BUSINESS ACCOUNT SET UP FORM 2025

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Personal identification and information: When opening a business bank account for your LLC, you will need to provide personal identification and details such as your drivers license or passport, your home mailing address, date of birth, personal phone number, your email address, and also your Social Security number.
Business requirements: Business Taxpayer Identification Number (TIN) Legal business name and physical address. A minimum opening deposit of $100. Debit and credit card sales estimates (required for Business Essentials applications)
Though you dont need a high credit score to open a business bank account, poor credit history and a track record of negative banking activity could limit your options. If youre concerned about being turned down for a business bank account, shop around for a bank or credit union that doesnt use ChexSystems.
Be prepared to provide your Social Security number, employer identification number, home address, business address, and registered agent information. The bank may also ask for your business formation documents, such as your articles of organization, operating agreement, and business license.
A start-up Business Account can be opened in the following steps: Get the start-up registered. It is possible to apply for a start-up Business Account online on the chosen banks website. In case the online application doesnt work, it is possible to apply through the banks branch.