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Business checking

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Established Member

Business checking

I want to llc in Indiana will it be a problem to open a business checking with two forms of id, but my id's are from Illinois will this be a problem
Message 1 of 13
12 REPLIES 12
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Frequent Contributor

Re: Business checking


@Freddie64 wrote:
I want to llc in Indiana will it be a problem to open a business checking with two forms of id, but my id's are from Illinois will this be a problem

ID is ID no matter what state it's from.  It should also not matter what state you incorporate in.  The bank will most likely want a copy of the IRS EIN confirmation, but otherwise you should be good.

Message 2 of 13
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Established Member

Re: Business checking

Do i have to have a virtual office to get accounts like Amazon net 55 smh its a small business
Message 3 of 13
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Frequent Contributor

Re: Business checking


@Freddie64 wrote:
Do i have to have a virtual office to get accounts like Amazon net 55 smh its a small business

A real address is always going to look better.  Some banks will not accept virtual addresses/P.O. Boxes.  I will assume yours is a home based business?  If so, it will still look better to a bank, especially with all the fraud going on these days...

Message 4 of 13
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Established Member

Re: Business checking

Okay thanks
Message 5 of 13
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New Contributor

Re: Business checking

Some banks will turn you down, actually. US Bank, for example, will require your LLC to be registered as a foreign LLC in IL for them to open an account for you in IL. Since Indiana has US Bank branches too, you can try opening your account there. I spent many a month from 2017 to 2018 tackling a similar issue.

"mrreow" - some cat, circa 1561AD
Message 6 of 13
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Established Member

Re: Business checking

 

You could try one of the new online business checking accounts with no fees and totally online application. I went with Novo Bank.

Message 7 of 13
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Established Member

Re: Business checking

Is that the only one cause i checked for online business checking and seen nothing
Message 8 of 13
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Established Member

Re: Business checking


@Freddie64 wrote:
Is that the only one cause i checked for online business checking and seen nothing

https://banknovo.com/

Message 9 of 13
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Established Contributor

Re: Business checking


@Freddie64 wrote:
Is that the only one cause i checked for online business checking and seen nothing

https://www.azlo.com/

 

https://fitsmallbusiness.com/best-online-business-checking-accounts/

Jax

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Message 10 of 13
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