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Procedure for pvt. Ltd. Co. for current account opening

Sagar S (.) (39 Points)

19 June 2023

Is it compulsory for all the directors of a Pvt. Ltd. Co. to physically present in a bank for a current account opening ?

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Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (180289 Points)
Replied 19 June 2023

As such no, but different banks have different procedures. Most of the private banks offer the facility of sending their representative at your office for opening the account. You can visit the nearest bank or you can open a bank account for a company online. Due to digitalization, banks have a facility to open a bank account on behalf of your company even online. Check these steps in another bank.