Subsidiary account and inward payment


#1

Hello support team,

First of all congratutions for developing a good product for the start up community.

Couple of questions :

  1. I am planning to open a bank account with Tide for a UK subsidiary with parent company in Singapore. How much time the account opening will take place.

  2. Would need to initiate the foreign inward remittance. How much time it takes to receive the funds from abroad.

Could you please revert urgently as we need to take steps accordingly.

Thanks.
Sidd


#3

Hi @sidd,

I’m really sorry for the late reply here. Thanks for your great feedback about Tide!

Unfortunately, we cannot accept businesses that have holding companies in their corporate structure.
We’re still at the beginning of our journey and we therefore can’t onboard all entities at the moment. You can learn more about this here.

We wish you all the best for your business.

Don’t hesitate to let us know if you have any questions.

Thanks,
Valentine