How to open a bank account.

If you’re building corporate credit, the banks and other lenders seek to know who is behind the company. After all, if you were lending the money, wouldn’t you want to know who is behind the company? They want to see your name on the public record. Lenders seek transparency. Obtaining a nominee officer/contract officer service will not help you obtain corporate credit. In fact, it will backfire and prevent the obtaining of financing. You may not obtain privacy and successfully apply for corporate credit, unless you have access to private funding sources. The bank will not like you if you’re using a nominee service. If you don’t want to be the signer on the bank account, hire a local bookkeeper to do the job as the Treasurer or Assistant Treasurer for the company.