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I got put into Chex thanks to check reordering by BOA when I was not working. I could not catch up in time and they closed my account. They have since lost a class action lawsuit because of that but that is another story. I posted this question last year but never received a definitive answer. I want to open up a business account with an Employer ID Number (EIN). My question is: Will the bank accept the EIN only to open my account or will they deny the account because of my SS number and Chex?. If I was the President of the company and opened a separate account and sent a VP to do it they would not want his SS number or mine. Just the EIN. Why would it be different for an individual? I asked a couple clerks and they said I can't open an account with an EIN if I am in Chex with my SS number. The problem is that when I asked the question they knew because I was asking. If I simply went in there with the EIN and filled out the papers I do not think they would run my personal info.
I am hoping someone has a definitive answer because clients have been insisting on paying by check and it is a pain in the a-- having to either cash them or deposit them in my wife's account. The bank won't allow me to deposit them if her name is not on the check. There are no non Chex banks in NJ. Or any second chance banks either. Thanks for your answers.




No wells fargo?? They have second chance accounts.

Sub: #1 posted on Tue, 03/06/2012 - 10:57

SOAPLADY SOAPLADY
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Wells Fargo used to be Wachovia. Wachovia put me in Chex 7 years ago after a collection agency drained my account and I went hundreds over drawn.That's around the time when I wound up on this forum. I tried to fight it but it was like talking to rocks. I was a little naive in those days as I had never had any issues with that stuff. I am no longer in Chex but the people at Wells Fargo said they could not help me because of it. Thanks. I had forgotten that. I will try them again. I am sure they wrote that off.

Sub: #2 posted on Tue, 03/06/2012 - 12:42

Frogpatch Frogpatch
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I am very surprised that no one could help me with this. I thought that one of my fellow members would have some knowledge in this area.

Sub: #3 posted on Sun, 03/11/2012 - 18:05

Frogpatch Frogpatch
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I would definately suggest trying wells again. When Wells bought out Wachovia, files transfered over to Wells. I had a closed account that did not appear in their system. It was a good account but all the archived crap didnt switch over. ( I was working at Wells during the Florida conversion)

Sub: #4 posted on Sun, 03/11/2012 - 22:46

SOAPLADY SOAPLADY
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I tried to use my EIN to open an account but the bank also wanted my SSN. I am also in Chex and they would not let me open an account. I went to US bank and did not have a problem. They do not use Chex

Sub: #5 posted on Mon, 03/12/2012 - 13:18

kstedman kstedman

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