Many banks and building societies ask clubs, associations and societies to have £1000 before they open a bank account which is IMO pretty daft. I trawled all around the Internet looking and got quite despondent.
In order to get a PayPal account for membership income and a charity shop on eBay for the society it needs to have a bank account. Catch 22.
Decided to try my own bank, Lloyds TSB. Glad I did because they offer a bank account that can be started with a nil balance and there are no transaction charges on turnover of less than 50 000 GBP. So I went through the application on the phone this morning :) Thank you to Nicola for her help !
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