I am opening a bank account for my company and in the registration form they ask about the director of the company, who is me.

After setting my details, they ask if I am a nominee. What is that supposed to be?


A nominee is someone who has been appointed to act as a director without having any direct involvement in the company. Definition here and an explanation of why the bank cares about this here - in short, it’s mostly to do with money laundering regulation.

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