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FletcherTax
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Stacey

You need to show the bank that you are the registered owner of your trading name and they will add it to your bank account file. And hence allowing cheques written out to your trading name to be banked.

The teller is doing his job but he should of asked you for more information.

The ATO does not stipulate that you need a separate bank account when your a sole trader, but efficient records should be kept to distinguish between business and personal at tax time.

Janna