Q:

Are Jersey Companies required to open Jersey Based Business Bank Accounts? Can Jersey based companies open business accounts with challenger banks ...

Are Jersey Companies required to open Jersey Based Business Bank Accounts? Can Jersey based companies open business accounts with challenger banks such as Starling, Wise and Revolut?

MS

Mariota Smutz
NovaPx Consulting
07 Jun 2022

A: SenseCheck

  • 0 Yes
  • 0 No
  • 1 Other

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  • 11 Jul 2024
  • Other

    Other

    Missing information.:

    No, you don't have to have a Jersey-based bank account but it is a good thing to do. That said, it can be a painful experience and take a long time.
    The principal advantage is that you then don't muddy the waters by having business and personal transactions mixed up.

    William Church

    William Church
    William Church Consulting