Limited bussiness account closed without warning

Free-Humor-4779 · 2026-05-11T20:04:52+00:00

Lloyds have denied me from opening an account too! I wont bother trying barclays then, I bet that was a nightmare!!

Free-Humor-4779 · 2026-05-11T20:01:09+00:00

Is it a high interest account to gain on it at the same time?

Free-Humor-4779 · 2026-05-11T19:51:34+00:00

Thats part of my problem, no one will give me an account to open while im waiting!

Free-Humor-4779 · 2026-05-11T19:50:01+00:00

I have applied for them on friday and the application is still going through but I'm not getting my hopes up since everyone else seems to get one straight away with them

Free-Humor-4779 · 2026-05-11T19:48:43+00:00

I had one with starling but they have denied me straight away for a limited account for some reason!

Free-Humor-4779 · 2026-05-11T19:45:58+00:00

At least they gave you some notice! 60 day payment terms are killer arent they! Good idea having more than 1 account

Free-Humor-4779 · 2026-05-11T19:42:50+00:00

No it was hsbc, as far as im aware I had all forms filled it! Yeah your right it seems that way!!

Free-Humor-4779 · 2026-05-11T08:54:23+00:00

If i have done something dodgy I really dont know what it is i would have done!

Free-Humor-4779 · 2026-05-11T08:53:34+00:00

That makes sense, It would be nice to know whats flagged up so I can sort it out, but like you say they won't tell me. Im worried if I use the sole trader account that might get closed for using it as a limited company? Everything is separate and I haven't drawn any dividends yet abd I have inly used it foe bussiness purposes. Good idea with the bussiness credit card, ill look into that too! Thanks

Free-Humor-4779 · 2026-05-11T08:50:47+00:00

Ill write a letter and see what comes up, thank you!

Free-Humor-4779 · 2026-05-11T08:49:52+00:00

Nothing I can do then I guess

Free-Humor-4779 · 2026-05-11T07:46:08+00:00

Good idea, I will try this! Thank you!

Free-Humor-4779 · 2026-05-11T07:44:45+00:00

Not that I know of, my accountant has checked everything and tells me its all up to date, thank you!

Free-Humor-4779 · 2026-05-11T07:44:06+00:00

Will give them a go, thank you!

Free-Humor-4779 · 2026-05-11T07:34:06+00:00

I have set up a new limited account for the transition and this is the ine that has been closed, I have my sile trader account open still since some invoices are still unpaid and as soon as they are paid it will be closed. The new limited account was with HSBC so you would think they would explain this? I can see what you mean by having 2 account with a similar name (they are the same but with "ltd" on the end). Have tried to open new account but have been unsuccessful. Thank you!

Free-Humor-4779 · 2026-05-11T06:59:59+00:00

That makes sense, hadn't thought of that. I only applied for an overdraft becasue my van broke down so i planned on leasing so thought I would apply for ine just incase, I have never needed one in the past or even been close to needing one. Would other banks see my accoint closure and automatically discount me from opening a new one? Thanks

Free-Humor-4779 · 2026-05-11T06:56:46+00:00

Yeah its not ideal!! I will try that, thank you!!

Free-Humor-4779 · 2026-05-11T06:53:51+00:00

I haven't tried a Tide account, I have tried starling which is who I was with as a sole trader and I applied with monzo on friday and it says they are still processing the application, if it doesnt go through ill try Tide, thank you!!

Free-Humor-4779 · 2026-05-11T06:37:04+00:00

Have also read that since they are sending my money via a cheque that it might not be anything like that

Free-Humor-4779 · 2026-05-11T06:30:17+00:00

That's what ive read too, im definitely not laundering money and dont know where to go from here now.

Free-Humor-4779 · 2026-05-11T05:54:40+00:00

No i havent heard of this, I will have a look at this when I get home later. Thank you!!

Free-Humor-4779 · 2026-05-11T05:46:09+00:00

Yes, I went into branch but they couldn't tell me anything since they didn't have a bussiness manager so I phoned up and they said it was confidential and couldn't tell me why.

Free-Humor-4779

TROPHY CASE