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Bank Account for a small business(Residential Company)

hi there

We are trying to set up a business account for the above, however whilst we have a director, each flat has one share and therefore no PSC Person with Significant Control.

Does anyone know a suitable business account we could set up that would allow us to proceed please?

Comments

  • tacpot12
    tacpot12 Posts: 9,593
    Tenth Anniversary 1,000 Posts Name Dropper
    Forumite

    I completed HSBC Safeguarding for our club nd we have no PSC. The HSBC Safeguarding team seemed to accept that there was no PSC when I explained a bit more about our governance arrangements.

    The comments I post are my personal opinion. While I try to check everything is correct before posting, I can and do make mistakes, so always try to check official information sources before relying on my posts.
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