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Some recent Bank Charge savings for our clients

. Banking & Finance, Banks.

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A client in Surrey asked us to review annual banking charges of £103k that included cash processing costs of £78k. Our review identified simple changes, with full and enthusiastic help of their bank, which produced yearly savings of £46k.

A national retailer client asked us to tender their banking where costs totalled £282k a year. Working on some modest process changes, with a bank that we knew had a competitive advantage matching their specific needs, we implemented a change that saves them £223k pa.

It’s not all about large amounts. A Cheshire business recently saw us secure savings of £8.7k on annual costs of £14.4k mainly by agreeing a different way of processing their business with their bank. As in the first case, the bank manager was fully supportive of the change.

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  • One of Expense Reduction Analysts most experienced and widely respected consultants, Steve joined ERA after a successful bank management career.
  • A highly effective negotiator, Steve heads ERA's UK Banking Team in projects that gain significant savings for clients of all sizes and industries.
  • A recent "Associate of the Year", Steve has successfully used his skills to achieve significant savings for clients ranging from family businesses to quoted international groups.

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