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A new online portal, YourBusinessMoney, has launched to help UK businesses compare and choose the best-value business banking for their individual needs, based on the costs and charges for their specific financial activities.

YourBusinessMoney, from financial technology provider PBF Solutions, provides business owners with a continually updated price-comparison service for business current and savings accounts. It uses each individual company's transactions to build a truly personalised profile of the most cost-effective current accounts for their needs, making YourBusinessMoney unique among business banking comparison services.

Businesses simply enter an estimate for their incoming and outgoing transactions, including the number of cheques paid and received, cash, auto payments and direct debits, for a one year or three year period. YourBusinessMoney then ranks the current accounts available by the costs to the account holder, breaking these down to...

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