why does the bank even have to know what your business is doing. I have opened a few business bank accounts, and none of them asked me what my business was or what it involved, i turned in the EIN and my SSN and they gave me an account number. no questions, no problems. I could have been selling crack for all they knew.
But maybe list the business as a computer networking business or even better a data processing center. problem solved and you are not lieing in either case.
Cyberpinoy, excellent idea but, if You provide the Bank with false information on your business activity they can shut your corporate account and then what ?But maybe list the business as a computer networking business or even better a data processing center. problem solved and you are not lieing in either case.
Aditionaly when You open corporate account according to KYC and AML policies any Bank required to ask You about Your company's business activity
Guys come on I didn't tell that I'm stupid I said that I have a problem with the Banks. Do You think that I thought through all the nuances and at once decided to write here?
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I hope that someone will be more useful than previous two
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