Author Topic: Opening a US business bank account online  (Read 1200 times)

Offline soferstam

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Opening a US business bank account online
« on: November 27, 2019, 03:47:07 AM »
I'm a US citizen living overseas. I need to open a US business bank account and am looking for options that allow one to do so online. Few banks allow this. Can someone recommend a bank that offers the following?
1. Basic business checking account - low/no monthly fee and low/no monthly minimum balance
2. Preferable a bank that is part of the Zelle system.

Offline Pad18

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Re: Opening a US business bank account online
« Reply #1 on: November 28, 2019, 05:40:51 PM »
you could use TransferWise, however, it's work with Zelle

or check out this article: https://www.nerdwallet.com/blog/banking/open-bank-account-online/

ally and capital one are accepting Zelle

Offline shopcomputer

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Re: Opening a US business bank account online
« Reply #2 on: November 28, 2019, 08:17:38 PM »
Azlo https://azlo.app.link/v1ar44MVZ1 been with then for some time

Offline uo

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Re: Opening a US business bank account online
« Reply #3 on: November 28, 2019, 08:25:08 PM »
I believe the best option would be Discover...Discover has a checking account with debit card with no foreign transaction fees. You apply online & see if they approve you. There is no minimum that needs to be in the account at any time & 1% cash back for what is in the account.  https://www.discover.com/online-banking/checking/?cmpgnid=ps-bk-ggl-bndCHK&src=S00000M8V&van=Dbank&gclid=CjwKCAiAzuPuBRAIEiwAkkmOSN9W0CSFY3wn-CVK8Vlc7gn_gZh4iQUEE-vNdn6CSM8nanp0_GI71BoCnTgQAvD_BwE&gclsrc=aw.ds

Offline soferstam

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Re: Opening a US business bank account online
« Reply #4 on: November 29, 2019, 03:49:36 AM »
Thank you for your replies. I'd have gone with Capital One (I already use Capital One 360 for personal banking.) but you can't sign up for a business account online. The alternative will be to open an account when in the US and I'll only be in FL so this excludes Capital One. For banks with branches in FL. my potential best options so far look like Comerica and TIAA.

I found a few banks that I can open an account online, such as Azlo as mentioned in a post, but none are Zelle partners.

I don't see a business account option on Ally. I'll give them a call.

Offline soferstam

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Re: Opening a US business bank account online
« Reply #5 on: December 04, 2019, 01:09:05 PM »
BB&T have a no fee business checking account, is a Zelle partner and one can open an account online.

Offline incendia

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Re: Opening a US business bank account online
« Reply #6 on: December 05, 2019, 08:20:27 AM »
AFAIK zelle will not work with any business account

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Re: Opening a US business bank account online
« Reply #7 on: December 05, 2019, 08:23:52 AM »
AFAIK zelle will not work with any business account
-1
BOA has  Zelle for business accounts.

Smallbusinessbank.com allows opening an account online. They don’t participate with Zelle and leave much to be desired but have no fees and no minimum and don’t charge for remote check capture.
I've been waiting over 5 years with bated breath for someone to say that!
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Re: Opening a US business bank account online
« Reply #8 on: December 05, 2019, 08:32:22 AM »
AFAIK zelle will not work with any business account
Chase QuickPay works with a business account.