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Frequently Asked Questions

Can I conduct business and open a bank account before my DBA has been filed?

You should not be conducting business under your fictitious business name until you have filed the DBA statement. In addition, most banks will not allow you to open a bank account until they have seen proof of the filed DBA. When you are doing business under a company name, you need a company bank account to accept payments for the company. Banks have restrictions about not accepting or cashing company checks using your personal account. Every bank is different.

Should I open a business bank account?

You will need a business account if you want to accept checks under your business name. It also make it alot easy when tax time comes around. In order to open a business account you need to goto your local records department and get either a FBN (Ficticous Business Name) or a DBA(Doing Business As). You will need to file you FBN or DBA with the county clerk. Many counties then require you to publish a notice in a local publication for a few weeks. See similar questions...

What kind of documentation will be required to open a business bank account?

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To open an account with a reputed banking institution, the company should keep its incorporation certificate handy, also the Memorandum of Association, and the Articles of Association. These may be required at the time of application because the bank will ensure that the agreement covers an overdraft facility for the company at acceptable rates. See similar questions...

What is the difference between a Fictitious Name and a Doing Business As (DBA)?

First Stop Business Center - Frequently Asked Questions
A Fictitious Name and a DBA are one and the same. They can also be known as "trade names." At times, a DBA is used when a company decides to do business under a name other than that in which they are registered. Pursuant to O.C.G.A. 10-1-490 trade names are registered with the Clerk of Superior Court of the county where the business is principally located. See similar questions...

Should I open a separate bank accout for my Agel business?

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It is a good idea for tax purposes and for business tracking purposes to have a separate bank account for your home business. If you are using an existing business to run your Agel business from, you probably don't need a separate bank account but it would be a good idea to track income and expenses for you Agel business apart from your other business. See similar questions...

How do I open a bank account in Singapore?

Singapore Expat Guides - FAQ for Singapore expatriates or ne...
To open an account in Singapore, you will need copies of your passport, employer's letter, and a statement from a bank in your home country. Most of the major banks in the world are represented here. Singapore has extensive facilities of automated teller machines (ATMs) and a cashless payment system called NETS for your paying convenience. If you plan to stay in Singapore for an extended period, you should use these facilities. See similar questions...

Can I open a bank account in the UK?

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It has become extremely difficult for short-term (less than 1 year) foreign students to open an account with a UK bank. In general, if you are studying for less than 6 months, there is no chance. Usually, the bank will require you to be taking a course for at least 1 year. You will also have to prove that you have held a bank account in your own country for at least 3 months (you will have to show them your bank statements). See similar questions...

Can I open a bank account in Taiwan?

Frequently Asked Questions on working in Taiwan - How can I ...
Will I be able to send money back home? Yes. You will be considered an Alien Resident of Taiwan. With your passport, you will be able to open a bank account at most banks. Through your bank account in Taiwan, you will be able to transfer funds anywhere in the world, for a small transfer fee. Through your bank account in Taiwan, you may wire 75% of your salary out of Taiwan. See similar questions...

Can I open an account at your bank?

The Bank's roles- FAQs- About the Bank- Bank of Canada
No. The Bank of Canada is not a commercial institution. It does not provide regular banking services, nor does it accept deposits from the general public. Its clientele are the federal government, other central banks, commercial banks and certain other financial institutions. See similar questions...

How do I open a bank account in Spain?

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The process is similar to the UK. You will need to take along your passport, 2 additional forms of identification and a proof of address. See similar questions...

Can you help us open a bank account?

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We will make these arrangements for you and either take you to a local bank or arrange for them to send you the necessary documentation. This is a simple process but should be set up as soon as possible. See similar questions...

Can I open a bank account in Turkey?

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Most of the Turkish banks will accept foreigners as clients. Your passport and a tax number is always required (you can get your tax number from the local tax office (Vergi Dairesi). Cash point cards are available and can be applied for once the account is open as well as the internet banking facility. A bank account is especially useful if you will be having monies transferred from the UK. See similar questions...

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