Disclosing Ltd Company bank statments

[TheFaQQer]

Can you imagine the reply if you asked for a reciprocal arrangement and asked for a butcher's at the client's (or agent's) company bank statements just to make sure everything is kosher?

What if it's a kosher butcher?

[alluvial]

Ok mate, tell 'em to do one and I'll do the job. Send me the agency details.

Actually yes. Unless you are desparate for the gig, then tell them to do one. Why should you have to hand over sensitive company information?
Can you imagine the reply if you asked for a reciprocal arrangement and asked for a butcher's at the client's (or agent's) company bank statements just to make sure everything is kosher?

[Churchill]

No offshore accounts, just one personal account in UK bank.
I'm still uncomfortable with this as I have worked with other financial institutions, but this is over doing it as an recruitment agency.
I wouldn't be surprised to go through this if I was applying DV clearance, but its neither SC or DV.

Ok mate, tell 'em to do one and I'll do the job. Send me the agency details.

[gibby]

No offshore accounts, just one personal account in UK bank.
I'm still uncomfortable with this as I have worked with other financial institutions, but this is over doing it as an recruitment agency.
I wouldn't be surprised to go through this if I was applying DV clearance, but its neither SC or DV.

[greenlake]

They keep saying that its a check for money laundering, which is the default excuse from most people requesting this form of documents/info.

In addition to your regular company bank account, do you not also have a separate offshore numbered account for laundering money?

[tractor]

This is the interesting bit.The client has another recruitment agency doing a separate vetting/reference check, so the agency that i have contract with, bank details etc, now has to deliver everything to the other agency, so that the other agency can approve and sign me off to the client.
Never experience anything like this.Red tape risk aversion and blame transfer on a grand scale.

FTFY

[gibby]

How will the agency pay your invoices if they don't know your bank account number and sort code?

This is the interesting bit.The client has another recruitment agency doing a separate vetting/reference check, so the agency that i have contract with, bank details etc, now has to deliver everything to the other agency, so that the other agency can approve and sign me off to the client.
Never experience anything like this.Red tape on a grand scale.

[GlenW]

They keep saying that its a check for money laundering, which is the default excuse from most people requesting this form of documents/info.
I may have to blank out certain parts like the account/sort code numbers and other parts that may seem confidential to me. I'm worried about identity theft,as I don't trust agencies handling these documents and may end losing it or sending it to inappropriate parties.

Thanks
Gibby

How will the agency pay your invoices if they don't know your bank account number and sort code?

[Ticktock]

I may have to blank out certain parts like the account/sort code numbers and other parts that may seem confidential to me.

Yeah, make sure you blank these details out when you send in your invoices too, as the agency may try to use the details.

[gibby]

They keep saying that its a check for money laundering, which is the default excuse from most people requesting this form of documents/info.
I may have to blank out certain parts like the account/sort code numbers and other parts that may seem confidential to me. I'm worried about identity theft,as I don't trust agencies handling these documents and may end losing it or sending it to inappropriate parties.

Thanks
Gibby

[BrilloPad]

Financial service companies request all sorts of weird stuff. Back in 2013 I was asked for council tax statement from 2010!

If you have it, best just to hand it over and not ask too many questions...

[SimonMac]

Hi All

I need some advice on this.

I recently secured a contract with a financial services company and now the start date is being pushed further away and the red tape has started to fill in the gaps.
The recruitment agency has requested me to disclose my bank statements from my Limited company,do the agencies or any third party have any legal grounding to request confidential information like this from my company?
Never had to do this when I applied for my SC clearance.

Thanks
Gibbs

Are you sure they are not just after something with the sort code and account number on showing that the account is held in the company name not your own? If so pretty standard for all gigs not just FS

[gibby]

Hi All

I need some advice on this.

I recently secured a contract with a financial services company and now the start date is being pushed further away and the red tape has started to fill in the gaps.
The recruitment agency has requested me to disclose my bank statements from my Limited company,do the agencies or any third party have any legal grounding to request confidential information like this from my company?
Never had to do this when I applied for my SC clearance.

Thanks
Gibbs