How to Open a Business Bank Account Online

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Opening a business bank account online can be done using a driver's license, social security number and taxpayer identification number. Open up a business account online with any major bank with advice from a certified public accountant in this free video on starting a new business.

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Video Transcript

Today's topic is how to open a bank account online. What we're going to do is just walk through a step by step tutorial. Most banks, at least all major banks have an online presents and I found that most will allow you to open up an account online. You may want to have handy, obviously, you'll have this information; but your driver's license and perhaps your social security number or your taxpayer identification number for business and the ability to transfer your opening deposit from a different account. When you are submitting your personal information, make sure that this little icon or whichever icon on your computer uses for security is lock so that your information isn't a candidate for identity theft. In any case once your information is submitted, the screens will lead you through the end of the process and that you will be able to order your items online such as checks and deposit slips and they should come to you in the mail; just when you're choosing your bank, you'll obviously choose one that you're going to be able to frequent if it's something that you need physical access to. When you are submitting your personal information, just be certain that the little icon for security is in fact close, you don't want your information is a candidate for identity theft, that's a horrible trend out there right now. In addition, you may want to make sure, if it's important to you and to many people it is, that the bank that you choose online services with is also present in your community so that you have the ability to talk to you human if and when that becomes your desire.

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