Ladies and gentlemen, boys and girls I have recently stepped into the dark and murky world of small business banking in the hope of finding one which meets the needs of the UKMP.
My target was the UK section of Danske Bank. (Previously Northern Bank Ltd.)
This is what I was presented with:
Danske Bank enterprise Account. It carries a £12 monthly maintenance cost.
Manual transactions carry small fees, online transactions are free.
A full specification of the Enterprise Account’s features are stated on this website http://www.danskebank.co.uk/en-gb/Business/Pages/Business.aspx
Hover your mouse over the section labelled Small Business to access the relevant material.
The account can meet all of our requirements except for international signatories. It is UK law that all signatories on the account must present the original documents for identification and verification. Specifically a passport or utility bill with your current address on it.
Scanned signatures are totally illegal in the UK.
However, signatories are allowed to live wherever they like in the world as long as they present the documents in person.
If all signatories are present to set up the account, it can be active within one month.
It can be controlled 100% online.
Furthermore, the rich must be destroyed!