CIC Association

Serving Community Enterprise

We have struggled to open a bank account due to past credit history

What can we do can someone help.

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I need to clarify its bed credit for some of the directors not the organisation

Have you been declined by someone?

yes by NATWEST. they say if we need to continue we need the two people with bad credit to be removed as Directors . Which we cant do they are part of the vision of the company and they have experience in what we do.

they dont have to remove themselves from the company altogether, ie they could be employees or volunteers and still have a leadership role within the group on achieving the company vision, just removed from the responsibilities of Directors.

Obviously you can try elsewhere but if the credit issues are current the answer may well be the same.

Use a Prepaid MasterCard instead.

How does it work?



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