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Solo Money for Business under Family Trust

Bikes7

Hi, we would like to use Solo Money but have atarted our business under a Family Trust. Would it be possible to include Family Trusts to be eligible to use Solo Money? Thank you

Status: New

Comments

Danielle-Solo

Hey @Bikes7

Thanks for posting.

Solo Money was designed for customers who are a sole proprietor, a proprietary limited (Pty Ltd) company, or a partnership between individuals.

So, due to the variety of Solmates, not every business using Solo is eligible for an account, including those started as a Family Trust.

For more information (and too see if Solo Money is for your business type, here’s a link to the Solo Money Target Market Determination