Hello all.
I hold the position of treasurer on our allotment society committee.
Recently our bank has introduced a monthly charge. As we are a small society I would rather not to have to pay this.
Is there a bank that doesn't charge fees?
Thanks in anticipation.
Google Ai has options for you:
Free banking for small, non-profit clubs and societies in the UK is available through dedicated "Community" accounts offered by major high street banks, typically requiring an annual turnover under £100,000. Key free options include Barclays Community Account, NatWest Community Account, and Co-operative Bank Community Directplus.
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Top Free Community Bank Accounts
NatWest Community Account: Best for clubs with under £100k turnover, providing online tools and free banking for existing NatWest customers.
The Co-operative Bank Community Directplus: Offers free everyday banking (electronically) for clubs, societies, and registered charities, including free "Go Get Paid".
Barclays Community Account: Designed for non-profits and clubs with income under £100,000.
Metro Bank Community Current Account: No monthly fees for non-profit groups, but turnover must be under £250,000.
Lloyds Bank/Bank of Scotland Community Account: Free day-to-day banking, including electronic payments and direct debits.
Virgin Money Clubs & Societies: Offers free day-to-day banking for 10 or fewer transactions per month
Thanks Galina. Very helpful