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Mark Wenham - Independent Business Funding Agent
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Can I open a personal bank account with an EIN instead of SSN?
WebAug 18, 2024 · If you have an EIN assigned to you and open a checking or savings account using that EIN, then the account belongs to the employer and is thus a business account. Any interest earned is interest paid to the employer etc. So whether the bank will allow you to hold a personal checking account for business purposes is up to the bank. – WebWhat you'll need to open a business deposit account. When opening a business checking or savings account, we are required by law to verify your business as well as the individuals associated with your business. All owners, partners and key executives must be present at the time you open a new account at the branch. WebFeb 6, 2024 · Capital One †: Best for unlimited transactions with a traditional bank. Chase: Best premium business checking account with a traditional bank. Novo *: Best digital-only bank for rapid access to funds and … fletcher orthopedic