Author Topic: Zelle for Non-profit (Small Business) Bank Account  (Read 4741 times)

Offline lcm

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Re: Zelle for Non-profit (Small Business) Bank Account
« Reply #20 on: November 19, 2020, 07:31:33 PM »
thanks for the replies!
@AsherO $1,500 isn't a deal-breaker but would rather not have 1,500 sitting around in the account. Chase fee is also waived if you have a private client account. unfortunately, I don't.

@ExGingi I just found out about the Bofa 250/ mo on card to waive fee and was going to just buy cards when they waive fee. but I like your idea better.

Any other ways to accept donations fee free? I applied for 501c3 and once I receive that I can apply for PayPal giving fund which has no fees.
https://forums.dansdeals.com/index.php?topic=121401.0

https://www.paypal.com/generosity-network/

Offline bennyc

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Re: Zelle for Non-profit (Small Business) Bank Account
« Reply #21 on: November 20, 2020, 08:36:50 AM »
its only a temporary campaign. Also paypal giving fund takes about 2 weeks to receive the money

Offline gozalim

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Re: Zelle for Non-profit (Small Business) Bank Account
« Reply #22 on: August 30, 2022, 01:59:07 AM »
opening a checking account for a nonprofit would be
as a C corp?
no "ownership"? (just "senior manager")?

Offline hocker

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Re: Zelle for Non-profit (Small Business) Bank Account
« Reply #23 on: August 30, 2022, 08:05:28 AM »
opening a checking account for a nonprofit would be
as a C corp?
no "ownership"? (just "senior manager")?
In order to get 501c3 status I believe you need to be a c corp, so yes the bank account would follow.

Offline gozalim

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Re: Zelle for Non-profit (Small Business) Bank Account
« Reply #24 on: November 24, 2022, 05:35:00 PM »
any banks that will allow opening a business savings account online for a sole-prop 'business' (i.e. no ein/dba) ?

Offline incendia

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Re: Zelle for Non-profit (Small Business) Bank Account
« Reply #25 on: November 24, 2022, 07:51:15 PM »
any banks that will allow opening a business savings account online for a sole-prop 'business' (i.e. no ein/dba) ?

amex did for a checking account

Offline ah giten

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Re: Zelle for Non-profit (Small Business) Bank Account
« Reply #26 on: November 24, 2022, 10:33:37 PM »
any banks that will allow opening a business savings account online for a sole-prop 'business' (i.e. no ein/dba) ?
I opened at bofa

Offline lcm

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Re: Zelle for Non-profit (Small Business) Bank Account
« Reply #27 on: March 27, 2023, 01:08:56 PM »
Recently noticed another no-fee way of accepting donations.
Zeffy.com