What we think

What is a Business Accounts (Sole Proprietor, S Corp, C Corp, LLC, and Partnership)?

by Peter J. Creedon

The business entity is the primary account holder and the business’s tax ID number, name and address is used. The secondary account holder would be an authorized signer. Any additional account holders would complete and sign the Additional Account Holder Form. All business applications require Corporate Account Agreements before the account can be opened. Corporate documents are required if the entity cannot be verified by our CIP vendor and we will verify the business name, entity type, address and the association of the account holders associated with the account.