Which Checking Account is Right for You?
What you need to open a Business Account
Sole Proprietor/DBA | Limited Liability Company (LLC)* | Partnership* | Non-Profit Organization | Corporation* |
---|---|---|---|---|
SSN or TIN of owner | TIN of LLC | TIN of Partnership | TIN of Organization | TIN of Corporation |
Sole Proprietorship Resolution | Articles of Organization | Partnership Agreement | Non-Profit Resolution | Articles of Incorporation |
LLC Resolution | Partnership Resolution | If Incorporated, see Corporation requirements | Corporate Resolution | |
Operating Agreement | Bylaws |
* Customer Due Diligence Beneficial Owner requirements are for any person who directly or indirectly owns 25% or more equity interest as well as a person with a controlling interest of a legal entity. These persons must provide the following (each time a qualifying event occurs):
- Valid Identification
- Date of Birth
- Physical Address
- TIN