Can I open a trust account or have a trustee open an account for my business?
No. Novo doesn’t offer trust accounts. We only offer business checking accounts.
A trustee can open or manage an account only if they’re authorized to act on behalf of the business. That means being named in a legal document or appointed by a court (for example, an executor, administrator, or conservator).
You’ll need to provide that documentation during the application so we can verify their authority.