Can my business
bank account be in a different country to my business?
Yes. However, due to the money laundering act, remitting
funds across international borders can sometimes be a bit
tricky i.e. they sometimes will only remit funds to accounts
in the same country as the business is based. However if
the account is in exactly the same name as the company’s
this will be ok.
Bank accounts can be located anywhere
in the World (within reason), but they must be in the correct
company name and not a parent or subsidiary company. Please
note that all remittances paid to a bank account outside
of the UK (including GBP payments) may incur a Wire Transfer