If your sole proprietorship is changing to a private limited company, or your company’s legal form is going to change in some other way, you need to notify us of the change to the legal form as soon as possible to ensure correct processing and preservation of your business account number.
If at least one director will be the same in your company’s new legal form, you can notify us of a change in the legal form. If the entire board is changing, you should notify us of a change in the board or open a new account.
You can only notify us of a change in your company’s legal form if at least one of the directors is the same under the new form. We will check that the details held by the Chamber of Commerce are correct. Only notify us of the change after the Chamber of Commerce has processed the change to your company’s legal form.
Please note: if all of the directors in the new legal form are new, we will consider you to be a new client.
If your company’s legal form changes, so will the name on your account statements. Make sure you download the account statements with the name of your company in its old legal form, as you’ll no longer be able to do this once the change has been made.
Ongoing contracts must be converted in line with your company’s new legal form. Examples include:
Log in to Internet Banking for Business with your business debit card, and we will fill in some details for you. Completing the form takes about 20 minutes.
Please be aware that it can’t be saved along the way, so you must complete it all in one go. So be sure to keep the following information handy: