How to Open a Business Corporate Checking Account Online
It stands to reason that if you're running a corporation, you will need to do a lot of banking. Having a separate account for your corporate business will allow you to pay bills and use funds from your checking account, making it easier to track business expenses. You can open a corporate checking account online if your company meets certain criteria.
Other People Are Reading
Instructions
-
-
1
Visit a bank website. Select the bank in which you would like to open an account. You should check out the websites of several banks and find out which one offers the best terms for your type of business. Fees and restrictions on your account will vary from one bank to another.
-
2
Click the "Business" section. You can view the available business accounts by clicking on the link to the business services part of the website.
-
-
3
Open the account. You should have the option to open the account online with most major banks. Click the "Open a New Account" or similar link to get to the Web form. Fill in your personal information and select the type of account that you want to open. Complete your personal information and the information about the type of business that you have.
-
4
Fund the account. Choose an option for transferring funds into your bank account. Typically, this will be through a bank transfer, although you can mail in a check.
-
5
Mail in the remaining paperwork. You should receive your welcome packet from the bank with your account information in a few days. Sign any forms that are required and submit copies of your Certificate of Incorporation. You may also have to provide a Corporate Resolution document if there are no officer names listed on your Certificate of Incorporation.
-
1
Tips & Warnings
Many banks waive monthly fees for checking accounts if you maintain a certain balance or meet other criteria. Check into this before opening an account to make sure that you get the best deal.
References
- Photo Credit Jupiterimages/Comstock/Getty Images
