How to Open Business Bank Account Bank of America !

Published: 08 September 2024
on channel: Help Deck
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If you want to open a business account with Bank of America, here's how you can do it:

Open your browser and go to https://bankofamerica.com. By default, you will be under the personal tab, but to create a small business account or a business and institutions account, select the appropriate business option depending on the size of your business.

Choose between the checking or savings account you want to create. For example, you can select the Business Advantage account. Click on the "Open Now" button for the account type you prefer. You will see different types of banking data available.

Click on the "Go to Application" button. You'll see options for the number of checking accounts you need and the associated maintenance fees per month. You can also apply for a business credit card at the same time by clicking on the "Add" button next to the credit card option you want.

If you want to open a savings account as well, you can do so within the same application. Once you've made your selections, click on the "Next" button.

On the next page, you will be asked to log in. If you don’t have an account, click on "No" and then the "Continue" button. You will be prompted to fill out a form with your business's legal information.

Complete the form with accurate details, including your business's legal name, address, tax identification number, and other relevant information. Click on the "Continue" button once you’ve filled out all the required fields.

Follow the remaining prompts to finalize your application. You may need to provide additional documentation to verify your business.

By following these steps, you can open a business account with Bank of America. I hope this guide was helpful. If you have any questions, feel free to leave them down below. Thank you for watching, and see you in the next video.

0:00 Introduction
0:02 Open Browser and Visit Bank of America Website
0:10 Select Business Account Option
0:24 Choose Checking or Savings Account
0:31 Click on Open Now Button
0:40 Click on Go to Application Button
0:46 Select Number of Accounts and Maintenance Fee
0:52 Apply for Business Credit Card (optional)
1:01 Option to Open Savings Account
1:07 Click Next Button
1:10 Log In or Click No and Continue
1:18 Fill Out Business Legal Information
1:24 Click Continue and Follow Prompts
1:30 Conclusion and Additional Help

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