I already have my LTC up and running and I have one bank account open that I am using as the LTC's working account.
Now first question....should that account have been set up in the name of the LTC?
At the moment it is just a Westpac business account that I tagged on to all my other personal accounts.
Second question...I will shortly be getting an RCF in the name of the LTC . This RFC is guaranteed by me against my personal home.
Should the RCF have it's own account or should I just close the original business account and use the RCF as my LTC's working account.