Just landed a very good contract with big bank. While I am ok with them doing all the background checks, some of the other questions are a bit unreasonable...
1. Confirm that you will only use your Ltd company to process payroll for this bank. (Why? This is my business, I can get income from anywhere.)
2. List all shareholders and percentage of share holdings (This is any ways public info, but why do they need to know?)
And lot of other question related to LTD, confirm that you will pay all taxes, make payments according to relevant law...
Though this is not my first banking client, no one had asked for point 1 before.
Should I confirm point 1?
1. Confirm that you will only use your Ltd company to process payroll for this bank. (Why? This is my business, I can get income from anywhere.)
2. List all shareholders and percentage of share holdings (This is any ways public info, but why do they need to know?)
And lot of other question related to LTD, confirm that you will pay all taxes, make payments according to relevant law...
Though this is not my first banking client, no one had asked for point 1 before.
Should I confirm point 1?
Comment