5 steps to opening a business bank account

Gather the required documents and information

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Decide on the services you need

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Review your banking options

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Compare your options

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Finding a financial advisor doesn’t have to be hard. SmartAsset’s free quiz matches you with fiduciary financial advisors in your area or who serve your area. If you are ready to be matched with financial advisors that can help you achieve your financial goals, take the quiz now.

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5 steps to opening a business bank account

Read more about how to open a business bank account, its requirements, different types, what to look for, and their benefits to small business owners.

Gather the required documents and information

– Employer Identification Number (EIN) – Social Security number – Business license – Driver’s license

Decide on the services you need

Review your banking options

– Traditional checking account – Online checking account – Cash management account (CMA)

Compare your options

By doing further research, you can avoid signing up for a bank that has unsatisfactory customer service or unexpected fees.

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Finding a financial advisor doesn’t have to be hard. SmartAsset’s free quiz matches you with fiduciary financial advisors in your area or who serve your area. If you are ready to be matched with financial advisors that can help you achieve your financial goals, take the quiz now.

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