Do banks always need to know the director/shareholder of the Corporate bank account?

[hb6k3hb4j]

Do banks always need to know the director/shareholder of the Corporate bank account?
Is there a way to open a corporate bank account without using a nominee and without the bank account needing your passport or residency identity card? I thought I could open a bank account as a LLC but that seems wrong. How is it done, do I open the bank account as a Trust that owns the LLC?
You can private message me if you prefer to provide help that way.

 

[Gediminas]

Hey,

Without revealing the identity of the ultimate beneficial owner(s) (not only director and shareholder), it won't be possible to open an account in legal ways.

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[Sols]

hb6k3hb4j said:
Do banks always need to know the director/shareholder of the Corporate bank account?
Click to expand...

Yes.

hb6k3hb4j said:
Is there a way to open a corporate bank account without using a nominee and without the bank account needing your passport or residency identity card?
Click to expand...

No.

hb6k3hb4j said:
I thought I could open a bank account as a LLC but that seems wrong. How is it done, do I open the bank account as a Trust that owns the LLC?
Click to expand...

You can open a bank account that belongs to the LLC, but the bank also needs to know who owns/controls/manages the company and its bank account.

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This is the probably the answer to your question.