Is A Director's Name On A LTD Company Debit Card & Bank Account?

[JonSmith1]

Simple enough question, as a sole director is your name on the debit card and bank account? Thanks

 

[faradaykeynes]

yes that is correct

 

[BobbyBoy]

If you are a limited company then the company name is on the bank account

ie XYZ limited

However on a credit card or debit card its

Mr Bloggs
XYZ Limited

Hope this helps?

Bobby

 

[JonSmith1]

If you are a limited company then the company name is on the bank account

ie XYZ limited

However on a credit card or debit card its

Mr Bloggs
XYZ Limited

Hope this helps?

Bobby

So it's just the company name on the bank account, and it's the company name AND the director's name on the card.

Thanks

 

[andygambles]

So it's just the company name on the bank account, and it's the company name AND the director's name on the card.

Thanks

It's the company name and whoever you issue a card to. So if you get a card for yourself it is you. If you request a card for P.Diddy then it will have that name and the company name on the card.

 

[JonSmith1]

It's the company name and whoever you issue a card to. So if you get a card for yourself it is you. If you request a card for P.Diddy then it will have that name and the company name on the card.

Hi, sorry to bother you again, I'm just wondering when you're making purchases a website usually says name (as on card) do you fill in both when making a purchase or can you just use one? I read somewhere that you can just use one and therefore make a purchase in your own name or in the name of the company and they both go through ok.

Thanks.

 

[andygambles]

Hi, sorry to bother you again, I'm just wondering when you're making purchases a website usually says name (as on card) do you fill in both when making a purchase or can you just use one? I read somewhere that you can just use one and therefore make a purchase in your own name or in the name of the company and they both go through ok.

Thanks.

Dunno as I've only ever entered the name on the card.

 

[Talay]

Hi, sorry to bother you again, I'm just wondering when you're making purchases a website usually says name (as on card) do you fill in both when making a purchase or can you just use one? I read somewhere that you can just use one and therefore make a purchase in your own name or in the name of the company and they both go through ok.

Thanks.

The card is issued to a person, not the company. The company authorises the bank to give that person a card and decides which facilities that card can operate. You can for example have a card which is limited to paying in money.

When buying online, if you have full privileges, you put your name. They don't want the company name.