Is the sponsor also going to provide the bank account for the company?

The question in full

Discover when you get a bank account sponsorship and when you must get one for your money services business.

Answer

It depends. Typically, the answer is a no. Unless the arrangement is as such where you would be given a bank account as part and parcel of signing up, otherwise you would have to source your bank account (especially when an agent status is involved).

Is the sponsor also going to provide the bank account for the company?

Suggested Video(s)