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Results for: Banking

Silicon Valley Bank. Tell them I sent you and they'll take care of you ;-)

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We had a similar issue. Assuming all 3 co-founders are American citizens I can think of two banks: Everbank and BofI. If your co-founders are merely living in America but not citizens, BofI is out. Everbank however will still allow you to bank with them but you might have to jump through some h...

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Short & Long of it: You cannot. The current rules BSA, et. al. stipulate that you would have to be physically present in the branch to open an account and present your ID and company credentials. Anyone telling you otherwise is not correct.

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You have asked the golden question. As a business banker, we all struggle with getting deposits. Going after key industries (escrow companies, property management, HOA's, etc) will help in this. However, there are many options to help get deposits. I'd be happy to hop on a call and talk about thi...

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Without knowing where in the world you are it's hard to name any specific institutions but here are some things I've learned over the years: 1. Don't do business banking virtually. By having a relationship with my local bank officer I was allowed to go over my line of credit limit by $5,000 for 1...

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Hello, I believe that you may be over-complicating this a little. Typically, you need to have either citizenship or some other legal presence within a country to open a checking account within it. I would recommend establishing accounts in your own country first and then using ATMs in other cou...

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1) Change bank 2) Stop doing money laundering or giving them suspicions of doing so by avoiding excessive cash deposits/withdrawals or having periods of large movement and then no movement (these are triggers) 3) Have a good relation with your banker 4) If they ask you for nature of your business...

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Find a place to store the food so nothing spoils. Contact local organizations around in your area that can help you bring in food donations. Let other food banks know of your operation. Set up a specific and time schedule that lets others know when they can receive from food you. Hold a food driv...

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I've found that the most important thing to do is get a relationship with a business banker. We use Wells Fargo, and maybe I just got lucky, but I managed to find a business banker who I connected with really well and he was able to coach me through everything. Also their phone support has been v...

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