Bank details??

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  • Author
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  • #45731
    cornwell40
    Participant

    Why do suppliers now need bank details to open up a trade account.
    Or am I missing something obvious. Never asked for them before until recently.

    TC

    #286816
    Martin
    Participant

    Re: Bank details??

    Not an uncommon practice and has been for years. Nothing sinister about it either because its often judged that if you have a business bank account then your ‘credit rating’ ticks more boxes than if you didn’t. 😉

    #286817
    cornwell40
    Participant

    Re: Bank details??

    Oh I see:oops:

    TC

    #286818
    Phidom
    Participant

    Re: Bank details??

    I’m not sure that suppliers can afford to turn away new business these days. I just give them the information I choose to divulge but there’s usually no problem getting an account.

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