Trading Trust

[bicko]

Does anyone know if you can use your Trust Bank account as your bank account for the trading business.

eg the name of the bank account would be xyz as trustee for the abc family trust.

or does the business bank account have to have the same name as it s trading name.

cheers

bicko

 

[DaleGG]

Hi Bicko

Yes, you can use the same account.

Dale

Does anyone know if you can use your Trust Bank account as your bank account for the trading business.

eg the name of the bank account would be xyz as trustee for the abc family trust.

or does the business bank account have to have the same name as it s trading name.

cheers

bicko

 

[bicko]

double cheers

thankyou Dale.

cheers

bicko