Can an LLP open a business bank account?

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A mate and I are starting an LLP. We’ve never been involved in an LLP before. Do they use normal business bank accounts like a limited company would? Ta

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Yes, an limited liability partnerships can open a business bank account, just like any other type of registered business. You can get a business account from all banks, so you should not have too much of a problem. It’s a really good idea to operate a dedicated bank account for your LLP because it will help you to manage and monitor your finances more effectively.

a year ago
 

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