How to Open a Wachovia Small Business Account for the First Time

Opening a Wachovia Small Business Account for the first time requires a minimal deposit, a mailing address and the names and Social Security numbers of the individuals authorized to use the account. Follow these steps to get started.

Things You'll Need

• Money to Deposit
• Mailing Address
• Social Security Number
• Photo Identification
• Business Name

Instructions

1. Look in the telephone directory or search online for a Wachovia branch convenient to your place of business (although you can visit any branch to open an account).

2. Go to a Wachovia branch with a photo ID, your Social Security number, and cash or a checking account from another bank for your initial deposit.

3. Meet with a customer service representative, typically someone in a back office who is not a teller, and complete the bank's paperwork to open a small business account. Articles of incorporation or the legal documents for a Limited Liability Corporation (LLC) are not necessary to open an account. You will need at least $100 to open the account with an initial deposit. The entire process takes 15 minutes or less.

4. Set up your Personal Identification Number or PIN with the bank representative so you can use a debit card against your business account to make purchases without having to write checks.

Tips & Warnings

• Your first business account must be opened in person, although once you have the account established you can created additional accounts online through the Wachovia website linked below.

References

• Wachovia Online Banking