answersLogoWhite

0

Legally speaking there is no pre determined limitations as to the number of accounts a limited company may have. A limited company is classed as a distinct legal person, thus it follows that, it may hold as many bank accounts as any ordinary individual is permitted to hold. i.e. the number is unlimited. It is prudent to limit the number of accounts however so as not to prejudice the companies credit score.

User Avatar

Wiki User

14y ago

What else can I help you with?

Related Questions

What services are offered by Tricounties Bank?

There are many different services that are offered by Tricounties Bank. These include, but are not limited to, checking accounts, personal safes, saving accounts, and travelers checks.


What is the best company that currently offers bank accounts?

Companies include PNC, Bank of America, Commerce Bank, and many others. The wisest choice in searching for such a bank is to find a company that has the most sites near you.


What is offered by Insight Financial?

There are many services offered by the company Insight Financial, including but not limited to, home and business loans, online banking, checking and savings accounts, as well as other bank related services.


Are bank reconciliations used in account payable?

No, bank reconciliation statement is a form you use to adjust the bank books for a company, in many ways it's the same as balancing your bank book at home. Bank Reconciliation is used to make your books match with the bank statement and vice versa. Accounts payable are Liability accounts, money owed to another company or person.


What is difference between Number of bank accounts and bank account number?

Number of bank accounts is how many bank accounts and bank account number is the number that identifies the bank account.


What types of accounts does Yorkshire Bank offer?

Yorkshire Bank is a bank that is located in Europe. It offers many different services. The types of accounts that Yorkshire Bank offers are savings accounts and checking accounts.


What types of bank accounts does Alpine Bank offer?

The Alpine Bank offers many different types of bank accounts including, personal saving accounts, personal checking accounts, Business checking/savings accounts and more.


What company offers a Business Money Market account?

Many companies offer business money market savings accounts. Two examples are Chase Bank and Bank of America. Bank of America offers money market savings accounts both for personal or business use.


How many bank accounts are there in the world?

Only %20 of the world have bank accounts so approximately 8,550,633,750 people.


What companies are part of the First Merchant Bank group?

There are many companies that are a part of the First Merchant Bank group. The companies that are part of the First Merchant Bank group are First Merchant Bank, Capital Bank, the Leasing and Finance Company of Malawi Limited, and the FMB Forex Bureau Limited.


How many different types of bank accounts do banks offer?

There are four major types of accounts that banks normally offer. It may vary bank to bank what their individual accounts are. The major types of accounts are checking accounts, savings accounts, money market accounts, and time deposits.


How many types of accounts in bank?

vv