We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 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
theGrinch
Posts: 3,133 Forumite
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
0
Comments
-
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.0 -
pennywise thanks for that.
I agree it comes down to the bank and the moment in time."enough is a feast"...old Buddist proverb0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards