How to Open a Bank Account for a Corporation
Opening a bank account for a corporation can be a little more involved than opening a personal bank account. To open a bank account for a corporation, you should first have your corporation documents (such as your state registration), your employer identification number, and your articles of incorporation. This will give your banker more information about your business. Make sure to contact your bank for an appointment. Opening a bank account for a corporation may take an hour or two.
To open a bank account for a corporation, all primary members of the corporation should be present and have their own identifying information. Their SSNs and ITINs will be recorded, as well as the corporation’s employer identification number. The banker will then usually give members a temporary check book, and debit cards will be sent through the mail. As long as you have all your documents in place, the process shouldn’t take longer than a couple hours.