How do I move my company’s main account to another bank?

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Open at the new bank on the full document list, then transfer the balance and the status. Give the new bank the opening documents — the same list Chapter 2 requires for a new account. The new bank opens you a 29801 account — the holding account the balance will land in. Return cheque books and payment terminals to the old bank — where you have them. Apply to transfer, and give a payment order for the balance — moving what is left to the 29801 at the new bank. The old bank forms the transfer request — after executing that payment order; three working days attach to the request. It is a defined procedure rather than a favour, which is worth knowing if a bank has turned out to be the wrong choice. The sequence matters: the new account exists before the old one is emptied, so the company is never without somewhere for money to arrive. What you are moving is the main-account status as much as the money — the bank holding it is the one that can suspend debiting across all your accounts and the one through which you see the accounts you hold elsewhere.

How do I move my company’s main account to another bank?

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