Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

Irish company - Bank in the UK

Options
  • 19-07-2019 10:38am
    #1
    jim_t
    Registered Users Posts: 1 ✭


    Hi,

    I have set-up a limited company in Ireland and I would like to bank with Revolut business, which is UK based I believe.

    Do you know if this is leagl, or I should be banking in the same country where the limited company exists?

    Thanks,
    Jim.


Comments

  • Options
    #2
    Stratvs
    Registered Users Posts: 958 ✭✭✭Stratvs


    AFAIK there is nothing wrong with operating a business or personal bank account from an institution in another jurisdiction. Revenue do require though that opening a foreign bank account is declared on the tax return of the year in which it is opened.
    Also it's worth ensuring that the institution is covered under the EU deposit guarantee scheme.


Advertisement