Community Bank Accounts

Posted: Mon, 07 Dec 2020 10:40

If you are part of a community group looking to open a new bank account Links CVS have done some useful research. They advise:

"It's become clear to us that new groups are finding it very difficult to open a bank account due to the Covid-19 pandemic. We have put together a list of banks and their current status for opening a new community or business account with them. We will regularly update this list when more information is available.

Unity Trust Bank - Open

https://apply.unity.co.uk/

Barclays - Open but delays

https://www.barclays.co.uk/business-banking/accounts/community-account/

Co-op - Delays of 12 weeks

https://www.co-operativebank.co.uk/business/products/current-accounts/community-directplus

Starling Bank - Open but delays (mobile & internet banking only - cheques can be scanned via a mobile phone camera)

https://www.starlingbank.com/business-account/

CAF - Open for registered charities

https://www.cafonline.org/charities/everyday-banking/download-an-application-pack

Lloyds - Closed to new applications

https://www.lloydsbank.com/business/business-accounts/specialist-accounts/treasurers-account.html