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Two Accounts

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Can i have 2 Accounts for my Business with 2 different banks? I have just put all the funds into a new account with a different bank and about to close it down.

I want to keep it open as i may want it to start up another business without going through all the forms to open another one?
end the tv tax

Comments

  • LittleVoice
    LittleVoice Posts: 8,974 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Of course you can have more than one business account.

    If you want to use one for a new business, different from the one for which you originally opened the account, you should tell the bank concerned regarding the new venture. You would have been asked about your business when you originally opened the account and you should keep them informed.
  • Can you have 2 accounts with different banks for the same business? Just to avoid closing it down then going through the forms to open another one?
    end the tv tax
  • Savvy_Sue
    Savvy_Sue Posts: 47,303 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Well, we did it as a charity / limited company so I can't see why you wouldn't be able to!
    Signature removed for peace of mind
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