Business Checking Account opening information

Personal Identification:

• Two forms of ID are required. One ID must be a Government Issued ID
• Primary ID Examples:
  • U.S. Citizens: State Issued Driver’s License, State Issued ID card, Passport, etc.
  • Non-U.S. Citizens:
    • Permanent Residents:
      • Permanent Resident Alien Card (Green Card), State Issued Drivers licenses, State Issued ID card, Passport, etc.
    • Non-Permanent Residents:
      • Passport, Matricula, or U.S. Employment Authorization Card
• Secondary ID Examples:
  • Credit Card/Debit Card with embossed name, Employer ID, Utility Bill, etc.
  • Proof of address or date of birth may be required. Additional forms of ID may be required for Non-U.S. Citizens.

Tax Identification Number:

• An Employer Identification Number (EIN) is required.

Business Documentation:

• General Partnerships:
  • Written Partnership Agreement
  • Joint Venture Agreement
  • Personal Identification (only available in certain states)
  • Website Validation (must be available without a fee)
• Limited Partnerships, Limited Liability Partnerships, and Limited Liability Limited Partnerships
  • Certified Partnership Agreement
  • Website Validation (must be available without a fee)
  • Active Status Verification – Limited Partnerships, Limited Liability Partnerships, and Limited Liability Limited Partnerships registered more than 1 year ago also require one of the following: Certificate of Good Standing, Status Report, OR Long Form or Short Form Standing
• Note: If your business is organized in another state, but operates in the state in which the account is opened, documentation is required to certify that the business is entitled to operate in the state in which the business address is located.

Assumed Name Certificate:

• May be required if your business is operating with a DBA (doing business as). For example: Smith and Jones Paint Supplies DBA SJ Professional Painting.
• Not required in HI, KS, MS, NE, NM, WI and WY
• Note: Assumed Name Certificates may also be referred to as: Trade Name Certificate, Fictitious Business Name Statement, or DBA
  

Supplemental Documentation listing the current General Partners (one of the following):

• Amendment to the Partnership Agreement or Joint Venture Agreement
• Meeting Minutes listing the current General Partners
• Annual Report or Statement of Information

Limited Liability Partnerships, Limited Liability Limited Partnerships and Limited Partnerships only:

• Full name as it appears on limited partners Government issued ID
• Legal Business Name – only used when an owner of the Partnership is another entity/trust.
• Residential Address – (Business address only required if owner is a business)
• Percentage of ownership
• Date of Birth
• Tax Identification Number (e.g. SSN, ITIN, FTIN)
• Country of Citizenship
• Non-U.S. Citizen without a Permanent Resident Alien Card (Green Card) only: provide identification information from either Passport or Matricula Consular Card (i.e., ID number, issuance, expiration date). The physical ID is not required to be shown for those individuals who do not need to be present.
• Note: If applying for a Business Credit Card or Safe Deposit Box it is required to collect the above information for those owners with 25% or more ownership.

• The business address
• Phone number
• Number of business locations
• Where products and services are sold
• Location of suppliers and vendors
• The nature of your business
• Annual sales
• Number of employees
• Types of transactions and volumes you expect to process through the new account

The following is needed if you would like to provide limited access to authorized employees (non-signers) to transact on behalf of your business using an employee card. Employee does not need to be present.

• Full name as it appears on the employee’s Government issued ID
• Employee’s residential address
• Employee’s date of birth

Personal Identification:

• Two forms of ID are required. One ID must be a Government Issued ID
  • If you are applying online, you must have a State Issued Driver’s License or a State Issued ID card. For your security you may be required to scan your ID
• Primary ID Examples:
  • U.S. Citizens: State Issued Driver’s License, State Issued ID card, Passport, etc.
  • Non-U.S. Citizens:
    • Permanent Residents:
      • Permanent Resident Alien Card (Green Card), State Issued Drivers licenses, State Issued ID card, Passport, etc.
    • Non-Permanent Residents:
      • Passport, Matricula, or U.S. Employment Authorization Card
• Secondary ID Examples:
  • Credit Card/Debit Card with embossed name, Employer ID, Utility Bill, etc.
  • Proof of address or date of birth may be required. Additional forms of ID may be required for Non-U.S. Citizens.

Tax Identification Number:

• An Employer Identification Number (EIN) is required
  • Single Member LLCs may use their SSN or ITIN
  • Individual Taxpayer Identification Number (ITIN) may be used for Non-U.S. Citizen

Business Documentation:

• Varies based on the State of Organization.
• Certified Articles of Organization (Certificate of Formation) – filed with state agency
• Website Validation
• Active Status Verification – Limited Liability Companies registered more than 1 year ago also require one of the following: Certificate of Good Standing, Status Report, OR Long Form or Short Form Standing
• Assumed Name Certificate
• Note: If your business is organized in another state, but operates in the state in which the account is opened, documentation is required to certify that the business is entitled to operate in the state in which the business address is located.

Assumed Name Certificate:

• May be required if your business is operating with a DBA (doing business as). For example: Jones Paint Supply LLC DBA Jones Professional Painting LLC
• Not required in HI, KS, MS, NE, NM, WI and WY
• Note: Assumed Name Certificates may also be referred to as: Trade Name Certificate, Fictitious Business Name Statement, or DBA.

Supplemental Documentation listing the current members or managers of the LLC (one of the following):

• Certified amendment to the Articles of Organization or Certificate of Formation
• Operating Agreement
• Meeting Minutes
• Annual Report or Statement of Information
  

Manager and Member Managed LLCs

• Legal First Name and Last Name
• Legal Business Name – only used when an owner of the LLC is another entity/trust.
• Residential Address – (Business Address when the owner of the LLC is a business)
• Percentage of ownership
• Date of Birth
• Tax Identification Number (e.g. SSN, ITIN, FTIN)
• Country of Citizenship
• Non-U.S. Citizen without a Permanent Resident Alien Card (Green Card) only: provide identification information from either Passport or Matricula Consular Card (i.e., ID number, issuance, expiration date). The physical ID is not required to be shown for those individuals who do not need to be present.
• Note: If applying for a Business Credit Card or Safe Deposit Box it is required to collect the above information for those owners with 25% or more ownership.

• The business address
• Phone number
• Number of business locations
• Where products and services are sold
• Location of suppliers and vendors
• The nature of your business
• Annual sales
• Number of employees
• Types of transactions and volumes you expect to process through the new account

The following is needed if you would like to provide limited access to authorized employees (non-signers) to transact on behalf of your business using an employee card. Employee does not need to be present.

• Full name as it appears on the employee’s Government issued ID
• Employee’s residential address
• Employee’s date of birth
  

Personal Identification:

• Two forms of ID are required. One ID must be a Government Issued ID.
  • If you are applying online, you must have a State Issued Driver’s License or a State Issued ID card. For your security you may be required to scan your ID
• Primary ID Examples:
  • U.S. Citizens: State Issued Driver’s License, State Issued ID card, Passport, etc.
  • Non-U.S. Citizens:
    • Permanent Residents:
      • Permanent Resident Alien Card (Green Card), State Issued Drivers licenses, State Issued ID card, Passport, etc.
    • Non-Permanent Residents:
      • Passport, Matricula, or U.S. Employment Authorization Card.
• Secondary ID Examples:
  • Credit Card/Debit Card with embossed name, Employer ID, Utility Bill, etc.
  • Proof of address or date of birth may be required. Additional forms of ID may be required for Non-U.S. Citizens.

Tax Identification Number:

• An Employer Identification Number (EIN) is required.

Business Documentation:

• Filed with appropriate State Agency including State Filing Stamp.
• Certified Articles of Incorporation – also known as a Certificate of Formation.
• Website Validation (must be available without a fee)
• Active Status Verification – Corporations registered more than 1 year ago also require one of the following: Certificate of Good Standing, Status Report, Long Form Standing or Short Form Standing.
• Note: If your business is organized in another state, but operates in the state in which the account is opened, documentation is required to certify that the business is entitled to operate in the state in which the business address is located.

Assumed Name Certificate:

• May be required if your business is operating with a DBA (doing business as). For example: Jones Paint Supply Inc. DBA Jones Professional Painting.
• Not required in HI, KS, MS, NE, NM, WI and WY.
• Note: Assumed Name Certificates may also be referred to as: Trade Name Certificate, Fictitious Business Name Statement, or DBA.

Supplemental Documentation listing the current members or managers of the LLC (one of the following):

• Certified amendment to the Articles of Incorporation or Certificate of Formation
• Corporate Resolution
• Meeting Minutes
• Annual Report or Statement of information

Including Senior Managers, Board of Directors, or anyone else that has influence over the company.

• Full name as it appears on the customers’ Government issued ID.
• Residential Address
• Senior Managers require additional information:
  • Date of Birth
  • Tax Identification Number (e.g. SSN, ITIN, FTIN)
  • Country of Citizenship

• Full name as it appears on the shareholders’ Government issued ID.
• Legal Business Name – only used when an owner of the Corporation is another entity/trust.
• Residential Address – (Business address if an owner is a business)
• Percentage of ownership
• Date of Birth
• Tax Identification Number (e.g. SSN, ITIN, FTIN)
• Country of Citizenship
• Non-U.S. Citizen without a Permanent Resident Alien Card (Green Card) only: provide identification information from either Passport or Matricula Consular Card (i.e., ID number, issuance, expiration date). The physical ID is not required to be shown for those individuals who do not need to be present.
• Note: If applying for a Business Credit Card or Safe Deposit Box it is required to collect the above information for those owners with 25% or more ownership.

Personal Identification:

• Two forms of ID are required. One ID must be a Government Issued ID.
• Primary ID Examples:
  • U.S. Citizens: State Issued Driver’s License, State Issued ID card, Passport, etc.
  • Non-U.S. Citizens:
    • Permanent Residents:
      • Permanent Resident Alien Card (Green Card), State Issued Drivers licenses, State Issued ID card, Passport, etc.
    • Non-Permanent Residents:
      • Passport, Matricula, or U.S. Employment Authorization Card
• Secondary ID Examples:
  • Credit Card/Debit Card with embossed name, Employer ID, Utility Bill, etc.
  • Proof of address or date of birth may be required. Additional forms of ID may be required for Non-U.S. Citizens.

Tax Identification Number:

• An Employer Identification Number (EIN) is required.

Business Documentation If Organization or Association is using their own EIN:

• Articles of Association
• Charter document validating existence
• IRS Confirmation of EIN Issuance

If Organization or Association is using EIN of national or regional organization:

• Letter of Authorization from national or regional office (must include EIN of national or regional office)

Assumed Name Certificate:

• May be required if your business is operating under an assumed name.
• Not required in HI, KS, MS, NE, NM, WI and WY
• Not required for Non-profit Unincorporated Business Association or Organization in CA
• Note: Assumed Name Certificates may also be referred to as: Trade Name Certificate, Fictitious Business Name Statement, or DBA.

• Supplemental Documentation: Listing the current officers of the Unincorporated Business Association or Organization:
• Meeting Minutes

• Full name as it appears on the customers’ Government issued ID.
• Residential Address
• Additional information is required for a Senior Manager on an Unincorporated Business Organization:
  • Date of Birth
  • Tax Identification Number (e.g. SSN, ITIN, FTIN)
  • Country of Citizenship

Non-U.S. Citizen without a Permanent Resident Alien Card (Green Card) only: provide identification information from either Passport or Matricula Consular Card (i.e., ID number, issuance, expiration date). The physical ID is not required to be shown for those individuals who do not need to be present.

• Business address
• Phone number
• Number of business locations
• Where products and services are sold
• Location of suppliers and vendors
• The nature of your business
• Annual sales
• Number of employees
• Types of transactions and volumes you expect to process through the new account

The following is needed if you would like to provide limited access to authorized employees (non-signers) to transact on behalf of your business using an employee card. Employee does not need to be present.

• Full name as it appears on the employee’s Government issued ID
• Employee’s residential address
• Employee’s date of birth