📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

company secretary

Options
when starting a company does the company secretary get a credit check by the the bank when opening an account?
"enough is a feast"...old Buddist proverb

Comments

  • Pennywise
    Pennywise Posts: 13,468 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    It will depend on the bank - each will have its own protocol.

    If the company secretary is to be a cheque signatory or have any powers as to bank transactions, then I would expect they would do the check, but if there are, say, two or more directors (who aren't also the co sec) who are signatories, then they probably wouldn't.
  • theGrinch
    theGrinch Posts: 3,133 Forumite
    Part of the Furniture 1,000 Posts
    pennywise thanks for that.
    I agree it comes down to the bank and the moment in time.
    "enough is a feast"...old Buddist proverb
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599.1K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.