What documentation is required to open a business account?

In addition to the documents below, we will need 2 pieces of ID from each authorized signer.

• LLC
  
  • Certification of Beneficial 
  • Owners/Business Profile
  • Business Registry Name
  • Articles of Organization
  • Operating Agreement (May Be Required)
• Sole Proprietorship
  • Business Profile/Certification of Beneficial Owners form
  • Need Business Name Registry
  • If you do business under your full name, it is possible for us to open an account without the business registration.
• Corporation
  • Certification of Beneficial 
  • Owners/Business Profile
  • Business Registration
  • Articles or Certificate of Incorporation 
  • Meeting Minutes Preferred
• Non-profit
  • Certification of Beneficial Owners/Business Profile
  • If the Business is Incorporated (DNP type on bus registry)
  • Business Registration
  • Articles or Certificate of Incorporation
  • Meeting Minutes Preferred
    • If the business is unincorporated 
      (ABN on bus registry)
  • Business Registration
    • Tax Exempt?
      • YES: We will need your ruling letter from the IRS under IRC 501c (501c Letter).
      • NO: Don’t need anything else.
• Unincorporated Associations
  • Certification of Beneficial Owners/Business Profile
    
    • EIN or SSN can be used.
    • Organizing documentation
  • Articles of Association or Bylaws
    • Need board member minutes stating you have decided to open an account with us.
• Partnership
  • Certification of Beneficial Owners/Business Profile
  • EIN required
  • Business registration
  • Partnership Agreement