Bank of America LLC C S Corp EASY TO OPEN
Your account opening state will be Florida on their proof code list #79 no matter where you opened the account.
I have 5 accounts now with them in the past 5 months (2 checking, 1 savings & 2 loans).
Their checking accounts have no holds to my knowledge, I dropped a $5600 personal check written to me into the business acct before 2pm and it was available in full as of 6 am the next day!
Their new ATM's are worth it, you can deposit up until as late as 8:30 to be processed for the same day business.
I had no issues and I left B of A with a $930 debt, I still weekly dispute (it never was reported to chex but i refuse to pay for their mistakes).
Businesswise for my LLC they are amazing.
MCA! I was the SunTrust :) and it isn't worth messing with them, their loss management office, disabled and cancelled both of my debit cards linked to two seperate business accounts because I deposited a certified $1100.00 check at a Sunday open grocery branch and the teller didnt put a hold on it, so back offICE, killed the entire transaction and held it for 10 days and had to send me new cards.
Real swell for business. I heard from a friend that she had an overdraft and account closed for $61 dollars, she ended up in Chex, telecheck, SCAN & the police were reported to for the loss of the money.
They not only use back office in Atlanta they also have Security Officers for every region who work each and every single case.
Not real pretty! TRY BOFA!!!
I gather from what you are saying is that BOA is SCorp and LLC f
I gather from what you are saying is that BOA is SCorp and LLC freindly. I have a personal account with them and keyed in a deposit off by eight cents and they held the funds for almost a week while they fixed it.
Why did Suntrust run you through chexsystems for a business acco
Why did Suntrust run you through chexsystems for a business account to begin with? I was told they don't. Is this not true?
Thanks for the infomation
Submitted by Mary Adkins Matthews on Mon, 12/10/2007 - 10:26
Say YES to Bank of America for LLC & CORP Accounts
It's worth a shot to try Bank of America for the business accounts if you have an LLC or a C/S Corporation. They require you fax in your articles of organization as well as a copy of your TAX ID.
As for Sun Trust, I was the original individual who found out about them only running the EIN/Business Tax ID number.
They did not run me for Chex but they will report both the business and ALL authorized individuals on the account whether they are in the wrong or not. (This was not my personal experience however it was a friends situation)..
I love Bank of America. I opened an account with them two month
I love Bank of America. I opened an account with them two months ago and no problems at all. Also, I was looking for a bank where I am moving..found out there is a B of A there too!
Yeah the ATM's are great...here they post up to 8 and cash is immediate.
Thanks for the advice.
Since May of 2006, for more than a year now, Bank Of America and
Since May of 2006, for more than a year now, Bank Of America and Early Warning Services have been working together. Since February of 2007, they have began to use Deposit Chek. The Deposit Chek service is used to help prevent fraud and expedite funds availability decisions at the teller window, new account desk, image ATM, online banking and/or the back office.
For most of us the process would begin at the teller window when a check presented would be swiped through what they call a MICR reader. The MICR is Early Warning's shared account data base. A status is then given to the teller within seconds. If a check is determined to be of a
" high risk status " it would normally have been deposited to the account and a hold would have been placed on the check until the funds were cleared. Now Bank of America gives the customer three choices, to present the check at the paying bank, send it for collection, or deposit it with an extended hold.
Apparently Bank of America was initially concerned that customers would be upset over the additional hold times but they are convinced that most customers are pleased to know when there may be a problem with a check and allowing them to decide what the best option in the situation is for them.
My concern is of course with Bank of America and Early Warning Services working together and not knowing how it may impact future accounts and current ones.
Submitted by Mary Adkins Matthews on Tue, 12/25/2007 - 09:38