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Thread: Business Accounts and business plans

  1. 02-16-2012, 04:29 AM #1
    kathiny
    kathiny is offline Registered User
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    Business Accounts and business plans

    Do you need a prepared business plan to open a business account, when you are not seeking a loan/finance from the bank?

    If a virtual address is being used for the registered company address, can the same virtual address be used for the business account, or will the bank require an actual address?
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  2. 03-14-2012, 07:09 AM #2
    Bliss Ellison
    Bliss Ellison is offline Registered User
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    Quote Originally Posted by kathiny View Post
    Do you need a prepared business plan to open a business account, when you are not seeking a loan/finance from the bank?

    If a virtual address is being used for the registered company address, can the same virtual address be used for the business account, or will the bank require an actual address?
    I dont think they would require a business plan, rather they would require some other documents like transaction receipt or a trading invoice etc. The same virtual address could be used and it is they could describe you the best.
    Last edited by Bliss Ellison; 03-14-2012 at 07:14 AM.
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