The bank-account tag has no wiki summary.
0
votes
0answers
14 views
Addresses, Bank AC, Foreign Qualification : SMLLC operating outside US, doing business in US through internet?
I am Single member LLC operating from India. While incorporating there are some addresses to be filled up.
Registered Agent : That would be simply RA's address. It will be provided by them. No ...
1
vote
1answer
66 views
Anyone have experience with Bank of America for a new startup?
I've looked over quite a few topics about people asking which bank is best for their small startup. It seems that Bank of America is a decent option (from the responses on this site).
The other ...
0
votes
0answers
13 views
Setting up a US business to monetize a website, and doing so from abroad. Is it possible? [duplicate]
I should state at the outset that I am a US Citizen, but simply living abroad in a country where starting a business is much more complicated.
I have recently created a website that I would like to ...
0
votes
1answer
64 views
Using a New Personal Bank Account for an LLC?
Business Structure: LLC
Country: US
State: Texas
City: Austin
Income: So far? $0
I am forming an LLC and was looking into "business" checking accounts, and most charge some kind of fee. Either ...
1
vote
3answers
152 views
Transferring money out of LLC business account to a personal account to pay a international supplier to avoid wire transfer fee
Our newly formed LLC (2 members) has a business checking account. It has a rather high international wire transfer fee for sending out payments from the US to overseas ($45).
My partner suggested ...
1
vote
2answers
182 views
How to open a UK business bank account without being physically present?
We are moving our company to Scotland in a few months. We wanted to open a business bank account in advance without using an agent.
We tried RBS, but to no avail.
How can we open a business bank ...
1
vote
3answers
87 views
How do I pick a bank for my LLC (USA)?
I want to open a business bank account for my LLC to keep my finances separate. How, in general, should I go about shopping for a bank account? Relatedly, are there any particular banks that excel ...
1
vote
0answers
97 views
US bank account for LLC [closed]
I am from India and want to setup LLC in USA. I am unable to visit to USA.Is there a way that my friend (who is in USA) open a business account in USA for my LLC. To do so, I can include him in my ...
3
votes
5answers
1k views
What are the benefits of having a business bank account as a solo entrepreneur?
I'm an independent software developer and I do business under my real name. As such, I'm not a DBA, nor am I incorporated. Since I'm not filed as a business anywhere, it's difficult for me to open a ...
3
votes
1answer
94 views
Holding and spending USD from Australia
My business is based in Australia, but most of my sales are made in the USA in US dollars, and most of the bills my business pays are also paid in USD (via debit card).
I know that some Australian ...
1
vote
1answer
236 views
Can a bank account accept checks written to two different business names?
Is it possible for a bank account to accept checks written to two different parts of an LLC?
For example, I have ABC LLC, which operates at ABC.com, and I accept checks using both the ABC and ABC ...
1
vote
4answers
438 views
how does Billguard or Mint.com get the data from banks? Do banks have some open API?
How is it possible to get the data from the banks? Did they go and talk to each bank and convinced the bank to open a API for them? Or do banks have this API already that they are using and you can ...
1
vote
1answer
85 views
USD Business account from an Australian bank
My business is based in Australia and I receive all my customer payments in USD via PayPal. I'd like to transfer the money out of PayPal into a USD account. I don't want to do a currency conversion ...
2
votes
3answers
413 views
Business banking for a California startup incorporated in Delaware
We have an startup that was recently incorporated in Delaware but is based in California. We tried to open a business bank account at two different banks in California, and both said they require a ...
1
vote
1answer
119 views
LLC formed in WY, registered as Foreign LLC in CA, where to open business bank account?
Online, home-based company. Should I open a business bank account in WY or CA? Does this even matter? What different things do I need to be considering when making this decision?
1
vote
1answer
351 views
US citizen living abroad- Which banks allow business checking accounts to be set up easily online?
I'm a US citizen living abroad. I already have a C corporation (Delaware) for which the initial paperwork (Certificate of Incorporation, Bylaws, etc.) have been done. I also have an EIN for the ...
0
votes
4answers
187 views
Business bank account
I would like to be able to cash checks made out to "Code Developr" in the USA. I am in the state of Florida. I do not have an LLC or Corporation. The nature of the business at this point will be ...
0
votes
2answers
775 views
I opened a business checking account last year using my SSN. If I get a federal EIN, can my bank update this or do I need to open a new account?
I opened a business checking account last year using my SSN. If I get a federal EIN, can my bank update this or do I need to open a new account?
Basically, at the time I opened the checking account, ...
4
votes
2answers
513 views
Can I use my personal bank account instead of a company account?
I've just registered a limited company in the UK. I wonder whether this is possible/legal to use your personal bank account until the company has its own account? I want to make online transactions on ...
0
votes
1answer
223 views
Does opening a bank account for an llc make a person personally responsible for the account?
I've asked a bank what they require in order to open a bank account for an llc, and the main thing was a "certificate of good standing".
Since the "certificate of good standing" or even the "article ...
1
vote
1answer
55 views
Is this the basic thing to provide address detail to the client?
Hi I got the first client from one of the freelancing website.But they are asked to send the address proof to them.In our first conversation they asked this and my bank details.Apart from this they ...
4
votes
5answers
696 views
Any experiences with Silicon Valley Bank?
SVB claims to have worked with lot of tech startups (and they do i believe), but does anyone here in this forum have first hand experience with SVB?.
Why should someone choose them over some other ...
1
vote
3answers
822 views
How To Organize Information For Multiple Personal Businesses
I want to start multiple businesses. For these businesses I would like to have a separate checking account, telephone number, mailing address.
What do you suggest to make this as simple as possible ...
0
votes
2answers
162 views
What is the best way to facilitate payouts to users bank accounts?
What is the best way to facilitate payouts to user bank accounts?
After checking with my local bank wire-transfers are $25 each and can't be triggered programmatically. Where else should I explore ...
2
votes
2answers
361 views
Business Banking Solution For Online Delaware Corp
I register my S-Corp in Delaware. I need to find a bank that can help me in opening a bank account, without having to go there in person. I have been told that this is possible if the bank has a ...
0
votes
3answers
201 views
Business Expense Question: Paying Rent
I have an LLC set up, and am learning my way with regards to keeping books etc. I was told recently that I can use the business bank account to pay up to 50% of my rent (being that I am the owner, and ...
5
votes
4answers
893 views
How to register LLC in USA or LTD in UK and bank account, for foreigner?
I am from Serbia, Europe (Not Europe Union country). I develop Android apps and would like to sell them on Android market. I can not register for Google merchant account from Serbia so I need business ...
1
vote
2answers
164 views
How can I transition my personal funds to my LLC funds?
I am registering for an LLC after freelancing on the side.
My current clients are writing checks to my name.
Do I just simply cash these checks into my business account going forward?
2
votes
4answers
230 views
What can a co-founder do to have a say in the company when everything goes in favour of the main founder?
A two signatory account
will be created but the
main founder can sign
without the co-founder
signature; on the other side, the co-
founder can not sign
without the main
founder's signature.
...
4
votes
2answers
395 views
UK startup bank account for new arrivals
I moved to the UK this week, and want to start a company. A few months ago I registered a Limited Company with Companies House, and I am the sole director of the company.
I was able to open a ...
1
vote
2answers
216 views
Can a personal checking account be opened to make purchases in an LLC?
I am wondering what is the best bank to use for opening a developer account with apple for selling apps. I have seen that many banks charge $0.40 for transactions which would make no business sense ...
1
vote
3answers
195 views
Separate bank accounts?
If you are a simple sole proprietor with a DBA, do you need (by law) to have a separate bank account?
I know life is easier if you have a separate bank account, but I am wondering about the laws...
...
0
votes
2answers
109 views
Receiving investment into bank account
We are a UK Ltd company with 2 directors. We have a business bank account set up. We have spoken to lawyers and managed to obtain all necessary documentation. It's an exciting time!
The investment ...
3
votes
2answers
268 views
When doing business in multiple countries, how should an LLC structure bank accounts?
Should there be separate accounts open at a bank in each country? Should they all be with one bank that has branches in each country, how is that typically done?
1
vote
1answer
109 views
Simplest way to financially accept ad revenue?
I am a professional developer with a couple of hobby websites. I have been paying hosting costs out of my pocket over the last couple of years and don't really mind as the users have been grateful. ...
1
vote
1answer
399 views
What is the cheapest Canadian bank to start a business account? [closed]
Is there a bank where we can set up a business account? We'd like to have as low recurring fees as possible, considering we don't have a single product yet. We're based in Canada if that changes ...
3
votes
4answers
260 views
How does a UK-formed LLP get a US merchant account? Do we need a US EIN?
We are a UK-formed LLP website trying to allow our US PayPal customers payments remain in dollars without the currency charge to transfer to pounds. How do we get a US merchant account? Do we need a ...
1
vote
2answers
851 views
Separate Personal Bank Account for a LLC
I understand that you always want to use a business banking account for your LLC lest you lose legal protections by intermixing personal money with business money.
Does the same apply if I were to ...
2
votes
2answers
266 views
Cheques made out in business name (UK)
I am planning on setting up a private limited company with my brother. We are going to register with the companies house with the business name (example) "123". Once we are registered, and have a ...
0
votes
2answers
560 views
Banking Solution For Online Delaware Corp
I am about to register a corp in Delaware. I need to find a bank that can help me in opening a bank account, without having to go there in person. I have been told that this is possible if the bank ...
4
votes
1answer
630 views
Startup - End of Year Bank Account Balance
I recently started an LLC in Maryland and a CFO for a company I used to work for suggested I not carry a balance in my company bank accounts at the end of the year. Is this something I should ...
4
votes
2answers
1k views
Claiming Laptop as LLC expense
I don't have a separate bank account for my LLC (I am sole owner). I am planning to buy a new laptop. How do I claim it as an LLC expense, come tax time?
Related questions:
What are pros/cons of ...
