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ready4biz
1st February 2009, 07:33
We have set up a limited company with myself as a director and additional directors who reside outside UK. This is a business expansion in UK for an already operational company in USA. However, currently I am the only director residing in UK.

We seem to have come across the first hurdle to open business account due the bank requirement to see all the directors in person before opening the account.

We seem to have only option to get all the other directors to fill 288b form to resign from their position just to open the bank account. Surely, there must be other new businesses which may have gone through the same problem. Can any one advise if there any other way to solve this problem? If we have to follow this route, is it easy to re-appoint the directors at a later date?

Thanks.

Tej
1st February 2009, 07:49
Is it not possible for the USA company bank to verify the credentials of the directors with the bank over here? or.. the branch of the UK bank ( they must have branches in the USA) to verify the identities of the US Directors over there?