including, without limitation, breakdown of systems or network access, fire, explosion or accident.

12. Privacy

12.1 You agree that we may collect, store, and use information about you in accordance with our Privacy Policy. You acknowledge and agree to be bound by the terms of our Privacy Policy.

13. Bank applications

13.1 All status bank applications to HSBC, Barclays and Alliance + Leicester are introductions only, we do not charge for this service, anyone can apply for one of these accounts completely free of charge through our website or via telephone, acceptance is subject to the respective banks internal processes and their decision is usually finale, Foerster Business Solutions Ltd has no influence over the banks decision making.

13.2 All bank applications are subject to the respective banks own internal status checks.

13.3 Foerster Business Solutions Ltd can only place Non-UK residents with HSBC and Barclays again acceptance is based entirely on the banks internal scoring system and acceptance is not guaranteed.

14. Contact Cancellation

14.1 You the consumer, have the right to cancel a contract for the provision of goods or services, by notice in writing, at any time from the day after the contract was made. If, however if we have started to perform our side of the contract before you exercise your right to cancel, then the right to any refund(s) are lost.

15. Ownership Rights

15.1 All rights in the design, text, graphics and other material on our site and the selection or arrangement thereof are the copyright of us or other third parties. Permission is granted to electronically copy and print in hard copy portions of our site solely in connection with the acquisition of goods or services through our site. Any other use of materials on our site (including reproduction for purposes other than those noted above and alteration, modification, distribution, or republication) without our prior written permission is strictly prohibited.

16. Third Party Rights

16.1 These terms and conditions are not intended to be enforceable by any third party as provided by the Contracts (Rights of Third Parties) Act 1999.

17. Jurisdiction

17.1 Our relationship with you will be governed by English law and will be subject to the exclusive jurisdiction of the English courts.

Terms and Conditions for Poor Credit Bank Accounts advertised on this website

The following Terms and Conditions apply to all the Poor Credit Bank Bank Accounts offered on our website.

To give you a clear understanding of the processes involved in obtaining a bank account whilst your underling credit circumstances may carry one or several adversities, it is strongly recommended you read all sections of these terms and conditions.

You can also contact us to explain the processes and terms and conditions.

How FBSL can help
We know the right places to look. Over the past 5 years we have continually searched the market place and found institution that provide bank accounts for those with less than perfect credit ratings.

Several of these banks we have now established a special relationship and although we (or any other company offering this service) cannot guarantee your account will be accepted (because we are not the actual bank and the finale decision is theirs), we do offer a full professional assessment prior to submitting your application, then should we determine the account is likely to be declined we will offer you your money back in full.

Throughout the past 5 years we have helped several thousands of people obtain business bank accounts and personal accounts, accounts they probably would otherwise never have obtain without our help, these customers can now operate as professional business entrepreneurs and/or family's controlling their finances with fantastic banking facilities.

Throughout the life of our Company it has been our experience that more that 95% of all application placed are accepted, this is a true reflection of our commitment to getting the account you desperately need, why not call us first to discuss your own personal issues 08443 575859.

All the accounts recommended to you are placed with high street banks and are offered to you on their regular terms and conditions.

We must point out that all the banks we deal with are high street banks regulated under the FSA‘s strict code of conduct, Foerster Business Solutions Ltd (FBSL) are completely independent of the banks we only introduce clients, and are not required to register as members, we are however affiliates of the governments highly regulated MLR (money laundering regulations).

FBSL have no influence over any of the Banks decision making, assessments or scoring, which are usually finale, and it is because of FBSL's independence we cannot guarantee your chosen account will be accepted, of course we understand the importance of obtaining this crucial aspect of your business structure therefore in view of this uncertainty we have made a promise to all our customers which is outlined below.

Account Acceptance
Acceptance rates for these type of account is extremely high we estimate more than 95% of applications are approved, and if this wasn't the case Foersters could not continue to provide this extensive service and it would simply be terminated, we would never knowingly refer you to any institution we felt would reject your application, it simply would not make any sense to do so, and to reassure you of our confidence at achieving success in helping you obtain your preferred account, and provided you have been completely honest regarding the declaration of your adversities, in the event you are refused the account we promise to apply further to other banks without you committing to any additional financial obligation GUARANTEED.

Our credentials are supported by many testimonials available from our team on 08443 575859 / 08443 575879 or write to us at the address on our contact page.

Please note it is an offence to give false information when applying for banking or other credit facilities and if this is proved, any fees paid to us would be forfeited. No refunds are available on Accounts marked 'Subject to Status.

Our Fees
Your application is dealt with on a personal basis, where possible we will complete all documentation, for poor credit bank accounts we do not receive any commissions from the banks and we must charge you/your Company for this service, our fees are very moderate and vary from £35 for a personal account to £99 for a Business Package, you will not find this service cheaper anywhere on the net guaranteed.

Provided you can prove your ID, you are a UK resident and can prove 3 + year residency then you have a very good chance it will work for you, should you be unfortunate enough to have an IVA within the last 6 years or a current bankrupt then unfortunately we cannot help you obtain a Business Account, though we can help with a personal account.

The bank and type of account selected for you is usually dependant on your personal and your company circumstances, we estimate 95% of all applications are approved by the bank recommended to you.

The process
Each account works slightly differently but we try to complete as much of the work as possible for you thus reducing your own work load and organisation headaches including all application forms, you just complete any parts we were unable to, some applications are submitted by FBSL and others by you in all instances at some point you are required to have your ID verified (please see below for documents required), when applying for a business account in most instances the bank will ask you to attend the bank for a short informal interview, though you are not normally asked to produce a company business plan, all personal accounts are approved via post.

Approval Time
As a general guide to timescales following completion and return of all documents, then receipt of the same by the bank, and assuming the business account is for a new start up, the following estimated timescales will usually apply:

Option 6 (Full Business Account) - 14 to 28 working days - can take longer
Option 7 (Double Account) - Accounts 1 and 2 below : -
Account 1 (Full Business Account) - usually 14 to 28 working days - can take longer
Account 2 (Personal Account) - usually 7 to 28 working days

Option 8 (Business Package) - usually 14 to 28 working days
Option 9 (Basic Account) – usually opened on the day of your choice - not now provided by FBSL
Option 10 (Personal Account) – usually 7 to 28 working days
Option 11 (Personal Account) – usually 7 to 28 working days
All times are approximate and subject to change

The account opening process cannot be hurried and sometimes takes longer than the estimated times however, should your application exceeded these timescale then of course we will be happy to contact the bank for updates.

Very Important - Please be aware that the Bank will in all cases require a contact telephone number and in most cases make contact with you, calls are usually received as “call withheld,” “Private” or “0845,” please ensure you respond to these calls the banks are extremely busy, if they cannot contact you via telephone your application could be placed at the bottom of the pile or worse still forgotten about, in these instances the Banks do not advise FBSL when no contact has been made with you, and we are never made aware on any delays in the process.

When previous applications have been declined
You must advise on our initial application of all the banks who have refused your previous applications, if you have made multiple applications it is advised you leave a “cooling off” period before re-applying, the more searching made on your credit file the less likely you are of getting the account.

We have several options available to us, however in the unlikely event your application is refused by all institutions we have recommended and you have been completely honest about your adverse credit etc, then there must be some other underling issues that perhaps you are not aware of, in this instance it is recommended you apply for a copy of your credit file and forward us a copy.

If there are major issues you will need to deal with them, tidy up your credit history, we can advise briefly on this if required but be assured your purchase never expires, if it takes a year to sort out you can come back to us with confidence knowing we will make every effort to complete the process.

Account Features
Features vary form account to account

1). Full Business Bank Account - some or all of the following:
Suitable for Limited Companies / Soletraders / LLP's / Limited By Guarantee
Direct debits
Standing orders
Cheque book
Paying-in book
Cash or Electron card
BACS / CHAPS
Telephone & Online banking
No opening balance required
Upto 2 years FREE banking (new start-ups)

2). Personal Bank Account - some or all of the following:
Internet Banking
Telephone Banking
Cheque Book (after qualifying period)
Cash or Electron card
Direct debits
Standing Orders
Counter service
No Opening Balance
No Bank interview required
Discharged bankrupts welcome

Required Identification Documents
Directors, Secretaries, Shareholders, Proprietors and signatories
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 ID

All documentation MUST be addressed to the person presenting the documentation.

Additional documents required

Limited companies - incorporation certificate
Limited companies - Mem & arts
Limited Companies - Share Certificate(s)
Soletraders / partnerships require their company letterhead.
Where Banks accept discharged bankrupts - Original discharge certificate issued by the courts.
Establisted Companies - previous accounts
Established Companies - previous bank statements

In some instances the Bank may also require an original Experian / Equifax report (not your own downloaded copy).

Established companies limited, soletraders or partnerships who have traded will need to produce a copy of there accounts/turnover.

Refunds
We offer full unconditional refund should the customer make a purchase and immediately change their mind and request a cancellation.

A refund is offered when an order is receive and it is determined from the outset we are unlikely to be able to assist them in acquiring their choice of account.

We offer partial refunds (60% of fee) if the process has started by our staff but not yet submitted to the relevant bank and/or posted out to customer.

We do not offer full refunds once the process to obtain the chosen account has completed in our office, i.e completed application(s) have been sent electronically to the bank or through the post to customer.

A refund is not offered should the account be declined, acceptance is not guaranteed, we are not a banking institution and only ever claim to offer our professional service and introduce customers to the bank where the bank will conclude their own assessments. This decision is not taken likely our fee is very moderate, and once the service process has started much effort and time is dedicated to ensuring the best possible course of action is taken, we will however continue to assist the customer helping them where possible to obtain their required account, to this end our service never expires.

Our aim is to help customers obtain their most desired account, we never want a customer to go away from FBSL believing we haven’t explored every possible avenue to attain the account, on the contrary every customer is of the upmost importance, we respect their position and understand their difficulties that may lay ahead, to this end we are committed to achieving success wherever and whenever possible.

Summary of terms:
We must point out none of the accounts listed on our website are not guaranteed acceptance, Foersters are not a banking institution we only introduce clients to banks and have no influence over their decision making, all applications are assessed individually and are subject to the respective banks scoring system and their decision is usually final.

None of the banks where we place application are for assessment and approval charge for their services, you can call into the bank at anytime and request these exact accounts completely free of charge, any fees paid are payable direct to Foerster Business Solutions Ltd, in return we offer you our professional services in helping you to obtain a bank account to suit your individual circumstances.

Over the last 5 years FBSL have searched the banking industry for the best possible banking facilities available, and found several banks will accept applications form customers and companies who have elements of adverse credit, this knowledge is then passed onto you our clients.

Our complete service includes; completion of all bank account application forms, letter of instruction, submission of application to bank, bank recommendation, list of additional required documents, contact with the bank to follow-up applications, and where applicable Foersters also provide map/address, postal costs and contact details for the designated branch, we also provide total help throughout the entire process.

You can contact our team direct on (08443 575879) during working hours or at anytime through email or our contact us page.

Acceptance rate for this type of account is extremely high we estimate over 95% of all processed applications are approved, if this wasn’t the case Foersters could not continue to provide this extensive service and it would be terminated, only through volume can we offer our services at the prices we charge, many of our competitors still demand huge introduction fees of upto £169.

Our Promise : "Option 6 is the same account as advertised by our competitors who advertised for £99 to £169, we believe our price is a fair and reasonable one, affordable to most of our customers many of whom suffer difficult financial circumstances, our fees also reflects the amount for work we do, and to help reassure you of our complete confidence in helping you obtain the right account, in the event your application is rejected we promise to apply further to other banks without committing to any additional financial obligation GUARANTEED"

Refunds are proportional and determined by the amount of work attributed to the application, where no work is carried out a full refund is payable, no refund is payable where applications are rejected.


Please note that it is an offence to give false information when applying for banking or other credit facilities and if this is proved, any fees paid to us would be forfeited.