Post
by tiredoftiers » Tue Sep 15, 2015 8:19 pm
you should read the policy guidance to check what documents in addition to standard documents you need, cases and situations are different one to another and also there have been considerable changes since you last applied, to avoid mistakes take some professional help at the first place !
answering your question it is necessary to have business bank account implications include a requirement for application, director to claim his money that he invests in company(how would he otherwise claim he invested and proportion of money he invested??), clients can pay in,creditors take money out, audit and accounts purposes and so forth. I do not know how people can run a company having no bank account !!