I looked briefly at the Co-op bank website, but I think their community/clubs account required a silly minimum balance (as in, a thousand or two), or possibly some other restriction which seemed to rule us out. (can't remember properly)


It would be nice to go with someone that appears to be ethical and stuff, but again I wont have much time for research in the next few days, so if you or anyone felt like investigating and finding out if they do offer a suitable account, that'd be great.

Once the account is setup I can investigate that stuff. Will evaluate options when the account features are known, so there's something to compare against.

I shall try and give them a ring tomorrow and ask.

I use the Co-Op for /everything/.

 

Their ethics and shit are good. Their banking and shit is shit.

Fuck the ethics. If they're shit bank they're a shit bank. Ethics are something you flaunt to rise above the competition, not instead of being any good.

You're assuming that other banks are better.

If you're worried about international payments, you can cash cheques in any currency for no fee.

 

And Halifax are cunts, don't go anywhere near them.

Where?!

Cash converters.

Wait, I'm talking about in a bank account, silly.

How odd.

 

Every foreign cheque I've ever presented has involved a fee at my end, and often at the sender's end too.

 

You must have a magic bank.

yes, I had a USian cheque & the bank fees would have been more than the cheque was worth

eventually I found auctionchex who did the exchange for a very reasonable rate

For people not in the UK wanting to contribute, you might want to look into XE.com's XEtrade:

 

http://www.xe.com/fx/?AdTracking=http://www.xe.com/&mission

 

Also good for people in the UK who need to send money to a bank not in the UK...

That's incredibly odd. Maybe they're afraid of us?

Could be. You didn't sign the cheques with crude oil, did you?

I told you, my recreational activities are not to be discussed on Teh.

If you pay by credit card the CC company negotiates the best exchange rate.

>>the CC company negotiates the best exchange rate

 

No they don't. The credit card company uses the Visa/Master Card daily rate (set in advance by Visa and Master Card), and then (in the UK at least, I presume it's the same elsewhere) they adjust that rate by about 2.5% so they charge you more than they pay Visa or Master Card.

 

Woo.