Has any explanation been given regarding the payroll issue? I see Simon Elliott has said a lot without actually explaining what the issue is. He’s even suggested a supporter doesn’t know what he’s talking about yet Elliott appears to be in the same boat!
When an estalished business transfers to a new banking provider, they will want to know the level of business which will be going through the account, payroll size, average transaction value as well as a host of other things to understand your requirements and to ensure the switch is as smooth as possible.
To suggest Friday’s blip was due to a new bank account or a daily payment limit is not really a valid reason.
Full marks to Iron Insider, first with the news again.
