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company secretary

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
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